Property profile

201 Main St 1 Catawba, NC 28609

OFF-MARKET
Warehouses
Property ID
US53-0583444
27,046 SF 0.53 ac lot Built 1949
Entity Owned Free & Clear
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Property summary

AI-generated overview

This exceptional 2,500 square foot office building, located at 201 N Main Street in Catawba, North Carolina, presents a unique investment opportunity. Built in 1949, this two-story building sits on a 0.53-acre lot and is zoned M-1. The property features a single-tenant occupancy in a high-growth area of downtown Catawba, offering convenient access to I-40. The building's traditional office layout provides ample space for a variety of businesses. The property's address is 201 N Main St, Catawba, NC 28609, and its APN is 378106396632. This is a single-building property with a storefront subtype, ideal for a business seeking a prominent location in a thriving community. The property's location within the Catawba submarket, part of the Hickory, Newton, Sherrills Ford cluster, offers excellent visibility and accessibility. The total building square footage is 2,500 square feet. This presents a rare chance to acquire a well-situated commercial property in a rapidly developing area. The property's history and location combine to create a strong foundation for future growth and profitability. Serious inquiries are encouraged.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1949
Construction WOOD
Total area 27,046 SF
Lot 0.53 ac (23,087 SF)
Zoning code M-I
APN 3781-06-39-6632
UPID US53-0583444

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

201 Main St, Unit 1 Catawba, NC 28609-9061
Catawba metro Census 11501 HICKORY-LENOIR-MORGANTON, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$450k
Blend (final) Blend
$485k

Owner & transaction history

since 2025
Last sale
$600,000
7 recorded transactions
2025
Price N/A
2022
Price N/A
2022
$600,000
2017
Price N/A
2015
$280,000
2013
$360,000
2004
$120,000

Zoning & alternative use

M-I · Catawba, NC
Zoning description

8.6 Manufacturing - Industrial District (M-I) Intent: The Manufacturing - Industrial (M-I) District is established as a district in which the principal use of land is for industrial and warehousing uses which normally se…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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