Retail

Lexington, NC Retail Properties & Spaces for Sale

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Found 6 retail properties for sale in Lexington, NC, averaging $277/sq ft. Use valuation data to compare deals faster.
Two-Bay Auto Shop
Updated: Aug 28
Two-Bay Auto Shop

1526 E Old Us Highway 64, Lexington, NC 27295

$499,000
1,800 sqft 4.97 AC lot
4.97‑acre auto shop property
1,800‑square‑foot brick building
Two‑bay garage with vehicle lifts
Tire machine included
Office space and bathroom inside
View details
Absentee-Owned Gas Station with Property in Lexington, NC
Updated: Jun 4
Absentee-Owned Gas Station with Property in Lexington, NC

Lexington Ave, Lexington, NC 27292

$1,599,000
1 sqft
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Absolute NNN Bank Building
Absolute NNN Bank Building

115 E Center St, Lexington, NC 27292

Contact for pricing
8,310 sqft

Leased bank building on an absolute NNN structure with 11.8 years remaining and 1.9% annual rent escalations.

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See hot listings in Lexington

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Lexington Retail Opportunity For Sale
Lexington Retail Opportunity For Sale

19 Cotton Grove Rd, Lexington, NC 27292

Contact for pricing
2,633 sqft

Former convenience store with high visibility and strong traffic counts.

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Historic Uptown Lexington Landmark Building
Historic Uptown Lexington Landmark Building

120 S Main Street, Lexington, NC 27292

$1,300,000

Iconic three-level building with endless possibilities in Lexington, NC.

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Mixed-Use Property in Lexington, NC
Mixed-Use Property in Lexington, NC

403 W Center Street, Lexington, NC 27292

$365,000

Mixed-use property in Lexington's Historical District, suitable for business or residential.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 6 Active listings in Lexington, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 66 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Two-Unit Brick Storefront Property
Two-Unit Brick Storefront Property

618 N Salisbury Avenue, Spencer, NC 28159

$120,000
1,530 sqft 0.09 AC lot

HB-zoned commercial building with central heating and air conditioning.

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Two-Unit Retail Storefront
Two-Unit Retail Storefront

618 N Salisbury Ave, Spencer, NC 28159

$120,000
1,530 sqft

Two-unit retail building with great visibility and a new TPO roof installed in 2022.

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Retail Building with Parking Lot
Retail Building with Parking Lot

600 Randolph St, Thomasville, NC 27360

$636,000
6,370 sqft

Former Kerr Drug Store offers mostly open retail or office space, with a newly installed roof and parking for 40+ vehicles.

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Open Retail Space
Open Retail Space

111 Salem St, Thomasville, NC 27360

Contact for pricing
12,000 sqft

A painted exterior, new roof, and open interior provide a clear starting point for upfit.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Elevated Commercial Land
Elevated Commercial Land

6101 Old US HWY 52, Lexington, NC 27295

$335,000
1.32 AC lot

Level commercial parcel with on-site electrical and water service, plus broad permitted-use potential.

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Thomasville, NC Land Available
Thomasville, NC Land Available

811 Douglas Drive, Thomasville, NC 27360

$43,000
1.88 AC lot

1.88 acres in town, convenient to amenities and services.

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Land For Sale, Salisbury, NC
Land For Sale, Salisbury, NC

730 W Innes Street, Salisbury, NC 28144

$250,000
3.60 AC lot

3.6 acre commercial land suitable for various businesses.

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Prime Land in Salisbury, NC
Prime Land in Salisbury, NC

1325 Jake Alexander Boulevard W, Salisbury, NC 28144

$100,000
4.71 AC lot

4.71 acres with high traffic frontage, ideal for development.

