For Sale
$329,900

1240 Fairview DrLexington, NC 27292

1900 sq ft, .6 acre corner lot, multiple uses

Overview

Added:
Dec 11, 2024
Days on market:
115
This versatile 1,900 square foot commercial property, located at 1240 Fairview Drive in Lexington, NC 27292, presents a significant investment opportunity. Situated on a desirable 0.6-acre corner lot, this property offers exceptional access from both Fairview Drive and Cody Street, providing high visibility and convenient access. Built in 1949, the building currently features a substantial 27 x 27 foot workshop, complete with wiring, plumbing, workspace, an office, and a bathroom. Zoned Commercial B, this property boasts immense potential for a variety of uses, including but not limited to: auto shop, restaurant, storefront, office space (insurance, medical, real estate), car lot, or even redevelopment for a new franchise or retail building. Its prime location offers easy access to I-85 and is in close proximity to major retailers such as Walmart, Lowe's, and Walgreens, as well as banks and other restaurants. The property's proximity to High Rock Lake and downtown Lexington further enhances its appeal. The asking price is $329,900, translating to $173.63 per square foot. This is a rare opportunity to acquire a well-located commercial property with significant upside potential.

Property Details for 1240 Fairview Dr

Property type
Retail properties, Restaurants
Square Feet
1,900 SF
Year Built
1949
Lot Size (sq. ft)
26,136 SF

Location Insight

City
Lexington
County
Davidson
State
North Carolina
Latitude
35.787121714203
Longitude
-80.259965601297
1240 Fairview Dr, Lexington, North Carolina

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1240 Fairview Dr
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