Property summary
This two-story brick commercial building is located on Main Street in historic Valdese, North Carolina, and sits on a 0.24-acre lot. The building features large, open interior spaces on the main, mid, and upper levels, and includes a manual freight elevator. Off-street parking is available and the property’s end-unit configuration provides access from a rear lot area that adjoins the alley, with covered loading access to the rear of the building. Building systems and infrastructure include an air conditioning unit and system installed approximately six years ago on the upper level, a heat pump installed on the main level in 2024, electric service upgraded in 2024 to two 200-amp service panels, a roof replacement completed about ten years ago, and an upgraded sewer line. Interior finishes include primer-applied paint throughout, and the property is zoned B-1, supporting a range of business uses. It is positioned for convenient access to I-40, roughly halfway between Asheville and Charlotte.
Property profile
VerifiedCap rate & NOI
Current use
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Discount Store
Location
Value estimations
Owner & transaction history
Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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