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1807-1813 N Main St
High Point, NC 27262
Fully Leased Investment Offering · Retail Property For Sale

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INVESTMENT HIGHLIGHTS

  • Tenants: Magnolia Blue, The Brewer’s Kettle, Freeman Kennett Architects.
  • Upside Potential with adjacent multi-family lot available for sale.
  • 1.57+/- acres located adjacent to this property is also available for sale. Could be used for additional parking and development.
  • High Traffic Counts

EXECUTIVE SUMMARY

Fully Leased Investment Property – 1813 & 1807 N Main Street | High Point, NC
4.66% CAP Rate | 13,150 RSF | On-Site Parking | 26,000+ VPD | Adjacent Multifamily Development Opportunity
Positioned along one of High Point’s busiest commercial corridors, 1813 & 1807 N Main Street offer a rare chance to acquire a fully leased, income-producing investment property with exceptional visibility and long-term stability. Featuring 13,150 rentable square feet, on-site parking, and over 26,000 vehicles per day, this asset provides unparalleled exposure for tenants and reliable performance for investors.
The buildings are 100% occupied with a strong, diversified tenant mix that includes:
Magnolia Blue – Fine dining
The Brewer’s Kettle – established craft beer and wine bar
Freeman Kennett Architects – long-standing architectural firm
These tenants contribute to predictable income and strong occupancy, producing a 4.66% CAP rate in a corridor with historically low vacancy and high demand.
Adding exceptional upside, an adjacent 1.57-acre lot zoned multifamily (MF) is also available for sale. This creates a unique dual offering—stable investment income paired with the potential for new multifamily development, townhomes, or mixed-use expansion in a growing residential district.
Property Highlights:
13,150 RSF fully leased multi-tenant buildings
4.66% CAP rate with long-term stability
Over 26,000 vehicles per day (VPD) on North Main Street
On-site parking for tenants and visitors
Premier Main Street frontage and signage exposure
Established tenant roster: Magnolia Blue, The Brewer’s Kettle, Freeman Kennett Architects
Dense surrounding neighborhoods and strong retail synergy
Adjacent 1.57-acre MF-zoned lot available—ideal development opportunity
Ideal for 1031 buyers, long-term investors, and mixed-use developers
Combining stabilized income, Main Street prominence, strong demographics, and future development potential, 1813 & 1807 N Main Street stand out as one of High Point’s most attractive investment opportunities.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
13,150 SF
Building Class
B
Year Built
1960
Price
$6,205,185 CAD
Price Per SF
$471.88 CAD
Cap Rate
4.66%
NOI
$289,162 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.34
Lot Size
0.88 AC
Zoning
MS - Commercial Main Street
Parking
53 Spaces

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0188782
Land Assessment
$1,057,226 CAD
Improvements Assessment
$2,060,673 CAD
Total Assessment
$3,117,899 CAD
  • Listing ID: 32357279

  • Date on Market: 2024-07-05

  • Last Updated:

  • Address: 1807-1813 N Main St, High Point, NC 27262

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