Map of Property

805-859 N. Center Street

For Sale

805 N. Center Street, Statesville, NC 28677

This Statesville property for sale is located at 805 N. Center Street. The current listed sale price for 805-859 N. Center Street is $2,800,000. 805-859 N. Center Street is situated on a lot that is 3.29 acre in size.

Contacts

broker
Nick Gonzalez

Linville Team Partners

Property Details

  • Property Type Retail - Regional Mall
  • Property Size 39,517 SF
  • Lot Size 3.29 Acre
  • Year Built 1962
  • Date Updated Jul 17, 2025
Nestled in the heart of Statesville, this prime location is surrounded by a bustling retail landscape and vibrant community. The area enjoys close proximity to notable attractions such as the Signal Hill Mall, offering a wealth of shopping and dining options for local and visiting patrons. With a strong emphasis on retail, the surrounding neighborhoods boast a diverse mix of businesses and commercial establishments, making it an ideal location for a regional mall investment. The property benefits from its strategic placement near major roadways, ensuring accessibility and visibility. Statesville's dynamic retail environment and vibrant community make the location a compelling choice for a retail or regional mall investor seeking to capitalize on a thriving market.Dollar Tree-anchored shopping center located in Statesville, NC on busy 14,000 VPD road. Minutes to I-40 and 40 miles to Charlotte, NC. This center provides stable income with significant upside potential. 7.32% Cap Rate on actuals with ±37% upside in further stabilization. Many recent capital improvements (over $200,000 in 2024 alone) include recent roof repairs/replacement, facade and parking reseal/restripe. Dollar Tree lease through 8/30/2026. Minimal nearby competition make this a great balance between stable in-place NOI and value add.
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Highlights

  • Built in 1962
  • Located in the Statesville area
  • Proforma NOI: $288,455
  • With a 39,517 SF building
  • Zoned B-2

Getting around

  • 33/100

    Walk Score ®

  • 34/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Statesville, NC
  • Neighborhood Magnolia Glen
  • Zip Code 28677
  • Market Charlotte

Points of Interest

  • BP

    1.57 miles

  • Ingles

    1.57 miles

  • Kangaroo Express

    1.65 miles

  • 7-Eleven

    1.90 miles

  • Citgo

    2.27 miles

  • Shell

    2.32 miles

  • Mobil

    2.60 miles

  • Exxon

    2.65 miles

  • General Parking

    4.02 miles

  • RV & Tour Bus

    4.02 miles

  • Volunteer/Sponsor

    4.04 miles

  • Handicap

    4.17 miles

  • Broad St Burger Co

    1.10 miles

  • Olde Towne Concessions

    1.10 miles

  • Little Pigs Barbecue

    1.42 miles

  • Chopstix Thai

    1.43 miles

  • Carolina Bar-B-Q

    1.43 miles

  • Pizza Hut

    1.50 miles

  • Chili's

    1.68 miles

  • IHOP

    1.72 miles

  • Wendy's

    1.73 miles

  • Zaxby's

    1.74 miles

  • Food Lion

    1.45 miles

  • Ingles

    1.65 miles

  • ALDI

    1.81 miles

  • Publix

    1.97 miles

  • Walmart Supercenter

    2.06 miles

  • Signal Hill Mall

    2.45 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Nick Gonzalez

Linville Team Partners

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