Property summary
This exceptional 1,216 square foot commercial property, situated on a 0.17-acre lot at 500 US Highway 1, Unit 500 in Norlina, NC, presents a unique opportunity for a variety of businesses. The sturdy cement block building features a spacious main area, a dedicated office space, and a convenient bathroom. Its previous use suggests potential for a diverse range of ventures, including a grill/restaurant, catering business, car detailing service, hair salon, or nail spa. The possibilities are truly limitless, allowing for a creative entrepreneur to establish their ideal business. The property boasts a paved parking lot for ample customer convenience, and its prime location on the main street of downtown Norlina ensures high visibility and accessibility. This is an excellent opportunity to acquire a well-constructed building in a thriving downtown area, ready for immediate occupancy and customization to suit your specific business needs. The asking price of $65,000 makes this a highly attractive investment for those seeking a versatile and strategically located commercial space. Don't miss out on this chance to bring your business vision to life in a vibrant and accessible location.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning