Oldest brick store building in downtown Albemarle with exciting mixed-use possibilities—just 1 hour east of Charlotte! The stately two-story brick building at 115 W. South Street was built in 1891 and opened with great fanfare in 1892 as the first brick business building in Albemarle. It is now considered the oldest commercial building in town. The adjacent building at 117 W. South Street started out as a one-story garage and eventually grew to its current 3-story height.
Known locally as the Morrow Brothers & Heath Building, both buildings are being offered for one price and have excellent potential for an exciting mixed-use project. The buildings will require complete rehabilitation including repair of the roof leak, and cosmetic and system updates. The buildings are in a local historic district and municipal service district in the Uwharrie Lakes Region, near Morrow Mountain State Park. The City of Albemarle participates in the Main Street program and offers matching grants to assist in building improvements. We are currently exploring National Register designation which would make the buildings eligible for historic tax credits.
Do you have a Downtown building for sale or rent? The ADDC office can promote your property and connect you with interested parties. Contact us today to get started!
Beautiful corner location in downtown Albemarle. On street parking just steps from the door and a public parking lot less than 300′ from corner. Expansive tin ceilings lead to the charm on this great retail space. Large glass windows to feature your offerings. Owner will assist in conversion of space.
- Listed rate may not include certain utilities, building services and property expenses
- Highly Desirable End Cap Space
- Space is in Excellent Condition
- Private Restrooms
- Corner Space
- High Ceilings
- Corner of W Main and N 2nd Street
Huge Commercial building located in the heart of Downtown Albemarle. This property has endless possibilities with all the current growth and development. This property is known as the Paramount building.
Albemarle Downtown Development Corporation (ADDC) is a North Carolina Main Street Community, designated by the NC Department of Commerce and Main Street & Rural Planning Center. ADDC is charged with administering the program at the local level and building a public-private partnership to spur economic development in partnership with the state agency.