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250 Sparta RD North Wilkesboro, NC 28659
10.1 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail Center
Listing Status Active
Purchase Type For Sale
MLS Listing ID 4423374
Year Built 1989
Lot Size 10.100 Acres
Acres 10.1
Property Sub-Type Retail Center
Property Description
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.
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.
Location
State NC
County Wilkes
Zoning HB
Rooms
Basement Other
Interior
Heating Heat Pump
Cooling Heat Pump
Inclusions Building, Land
Exterior
Utilities Available Electricity Connected, Underground Utilities
Roof Type Flat
Street Surface Paved
Building
Lot Description Corner Lot, Level
Dwelling Type Site Built
Foundation Slab
Sewer Public Sewer
Water City
Structure Type Block,Brick Partial
New Construction false
Others
Senior Community false
Restrictions Use,Other - See Remarks
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None
© 2026 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Listed by Barry Bush • Finley Properties II, LLC • bbush@wiscodiversified.com