Address
611 Us Highway 158/401, Norlina, NC
Price
$ 315,000
Property Attributes
  • MLS#10008490
  • TypeCommercial
  • CountyWARREN
  • CityNorlina
  • AreaWarren
  • Zip27563
  • StyleBusiness
  • Year Built1955
  • Taxes$ 3944
  • Price$ 315,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size1.56 Acres
Data Source:
Triangle MLS (TMLS)
Property Description

Former IGA Supermarket with excellent exposure and high visibility along US-158/US-401. The paved corner lot offers access from US-158/US-401 on the South and Division Street on the East, with the potential for 40+ parking spaces. Prime location with high traffic count situated less than a mile from Warren Corners Shopping Center, restaurants, fuel and major retailers: Food Lion, AutoZone, Dollar General, ABC Store and future Dollar Tree. This 16,000+/- square foot building is primarily open and includes partitioned office spaces, restrooms, break room, storage areas, walk-in coolers, mechanical rooms and 4 loading docks. Public water, sewer, telephone and 3-phase electric onsite. Strategically located to major transportation arteries with easy access to US-1 (1/2 mile), I-85 (4 miles), I-95 (< 35 miles). Zoned C-IV (Neighborhood Commercial Business District), this classification promotes small to medium scale commercial development/business uses compatible with the surrounding neighborhoods. Excellent opportunity to establish a new business, expand on an existing business or for an investment build-out.

Price History
1/28/2024 Listed $375,000
3/15/2024 16% - $315,000

General Features

Sewer Public Sewer
Utilities Electricity Connected,Sewer Connected,Water Connected
Zoning C-IV
Year Built 1955
Stories 1
Property SubType Business
Building Name Former IGA Supermarket
County Warren
New Construction No
Property Type Commercial Sale
HOA / Comm Assn No
Attached Garage No
Garage Y/N No
Status Active
Directions From RTP take I-85 North,exit 220 turn left on US-1 North/US-158 East,right on US-158 East/US-401 South,property one-half mile on the left. From Richmond VA take I-95 South to I-85 South,exit 223 to
ModificationTimestamp 2024-04-08T00:47:10.000Z
City Norlina
Buyer Agent Compensation 2.40
View Y/N No
Senior Community Y/N No
Lot Size Square Feet 67953.6
Waterfront Y/N No
Carport Y/N No
Street Name Us Highway 158/401
Property Attached Y/N No
Tax Annual Amount 3944.02
Lease Considered Y/N No
Days on Market 84
Building Area Units Square Feet
Standard Status Active
Buyer Agent Compensation Type %

Interior Features

Air Conditioning Y/N No
Heating Y/N No
Fireplace Y/N No
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Living Area Units Square Feet

Exterior Features

Water Source Public
Lot Size Area 1.56
Spa No
Building Area Total 16898
Lot Dimensions Varies
Lot Size Acres 1.56
Road Surface Type Paved
Lot Size Units Acres
Road Frontage Type Highway,2 Lane Road,Public Road
Open Parking Y/N No
Horse Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 27563

Price
AVG $210K
$320K
Taxes
AVG $34,938
$3,944
Visits
AVG 101
64
Data Provided by Inside Real Estate®
Year Built
AVG 1954
1955