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1214 Pee Dee Ave 2,170 SF Retail Building Albemarle, NC 28001 $149,900 ($69.08/SF)

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EXECUTIVE SUMMARY

Excellent opportunity in the growing City Of Albemarle! This building has been used in the past as commercial on the mail level as well as a residential quadplex. The City is currently in the process of reviewing architectural plans for a quadplex. The zoning has been changed from GHB to RO to allow for more options in the future. High traffic area. An extra lot is available to purchase as well that is adjacent to the building. It is 2/3 of an acre zoned GHB and can be purchased for $99900 or a deal can be made on the properties together.

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Conditions
1031 Exchange
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
2,170 SF
Building Class
C
Year Built
1940
Price
$149,900
Price Per SF
$69.08
Tenancy
Single
Building Height
2 Stories
Building FAR
0.15
Lot Size
0.33 AC
Zoning
RO - RO is the new zoning that was approved. Residential Office opens the property up to many different possibilities.
Frontage
100’ on Pee Dee Ave

NEARBY MAJOR RETAILERS

7 Brew Coffee
Applebee's
Cook Out
Starbucks
Food Lion
Rent-A-Center
East Coast Wings + Grill
Little Tokyo
Zaxby's
Woodforest National Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
6548-02-85-0469
Land Assessment
$33,000
Improvements Assessment
$50,220
Total Assessment
$83,220
  • Listing ID: 35396920

  • Date on Market: 4/7/2025

  • Last Updated:

  • Address: 1214 Pee Dee Ave, Albemarle, NC 28001

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