109 South Main Street   |  109 South Main Street   |   21,304 sf

  • TO LEARN MORE ABOUT THIS PROPERTY, CONTACT:

    Will Blackwell, SIOR at will@LTPcommercial.com

    Beautiful landmark “Belk Building” spanning three levels in uptown Lexington. This ± 21,304sf landmark property was fully renovated in 2003. Rare investment opportunity in Uptown Lexington, with Lexington Home Brands as its anchor tenant. Below market rents with significant income upside potential.

    Address:109 South Main Street
    City:Lexington
    Zip:27292
    Avail sf ± 21,304
    Price$650,000
  • Aerial Map
    Aerial Photo
  • PROPERTY DETAILS

    Property Type Office
    Investment
    Retail
    Avail sf ± 21,304
    sf per Floor ± 7,101
    Building sf ± 21,304
    Year Built ±1930, Renovated 2003
    Floors ±3
    RoofInstalled in 2004
    Bldg ExteriorBrick & Storefront
    Acres ±0.28
    SprinkleredNo

    UTILITIES

    ElectricalYes
    WaterYes
    SewerYes
    AirYes
    HeatYes
    GasNo

    TAX INFORMATION

    ZoningUptown Commercial
    County:Davidson , NC

    PRICING & TERMS

    Price$650,000
    NOI$45,120
    Cap Rate7%
    CommentsBeautiful landmark “Belk Building” spanning three levels in uptown Lexington. This ± 21,304sf landmark property was fully renovated in 2003. Rare investment opportunity in Uptown Lexington, with Lexington Home Brands as its anchor tenant. Below market rents with significant income upside potential.