203 Lexington AveHigh Point, NC 27262

Property Details for 203 Lexington Ave

Year built

1986

Lot size

0.79 AC

Property size (Sq ft)

4,000 SF

Zone code

GB

Property type

Other commercial real estate

APN

189217

APU

189217

Description

This exceptional investment opportunity encompasses three buildings totaling 10,270 square feet situated on a 0.79-acre lot in High Point, North Carolina. The property, located at 203 E Lexington Ave, is zoned GB (General Business District) and boasts 100% occupancy. Building 1, at 203 E. Lexington Ave, comprises 2,520 square feet and houses three tenants: a restaurant, barber shop, and salon. Building 2, located at 205 E Lexington Ave, offers 4,000 square feet and is occupied by a church and High Point Medical Center. Building 3, situated at 1313 Hamilton Place, features 3,750 square feet with a church, event center, and contractor as tenants. The strategic corner location at E Lexington Ave and N Hamilton St provides excellent visibility and accessibility. The property benefits from its proximity to downtown High Point, High Point Hospital, and is a half-mile from High Point University. All buildings feature 12-foot clear ceiling heights. The asking price for this fully leased, high-return investment is $1,200,000. Contact us today for additional information and financial details.

• Alternative Use

  Use

  Valuation

  Residential

  $502,311

  Hospitality

  $460,114

  Educational

  $382,810

  Medical

  $395,975

  Retail

  $595,482

Location Insight

City

High Point

County

Guilford

State

North Carolina

Latitude

35.9733

Longitude

-80.0152

CBSA code

24660

CBSA name

GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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