View details

Off-Market Properties in Lexington, NC

Consider similar Off-Market properties in Lexington, NC. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

690 Nc Hwy 150
RESTAURANT

690 Nc Hwy 150, Lexington, NC 27295-5020

Estimated value:
$80,000
840 sqft 0.26 AC lot
View details
700 Main St
CONVENIENCE STORE

700 Main St, Lexington, NC 27292-3241

Estimated value:
$390,000
1,744 sqft 0.45 AC lot
View details
10555 Nc Hwy 8th 8
RESTAURANT

10555 Nc Hwy 8th 8, Lexington, NC 27292-6891

Estimated value:
$415,000
2,001 sqft 0.42 AC lot
View details
303 Martin Luther King Jr Blvd
CONVENIENCE STORE

303 Martin Luther King Jr Blvd, Lexington, NC 27292-3797

Estimated value:
$370,000
2,270 sqft 0.37 AC lot
View details
905 Talbert Blvd
CONVENIENCE STORE

905 Talbert Blvd, Lexington, NC 27292-3937

Estimated value:
$695,000
3,669 sqft 0.43 AC lot
View details
484 Nc Hwy 150
RETAIL STORES (PERSONAL SERVICES)

484 Nc Hwy 150, Lexington, NC 27295-6531

Estimated value:
$65,000
1,414 sqft 1.14 AC lot
View details
3526 Nc Hwy 8th 8
VEHICLE SALES, RENTALS

3526 Nc Hwy 8th 8, Lexington, NC 27292-6779

Estimated value:
$30,000
300 sqft 1.87 AC lot
View details
430 Main St
RETAIL STORES (PERSONAL SERVICES)

430 Main St, Lexington, NC 27292-3556

Estimated value:
$595,000
14,340 sqft 0.69 AC lot
View details
1526 Us Hwy 64
RETAIL STORES (PERSONAL SERVICES)

1526 Us Hwy 64, Lexington, NC 27292-8044

Estimated value:
$325,000
1,800 sqft 4.97 AC lot
View details
6861 Us Hwy 64
CONVENIENCE STORE

6861 Us Hwy 64, Lexington, NC 27295-6964

Estimated value:
$100,000
2,232 sqft 0.52 AC lot
View details
9893 Old Us Hwy 52
RETAIL STORES (PERSONAL SERVICES)

9893 Old Us Hwy 52, Lexington, NC 27295-5611

Estimated value:
$70,000
2,394 sqft 0.29 AC lot
View details
9891 Old Us Hwy 52
AUTO REPAIR, GARAGE

9891 Old Us Hwy 52, Lexington, NC 27295

Estimated value:
$55,000
3,750 sqft 0.29 AC lot
View details
414 Cid Rd
RETAIL STORES (PERSONAL SERVICES)

414 Cid Rd, Lexington, NC 27292-7308

Estimated value:
$55,000
1,664 sqft 1.41 AC lot
View details
366 Valiant Dr
RESTAURANT

366 Valiant Dr, Lexington, NC 27292-8195

Estimated value:
$375,000
5,976 sqft 1.09 AC lot
View details
106 State St
FINANCIAL BUILDING

106 State St, Lexington, NC 27292-3468

Estimated value:
$1,170,000
5,288 sqft 0.78 AC lot
View details
16 11th St
RETAIL STORES (PERSONAL SERVICES)

16 11th St, Lexington, NC 27295-1708

Estimated value:
$55,000
1,370 sqft 0.15 AC lot
View details
294 Leonard Ave
RETAIL STORES (PERSONAL SERVICES)

294 Leonard Ave, Lexington, NC 27295-5010

Estimated value:
$40,000
1,344 sqft 0.17 AC lot
View details
1429 Cotton Grv Rd
CONVENIENCE STORE

1429 Cotton Grv Rd, Lexington, NC 27292-5244

Estimated value:
$685,000
1,220 sqft 0.68 AC lot
View details

Lexington, NC Retail Properties & Spaces Market Trends and Statistics

Explore 72 retail properties & spaces for sale in Lexington, NC, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 12,744 square feet of properties for sale, with an estimated market value of $3,763,000.

Sale prices for stores in Lexington, NC start at $365,000, averaging $940,750, and reaching up to $1,599,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Auto shops 1
Automotive properties 1
Banks 1
Grocery and convenience stores 1
Storefront properties 1

Demographics Overview

Population 79K
Population Growth (5Y) +0.9%
Median Household Income $59,828
College Educated 11.6%

High-Yield Neighborhoods for Investment

Identify Lexington submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
27295 $499K
27292 $900.8K

Taxes & Financing

Tax Rate (average for all types) 1.03%
Property Tax per SF $20.75 per SF
Tax Rate vs County Average 0.04 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Davidson County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Lexington fall within the 2,500 to 5,000 square foot range.

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