250 Sparta Road, North Wilkesboro, NC 28659 (MLS # 4423374)

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PRICE $3,500,000 dsIDX morgage calculator
SIZE n/a
LOT SIZE 10.10 ac
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Approximately an 8% CASH ON CASH return, plus extra land land to build more tenant space. Long established (37 years) 100% occupied 43,504 sq. ft. shopping center. Tenants are IGA Grocery Store, Spectrum, Walgreen's & Dollar Tree. Value add component of vacant land that would accommodate approximately 20,000 - 30,000 sq. ft. of additional retail buildings and parking. Parking lot milled as needed, repaved, sealed and striped in 2025. Exterior repainted in 2025. Roofs in excellent shape. Please do not conspicuously visit the interior of any tenant spaces without making prior arrangements with the listing agent. There are 2 outparcels that ARE NOT included in this offering. 1 is 1.64 acres available for $199,000, 1 is .64 acres available for $75,000. Prospective buyer's need to be prequalified/vetted. A serious/qualified buyer will need at least approximately $1,000,000 in cash to put into a purchase, or have a track record of similar or larger investments.

YEAR BUILT 1989 COUNTY Wilkes
STATUS Active PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
AIR Heat Pump
AIR CONDITIONING Yes
BASEMENT Other
CONSTRUCTION Block
HEAT Heat Pump
LOT 10.1 acre(s)
LOT DESCRIPTION Corner Lot, Level
LOT DIMENSIONS 10.1
MLS STATUS Active
PARKING Parking Lot
SEWER Public Sewer
UTILITIES Electricity Connected, Underground Utilities
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with Finley Properties II, LLC
Date last updated: 10/13/26 10:14 PM PDT

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