308 E Centerview St, China Grove, NC 28023
For Sale
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This exceptional 19,576-square-foot medical office building, located at 308 E Centerview St in China Grove, North Carolina (zip code 28023), presents a unique investment opportunity. Built in 1996, this single-story, Class B building sits on a 3.16-acre lot and features 75 parking spaces. The property is zoned O-I and boasts a full brick veneer exterior. The interior is tastefully designed and offers a highly functional layout, easily adaptable to accommodate multiple medical practices. The expansive reception area presents a significant opportunity for expansion or repurposing as an event space. The seller has owned the property for less than a year. This former Novant Regional Medical Center offers significant potential for a variety of uses. The building's size and layout allow for the possibility of dividing the space into two or three separate practice areas, providing flexibility for future tenants or owners. The property's convenient location in Rowan County, North Carolina, offers easy access to major transportation routes and a thriving community. The asking price for this institutional-grade investment is $5,000,000. The Assessor's Parcel Number (APN) is 103002. This is a rare opportunity to acquire a well-maintained, versatile medical office building in a desirable location.
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Purcell Kim P Employment Agency
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Dr. Cheryl T. Navarro-Mcguinness, DO Pediatrician Physician
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Alexander Waite Pediatrician Physician
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Alexander Manson Waite Pediatrician Physician
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Paige Carpenetti Physician
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
OI:OFFICE INSTITUTIONAL · China Grove, NCChina Grove. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.