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$ 650,000
Est. payment | /mo
0.47 Acres Lot
$ 650,000
Est. payment | /mo
0.47 Acres Lot
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 4395268
Year Built 1954
Lot Size 0.470 Acres
Acres 0.47
Property Sub-Type Retail
Property Description
Commercial retail investment opportunity on NC Highway 8 in Lexington. Property is currently occupied by a grocery store tenant with reported rent of $5,500/month on a 10-year triple net lease with 3% annual increases. Freestanding retail building with road frontage and convenient access. Conventional and owner financing options may be considered; short-term financing available. Sale includes real estate only unless otherwise agreed in writing. Buyer to verify lease terms, zoning, permitted uses, utilities, square footage, acreage, taxes, and all information deemed important.
Location
State NC
County Davidson
Zoning HC
Rooms
Basement Exterior Entry, Partial
Interior
Inclusions Building, Land
Exterior
Roof Type Concrete Deck,Metal
Street Surface Paved
Building
Dwelling Type Site Built
Sewer Septic Installed
New Construction false
Others
Senior Community false
Acceptable Financing Cash, Conventional, Owner Financing
Listing Terms Cash, Conventional, Owner Financing
Special Listing Condition None
© 2026 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Listed by Khalid Nafisah • ERA Live Moore • kencoinc04@yahoo.com
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