Property summary
This expansive commercial property, located at 2120 W Main Street Unit B, Albemarle, NC, presents a significant investment opportunity. The building boasts a substantial 42,190 square feet of space, divided equally between a lower and upper level. The lower level, encompassing approximately 21,095 square feet, features office space and is equipped with a fully functional heating and cooling system. The upper level, mirroring the lower level's square footage at approximately 21,095 square feet, currently has some heating but lacks air conditioning. This presents a unique opportunity for customization and tenant improvements to suit a variety of commercial uses. The property sits on a generous 1.37-acre lot, providing ample space for expansion, parking, or outdoor activities. Its strategic location on the west side of Albemarle offers convenient access to Charlotte, situated only a 30-minute drive away via the four-lane Highway 24/27 and I-485. The property is zoned LID, offering flexibility for various commercial ventures. Priced significantly below a recent appraisal, this property represents exceptional value for a discerning investor seeking a substantial commercial space with significant upside potential. The building's size and location make it ideal for a wide range of businesses.
Property profile
VerifiedCap rate & NOI
Current use
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Furniture & Home Goods Home Decor Store
Location
Value estimations
Owner & transaction history
Zoning & alternative use
§ 92.106 LID LIGHT INDUSTRIAL DISTRICT. Annotations Off Follow Changes Share Download Bookmark Print CHAPTER 92: ZONING REGULATIONS Share Download Bookmark Print § 92.105 HMD HOSPITAL-MEDICAL CENTER DISTRICT. (A) The reg…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
LID · Albemarle, NC§ 92.106 LID LIGHT INDUSTRIAL DISTRICT. Annotations Off Follow Changes Share Download Bookmark Print CHAPTER 92: ZONING REGULATIONS Share Download Bookmark Print § 92.105 HMD HOSPITAL-MEDICAL CENTER DISTRICT. (A) The reg…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
§ 92.106 LID LIGHT INDUSTRIAL DISTRICT. Annotations Off Follow Changes Share Download Bookmark Print CHAPTER 92: ZONING REGULATIONS Share Download Bookmark Print § 92.105 HMD HOSPITAL-MEDICAL CENTER DISTRICT. (A) The reg…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for LID in Albemarle, NC.
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