UNDER-CONTRACT: 126 Depot Street S , Albemarle, NC, Albemarle NC

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Downtown Albemarle is experencing historic redevelopment, with apartment space, retail, brewery, bars, restaurants and home to Pfeiffer's new Health Science Center. Own Albemarle's first skyscraper. Built for Albemarle Grocery Co., in 1919, and later sold to Tucker Grocery. Rail trail behind building, public park to North and one block from farmers market. Possibilities are endless with this historic building. Owner has detailed plans with commercial space, 4 apartments & concept plan with retail, event space, 3 apartments. Local historic district, exterior restrictions. Land is leased from RR, currently $1800/yr. Roof approximently 7 years old. Warehouse ceiling slopes, 14' to 9'. Main building ceiling heights, basment 7'7", 1st- 13'7", 2nd-8'6", 3rd 8'2". Sq/ft 1848/ floor in main building. Warehouse sq/ft 2965 & basement 1557. Total 11914. New gutters on back of brick building.

Price: $200,000

Status: Active Under Contract

Address: 126 Depot Street S , Albemarle, NC

County: Stanly

Bedrooms:    Baths: /

Property Type: Commercial Sale Commercial

ConstructionT: Site Built

Foundation: Basement, Basement Inside Entrance, Basement Outside Entrance, Brick/Mortar, Pier & Beam

Lot Size: 0.0000 Acres

Lot Features:

Zoning Desc.: CBD

Flooring: Wood

Heating: None

Year Built: 1919

Roof: Flat, Rubber

Schools

SpecialListingConditions: None

Table: Listing - Commercial

Canopy MLS Info

MLS#: CAR3829629

Listing Data Date: 2022-04-28 19:17:04.241

Photos Changed: 2022-02-17 22:08:04

Pending: 2022-04-25 04:00:00

Status Change: 2022-04-28 19:16:49

Broker: Larry McGuire Realty

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