1035 Pee Dee Ave Albemarle, NC 28001

This exceptional Class A mixed-use property, located in Albemarle, NC's historic district at 1035 Pee Dee Ave, presents a unique investment opportunity. The 5,200 square foot, two-story Colonial-style Georgian home, situated on a 1.84-acre lot, boasts two buildings. Built in 1950 with extensive renovations in 2012 and 2022, it features two owner's suites, two additional bedrooms, and three full bathrooms. The main level includes a spacious kitchen, a home office/lounge, a dining area, a large living area with a fireplace, and a half bath. A finished basement offers a home theater, wet bar, billiard room, exercise area, and workshop. An apartment above the detached two-car garage provides additional living space. The property also includes an 18' x 36' in-ground swimming pool and a spacious lanai. The permitted zoning is R-10, and the property is offered fee simple. This versatile property is currently used as a vacation rental and event venue, offering significant income potential. The property's size, location, and amenities make it ideal for a variety of uses, including a family home, investment property, or a combination of both. The ample storage in the attic provides further expansion possibilities. This meticulously maintained property is a rare find in the heart of Albemarle. Asking price is $750,000.