See all 11 photos
11 photos
$500,000
$650,000 23.1%
Est. payment /mo
0.47 Acres Lot
UPDATED:
Key Details
Sold Price $500,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 4395268
Sold Date 08/10/26
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
Exterior
Roof Type Concrete Deck,Metal
Street Surface Paved
Building
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
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© 2026 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Listed by Khalid Nafisah • ERA Live Moore • kencoinc04@yahoo.com
Bought with Khalid Nafisah • ERA Live Moore
Bought with Khalid Nafisah • ERA Live Moore
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