Lease to Own
1434 E Main Street Albemarle, NC
$ 1,400,000
Property Attributes
  • ID#3653176
  • TypeCommercial
  • CountySTANLY
  • CityAlbemarle
  • AreaStanly County
  • Zip28001
  • StyleCommercial
  • Price$ 1,400,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size2.3 Acres
Listing Provided Courtesy Of:
NorthGroup Real Estate, Inc.
Data Source:
Canopy MLS
Property Description

Smart investment: Class C strip mall, 62,000 square feet, with 12 lane bowling alley, less than 2 miles from a new graduate level college campus, within one mile of a new 88 unit multi-family build, approval for 45 townhouses directly behind, surrounded by dense res and apts, and the strip mall is on the "main street. There is tens of millions of dollars of investment that has been made within 1 mile. The area has scored hundreds of jobs with manufacturers (not just start ups, but 100+ year old companies that pay 140% or more of current wages) and tens of millions of dollars of investment. The publically maintained street just got repaved. This is the time to strike.

Price History
9/17/2020 Listed $1,400,000

General Features

Accessibility 2 or More Access Exits, Entry Slope less than 1 foot, Exterior Curb Cuts, Hall Width 36 Inches or More, Handicap Parking, Mobility Friendly Flooring, No Interior Steps, Vehicle Transfer Area, Other
Car Hoasubjectto None
City Albemarle
Construction Materials Block, Concrete
Construction Type Site Built
Cooling Other
County Stanly
Days on Market 371
Elevation 1000
Flooring Concrete, See Remarks
Heating Other
New Construction No
Possible Use Commercial, Industry, Multi-Family, Other
Property SubType Commercial
Property Type Commercial Sale
Restrictions N/A
Roof See Remarks
Secondary Sub-Type Business
Standard Status Active
Street Name Main
Structure Type Retail Center
TaxAssessedValue 502301
Utilities Other
Waterfront Features None
Year Built 1960
Zoning Description GHBD

Interior Features

Sprinkler Other
Street Suffix Street
Total Stories 3

Exterior Features

Foundation Details Basement, Basement Fully Finished, Basement Garage Door, Basement Inside Entrance, Basement Outside Entrance, Block, Slab, Slab
Inclusions Building, Equipment, Fixtures, Land, Other
Lot Size Area 2.3
Number of Buildings 1
Other Parking Large Parking Lot
Road Frontage Type City Street
Road Responsibility Public Maintained Road


  • 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 28001

AVG $380K
AVG 112
Year Built
AVG 1960
AVG 46
Data Provided by Walkscore ® not using MLS data

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