Christy Newell

902 NW West Avenue Lenoir, NC 28645

$675,000

Active

Commercial building on corner lot in downtown Lenoir where lots of improvements & new ventures are popping up! Current owners are local artists & end users of the building. Multiple options for usage for cash flow/investment. First floor consists of 2392 sq ft of retail space with great window displays, open gallery, high ceilings with original 1920's tin-tiles & terrazine floors. First floor also contains office/studio space, storage, a kitchenette & half bath. Unfinished basement (301 sq ft). Side entrance access allows you to venture upstairs into the living quarters, offering an amazing opportunity for additional income or live-in situation. The second floor is comprised of 3 bedrooms, 2 full bathrooms, half bath, laundry room, spacious living room with tons of natural light, gas fireplace, gorgeous kitchen with reclaimed wood counters & dining area. Tons of character throughout! Third floor is a 294 sq ft sun room which leads you onto the rooftop deck! Lovely views of the city & mountains beyond. Possibility of renting main floor retail space to one or multiple tenants depending on upfitting design. Opportunities are endless in regards to living quarters above as well!

Listing Brokerage Name

Keller Williams High Country

Presented By

Christy Newell

(704) 805-1056


General


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Lenoir

Nestled in the foothills of the Blue Ridge Mountains, sits the quiet mountain town of Lenoir, North Carolina, known for its vibrant economy and furniture production. 

 

 

Real Estate in Lenoir

Lenoir, NC has a relatively low cost of living compared to the US average, with the median home price around $93,700. Despite the modest cost of living, home values in Lenoir are starting to steadily increase; in fact, home prices have appreciated 12.3% over the last year. 

 

 

Lifestyle and Attractions

Furniture production put Lenoir, NC on the map decades ago, and still today remains one of the top drivers of tourism today. Each year, thousands flock to the town in search of brand name furniture like Bernhardt, Broyhill, Fairfield Chair, Hammary, Kincaid, and Thomasville at steep discounts. Furniture lovers are delighted to discover over 20 miles of furniture stores between Lenoir and Hickory, NC. 

 

Outside of hunting for a bargain, residents and tourists can be found enjoying the summer months and taking in the town’s many events— from the Blackberry Festival to bluegrass jams, there’s no shortage of culture in Lenoir, NC.

 

 

Nearby Schools and Higher Education 

Lenoir County Public Schools provide educational opportunities to over 8,700 k-12 students. LCPS offers a wide range of special programs and focuses on preparing students to enter the workforce after graduation or transition to an institution of higher education. 

 

Lenoir, NC is close to 94 colleges in a 100 mile radius, affording opportunities for students with every interest and budget. Lenoir Rhyne University is very popular with Lenoir residents, as is Appalachian State University. For students eager to go a little farther from home, East Tennessee State University and Milligan College are about an hour from Lenoir. 

 

 

History

The town of Lenoir, NC was founded in 1851 by German Migrants. Soon after the town’s establishment, the town’s first furniture factory was built, providing jobs and a bustling economy. Today, Lenoir and Hickory, NC are known as the furniture capital of the world— employing thousands and providing furniture to over 30 different countries.


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Presented By

Christy Newell

(704) 805-1056

Data last updated: 07/01/22 3:26 PM.
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