Property summary
This exceptional 1,240 square foot commercial building presents a rare opportunity in Davidson's vibrant Historic District. Located just one block from Main Street and Davidson College, this property enjoys unparalleled access to the town's bustling center and the anticipated Charlotte light rail extension. Currently configured as an insurance agency, the building's versatility allows for a multitude of uses, capitalizing on its prime location and high growth potential. The property includes two parcels situated on the corner of Jackson and Depot Streets, offering excellent visibility and accessibility. Five dedicated parking spaces, including one handicapped-accessible space, are a significant added value in this highly desirable location. The 0.07-acre lot provides ample space for outdoor use or potential expansion. The building's proximity to Davidson College, the town's thriving commercial sector, and the future light rail makes this an exceptional investment opportunity for discerning buyers seeking a strong return in a rapidly developing area. The strategic location ensures high visibility and easy access for clients and employees alike. This is a unique chance to acquire a well-situated commercial property in one of North Carolina's most sought-after towns. The existing structure offers immediate income potential, while the location and zoning allow for a variety of future development possibilities. Don't miss this chance to own a piece of Davidson's thriving commercial landscape.
Property profile
VerifiedCap rate & NOI
Current use
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Insurance Agency
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Marketing & Advertising (Bike/Boat/Book/etc) Store
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Insurance Agency
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The Village Center Planning Area is established to protect and cultivate the unique environment of Davidsons historic downtown. It is the community commercial, civic, cultural, and transportation hub. The Village Center…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
VCE · Davidson, NCThe Village Center Planning Area is established to protect and cultivate the unique environment of Davidsons historic downtown. It is the community commercial, civic, cultural, and transportation hub. The Village Center…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The Village Center Planning Area is established to protect and cultivate the unique environment of Davidsons historic downtown. It is the community commercial, civic, cultural, and transportation hub. The Village Center…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for VCE in Davidson, NC.
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