Technical
Financial
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Property profile

292 Church N St Concord, NC 28025

OFF-MARKET
Retail space
Property ID
US53-1676577
12,790 SF 0.49 ac lot Built 1908
Entity Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional retail property at 292 Church Street, Concord, NC, presents a unique investment opportunity. Built in the early 1900s, this charming building offers approximately 0.49 acres of land and boasts two spacious floors plus a partial basement, providing ample room for a variety of uses. Currently occupied by a martial arts school/gym, the property's versatility allows for continued operation as an owner-user business or conversion into a lucrative rental property. Its prime location on a busy street corner ensures high visibility and significant foot traffic. The building benefits from its proximity to the revitalized Locke Mill, a mixed-use development featuring residential, office, and retail spaces, and is just one block from historic Union Street, adding to its desirability. The C2 zoning classification allows for a wide range of commercial uses, making this a truly flexible and attractive investment. The asking price is $799,900. This property offers a blend of historical character and modern potential, making it an ideal choice for discerning investors seeking a strong return on investment in a thriving community. The building's size, while not specified in square footage, is substantial enough to accommodate a variety of businesses. Its location within a revitalized area promises continued growth and appreciation. Don't miss this chance to own a piece of Concord's rich history and vibrant future.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1908
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 12,790 SF
Lot 0.49 ac (21,306 SF)
Zoning code C-2
APN 5621 61 8187
UPID US53-1676577

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
  • Training Center Sports School

Location

292 Church N St Concord, NC 28025-4571
Concord metro Census 42300 CHARLOTTE-CONCORD-GASTONIA, NC-SC 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
$598k
Blend (final) Blend
$115k

Owner & transaction history

since 2025
Last sale
$680,000
5 recorded transactions
2025
Price N/A
2025
$680,000
2022
Price N/A
2014
$140,000
2011
$150,000

Zoning & alternative use

C-2 · Concord, NC
Zoning description

The C-2 District is established to provide areas for general commercial activities designed to serve the community such as shopping centers, repair shops, wholesale businesses, and retail sales with limited outdoor displ…

General category COMMERCIAL

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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