Investing
in Downtown Albemarle
The following commercial properties are currently available for purchase (for rentals, please click here) in historic downtown Albemarle, North Carolina.
| Old Wine & Roses Building |
| 160 W. Main Street |
Contact information:
John C Hunter / Real Estate Consultant
President, Hunter Homes Realty, Inc.
704-244-1246 Mobile
www.golaketillery.com |
| No set asking price |
Description:
Wonderful business opportunity in a great location. Three story brick building with approximately 2,800 sq. ft. on ground floor. Third floor has a private outside entrance with potential for varied uses. Great opportunity for a mixed use project. Building has a great history and a promising future. Originally built as a bank, the vault remains intact on the first floor; building retains much of its original interior qualities and high ceilings. First floor is beautifully decorated and ready for a new owner. Zoned CBD, with city water and sewer connections. First floor has A/C and electric heat. Current owner ready to semi-retire and get back to the farm. |
Options:
This property will qualify for 10% Federal tax credits for rehabilitation expenses. |
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| Old Efird Dept. Store Building |
| 145 W. Main Street |
Contact information:
Nancy Martin |
| No set asking price |
Description:
Well detailed front façade with some minor structural
issues at the upper part. The building has 2 first floor retail
spaces and front and rear mezzanines. The upper floor is open
across the entire building. There are good windows on the
front and rear facades. |
Options:
This building would lend itself well to 2 large or 4 small
apartments on the upper floor.
Some structural work will be required on the walls and refinishing
of the water damage to these walls. An assessment of the existing
stairs and exits would also have to be done, and some new
work may be required in these areas. As with all of these
buildings, new mechanical, electrical and plumbing will be
required as well as some fire protection systems, to convert
these spaces into residential units. |
| Heart of Albemarle Motel |
| 300 South First street |
Contact information:
Rita Mullis
Don Davis Sun Realty
910-439-4944 |
| List price $1,200,000 |
Options:
Click here for more information |
Renting
in Downtown Albemarle
The following commercial properties are currently available for rent in historic downtown Albemarle, North Carolina.
| Office Space |
| Address unlisted |
Contact information:
Conrad Carter
704-983-2302 |
| Rental price $500/month, utilities not included |
Description:
This 800+ square foot space has 3 rooms, a
private bath, and a kitchen area. It is perfect for starting
your professional office or your small retail store. |
| Retail Space |
| 160 W. Main Street |
Contact information:
704-986-6210 |
| Rental price $1400/month |
Description:
Approximately 2500 sf of retail space in prime location; Ready to rent |
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| If you have a property in the Downtown area that you are selling, or if you would like more information about a property currently listed here, please contact Vicki Coggins, Executive Director of the Albemarle Downtown Development Corporation, at
704-984-9415. |
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