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    FOR LEASE
    Strip malls

    500 N Main St, Marion, NC 28752

    39,795 SF 17.85 ac lot Built 1987
    Entity Owned 6-yr Hold ~ Est. High Equity
    Property ID
    US53-3289453
    Property summary
    AI-generated overview

    Marion City Square, located at 500 N Main St, Marion, NC 28752, offers 39,134 square feet of immediately available space in a 155,156 square foot neighborhood center. This property boasts a prime location near downtown Marion, with convenient access to major roadways including I-40, US 221, and NC 226. The center features excellent visibility and ample parking. Suites range from 1,300 to 15,051 contiguous square feet, accommodating a variety of businesses. The property is suitable for diverse uses, including traditional office, executive office, coworking, medical office, creative office, retail, and restaurant spaces. Recently re-anchored by Ollie's Bargain Outlet, Hobby Lobby, and a local furniture store, Marion City Square benefits from strong existing tenants and a growing surrounding neighborhood. The flexible lease terms are designed to accommodate both new and established businesses, offering an attractive opportunity for various commercial ventures. While some flex units in the rear lack water, the main building offers complete commercial functionality. This is an exceptional opportunity to establish a presence in a thriving community within a well-maintained, high-visibility center. Contact us today to learn more about available spaces and lease options.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 1987
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 39,795 SF
    Lot 17.85 ac (777,546 SF)
    APN 1701-06-49-5592
    UPID US53-3289453
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Pro Nails Nail Salon
    • Workout Anytime Marion Gym & Fitness Center
    • Babe's Restaurant Restaurant
    • Sharons Cafe Cafe & Coffee Shop
    • MANPOWER Employment Agency
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $780k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $780k
    Owner & transaction history
    Marion City Square LLC · 6 yrs held
    Marion City Square LLC
    since 2019
    3 recorded transactions
    2025
    2019
    $3.3M
    2014
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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