Property profile

259 MAIN ST Valdese, NC 28690

OFF-MARKET
Retail Stores
Property ID
US53-1270647
6,336 SF Built 1932
Saved · see the list in your Dashboard

Property summary

AI-generated overview

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

Verified
Property type Retail Stores
Year built 1932
Total area 6,336 SF
APN 10616
UPID US53-1270647

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Discount Store

Location

259 MAIN ST Valdese, NC 28690
Valdese metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

since 2026
Last sale
$475,000
2 recorded transactions
2026
$475,000
2017
Price N/A
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 259 MAIN ST?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message