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611 Us Highway 158/401 Norlina, NC $ 315,000
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$ 315,000 Get more info
611 Us Highway 158/401
$ 315,000
Back to search
Share Save

611 Us Highway 158/401

Norlina, NC, 27563
$ 315,000
Baths0.0

Monthly Estimate*

$ 2,200

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Studio

Commercial Property for sale in Norlina, NC

for $315,000. This building was built in 1955 on a lot size of 1.56.

Former IGA Supermarket with excellent exposure and high visibility along US-158/US-401. The paved corner lot offers access from US-158/US-401 on the South and Division Street on the East, with the potential for 40+ parking spaces. Prime location with high traffic count situated less than a mile from Warren Corners Shopping Center, restaurants, fuel and major retailers: Food Lion, AutoZone, Dollar General, ABC Store and future Dollar Tree. This 16,000+/- square foot building is primarily open and includes partitioned office spaces, restrooms, break room, storage areas, walk-in coolers, mechanical rooms and 4 loading docks. Public water, sewer, telephone and 3-phase electric onsite. Strategically located to major transportation arteries with easy access to US-1 (1/2 mile), I-85 (4 miles), I-95 (< 35 miles). Zoned C-IV (Neighborhood Commercial Business District), this classification promotes small to medium scale commercial development/business uses compatible with the surrounding neighborhoods. Excellent opportunity to establish a new business, expand on an existing business or for an investment build-out.

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Commercial Active

Price

$ 315,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 3,944

Style

Business

Lot Size

1.56

Year Built

1955

Town/City

Norlina

County/Region

Warren

MLS | Web ID

10008490
Features
General
Sewer Public Sewer
Utilities Electricity Connected Sewer Connected Water Connected
Zoning C-IV
Year Built 1955
Stories 1
Property SubType Business
Building Name Former IGA Supermarket
County Warren
New Construction N
Property Type Commercial Sale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Status Active
Directions From RTP take I-85 North exit 220 turn left on US-1 North/US-158 East right on US-158 East/US-401 South property one-half mile on the left. From Richmond VA take I-95 South to I-85 South exit 223 to
City Norlina
Buyer Agent Compensation 2.40
View Y/N N
Senior Community Y/N N
Lot Size Square Feet 67953.6
Waterfront Y/N N
Carport Y/N N
Street Name Us Highway 158/401
Property Attached Y/N N
Tax Annual Amount 3944.02
Lease Considered Y/N N
Days on Market 84
Building Area Units Square Feet
Standard Status Active
Buyer Agent Compensation Type %
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Exterior
Water Source Public
Lot Size Area 1.56
Spa N
Building Area Total 16898
Lot Dimensions Varies
Lot Size Acres 1.56
Road Surface Type Paved
Lot Size Units Acres
Road Frontage Type Highway 2 Lane Road Public Road
Open Parking Y/N N
Horse Y/N N
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Interior
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Living Area Units Square Feet
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* Excluded Features
List By
Andrea Short

Listing Agent

Rochelle Moon Realty

Broker

Affordability Calculator

$2,529
Per Month
87%
13%
0%
Monthly Principal & Interest
$2,200
Monthly Property Taxes
$329
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
343702 Elementary School
343439 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
3/15/2024 $315,000 -16.00% Price Down
1/28/2024 $375,000 Listed Price

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611 Us Highway 158/401, Norlina, NC, 27563 is a Commercial Property for sale at $315,000 with a lot size of 1.56. 611 Us Highway 158/401 is a studio with 0.0 baths and was built in 1955. The property's zip code is 27563 which is in Norlina, NC

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