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Executive Summary

Kassin Sabbagh Realty is pleased to present 241 Vance Street, a commercial property located in Forest City, North Carolina. Positioned along a well-traveled corridor, the property benefits from convenient access to downtown Forest City and the surrounding Rutherford County market. The asset is situated within a growing commercial area that serves both local residents and regional visitors, offering strong visibility and accessibility. Surrounded by a mix of retail, service-oriented businesses, and residential neighborhoods, the property is well-positioned for a variety of commercial uses. Its strategic location and accessibility make it an attractive opportunity for investors, owner-users, or redevelopment in one of Western North Carolina’s established commercial corridors.241 Vance Street presents a compelling opportunity for investors, owner-users, and developers seeking a well located commercial asset with flexible use potential. Whether maintained as an income-producing property, repositioned for a new commercial concept, or redeveloped to maximize site value, the property offers significant upside within one of Western North Carolina’s established and evolving commercial corridors. Its combination of visibility, accessibility, and strategic location makes it a standout opportunity in the Forest City market.

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Property Facts

Price $10,500,000
Price / SF $59.81 / SF
Cap Rate 7.40%
Sale Type Investment
Status Active
Number of Properties 9
Individually For Sale 0
Total Building Size 175,542 SF
Total Land Area 219.87 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
Building 8
241 Vance St, Forest City, NC 28043
Industrial 50,100 SF 1999 -
Building 6
241 Vance St, Forest City, NC 28043
Industrial 30,000 SF 1989 -
Building 7
241 Vance St, Forest City, NC 28043
Industrial 30,000 SF 1997 -
Building 3
241 Vance St, Forest City, NC 28043
Industrial 20,200 SF 1989 -
Building 9
241 Vance St, Forest City, NC 28043
Industrial 20,000 SF 1999 -
Building 1
241 Vance St, Forest City, NC 28043
Industrial 10,000 SF 1999 -
Building 2
241 Vance St, Forest City, NC 28043
Industrial 6,000 SF 1974 -
Building 5
241 Vance St, Forest City, NC 28043
Industrial 4,242 SF 1988 -
Building 4
241 Vance St, Forest City, NC 28043
Office 5,000 SF 1985 -
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  • Listing ID: 41047723

  • Date on Market: 6/24/2026

  • Last Updated:

  • Address: Vance ST Portfolio, Forest City, NC

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