53 2nd N Ave Taylorsville, NC 28681-2564
This exceptional 2.39-acre commercial property in Taylorsville, NC, presents a rare opportunity to acquire a piece of history. The centerpiece is a stunning three-story building, originally constructed in 1905 as a roller mill. This architectural landmark is listed on the National Register of Historic Places, boasting unique character and charm. Its substantial size offers significant potential for a variety of commercial uses, from creative studios to boutique retail spaces. The property also includes a separate block building, providing ample additional space. This versatile structure could serve as storage, or be repurposed to suit a range of commercial needs, such as a brewery, workshop, or garage. The combination of the historic mill and the adaptable block building creates a unique and flexible space. The property's location in Taylorsville offers excellent accessibility and visibility, making it an attractive investment for entrepreneurs and businesses seeking a distinctive and memorable location. The asking price is $425,000. This is a truly exceptional opportunity to own a landmark property with significant potential for future development and growth. The property's historical significance and versatile space make it an ideal investment for those seeking a unique and profitable venture. Don't miss this chance to own a piece of Taylorsville's rich history.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B-1 · Taylorsville, NCTaylorsville. Always verify with local authorities before improvements.
No recorded transactions found for this property.
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.