520 Salem St Lexington, NC 27293

Property Details for 520 Salem St

Year built

1946

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.17 lot acres

Property size

1,686 SF

Zone code

B

Property type

Individual retail properties

APN

11-024-0-000-0034

APU

1102400000034

Description

This exceptional retail property, located at 520 Salem Street in Lexington, North Carolina, presents a fantastic opportunity for a discerning business owner. Situated on a highly visible corner lot, this building benefits from an extremely high traffic count, ensuring maximum exposure for your enterprise. The property's previous uses have included a coffee shop, laundromat, and dry cleaners, demonstrating its versatility and adaptability to a wide range of retail businesses. While the exact square footage is not currently specified, the building offers a substantial amount of space suitable for various commercial applications. Its strategic location within a thriving business district, surrounded by numerous other established businesses, guarantees a strong customer base and significant foot traffic. The asking price of $395,000 represents an excellent investment opportunity in a prime Lexington location. The property is situated on a lot measuring zero acres, indicating a compact and efficient footprint ideal for retail operations. This property is ready for immediate occupancy and offers a unique chance to establish or expand your business in a high-demand area. Serious inquiries are encouraged to explore this exceptional retail space further. Contact us today to schedule a viewing and discuss the possibilities.

Location Insight

City

Lexington

County

Davidson

State

North Carolina

Longitude

-80.2537

Latitude

35.8337

CBSA code

49180

CBSA name

WINSTON-SALEM, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments