Land with 7 Buildings

The property is 3 blocks from the center of Lexington at the junction of Fairview Drive which is another heavily traveled (+-17000 Average Annual Daily Traffic) main road from I-85 and High Rock Lake into the city.Introducing a prestigious 7.05-acre mixed-use development land in Uptown Lexington, NC. Possible division of 7 acre tract, catering to various development needs. There are 7 unregistered historic structures built as residential homes on 1.28-acre parcel on East Center St. excluding left and right block corners. These structures are vacant, in need of extensive repairs and renovations with possible Lexington grant funds for rehabilitation. Main structure facing Center Street of 4,952 SF is ideal for corporate office and great value with development of remaining acres. The 1.28+- parcel can provide a corner wrap in two directions to stop lights at North Church St and Cherry St./Fairview Dr. The property is somewhat elevated above East Center St and Fairview Dr on the highest point in the city. There is an existing signage on property at East Center St. Traffic light at Cherry Street/Fairview Drive and East Center Street of 308 Block. Traffic light at Church Street and East Center Street of 308 Block. Property is surrounded by bustling businesses, office centers, and with high traffic flow from I-85 and High Rock Lake. Lexington is world famous for its barbecue and hosts the largest city festival in America. Major industries include PPG, Kimberly-Clark, Lexington Furniture, Leggett and Platt, the International Furniture Market and their numerous supporting firms. In 2020, Lexington was selected to receive $25 million through the BUILD grant program to build a passenger rail station, scheduled to be completed no later than October 2027. In March 2023, Siemens Mobility announced that it chose Lexington as their new home to a new $220+ million advanced manufacturing and rail services facility. The East Coast facility will create more than 500 new jobs to become one of the City's largest employers and the largest taxpayer in the City's history.