805-859 N. Center Street

805 N. Center Street, Statesville, NC 28677

  • For Sale $2,800,000
  • Property Type Retail - Regional Mall
  • Property Size 39,517 SF
  • Lot Size 3.29 Acre
  • Year Built 1962
  • Date Updated Jul 14, 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

Contacts

broker

Linville Team Partners

Location

Getting Around

  • Walk Score ®

    33/100 Car-Dependent
  • Bike Score ®

    34/100 Somewhat Bikeable
Powered by Walk Score ®
  • 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

Frequently Asked Questions

How much does 805-859 N. Center Street cost?

The space currently listed for sale at 805-859 N. Center Street asks for $2,800,000.

What is the total square footage of 805-859 N. Center Street?

805-859 N. Center Street totals 39,517 square feet.

When was this property built?

805-859 N. Center Street was built in 1962.

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Contact Listing Broker
broker

Linville Team Partners

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