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.
- Heating System:
- Heat Pump
- Cooling System:
- Heat Pump
- Basement:
- Other
- Parking:
- Parking Lot
- Sewer:
- Public Sewer
- Utilities:
- Underground Utilities, Electricity Connected
- Country:
- US
- State:
- NC
- County:
- Wilkes
- City:
- North Wilkesboro
- Zipcode:
- 28659
- Street:
- Sparta
- Street Number:
- 250
- Street Suffix:
- Road
- Longitude:
- W82° 50' 50.3''
- Latitude:
- N36° 12' 4.5''
- Directions:
- Northwest Market Place Shopping Center in North Wilkesboro, NC- corner of Hwy. 18 North and Mountain View/Traphill Road.
- Zoning:
- HB
- Office Name:
- Finley Properties II, LLC
- Agent Name:
- Barry Bush
- TaxAnnualAmount:
- $0
- TaxAssessedValue:
- $0
- AssociationFee:
- $0
- Construction Materials:
- Brick Partial, Block
- Foundation Details:
- Slab
- Lot Features:
- Level, Corner Lot
- Water Source:
- City
- List Agent Mls Id:
- R60253
- List Office Mls Id:
- R08286
- Listing Term:
- Cash
- Mls Status:
- Active
- Modification Timestamp:
- 2026-09-11T18:41:05Z
- Originating System Name:
- Canopy
- Special Listing Conditions:
- None
- Status Change Timestamp:
- 2026-09-10T16:16:57Z
Commercial Sale For Sale
250 Sparta Road, North Wilkesboro, North Carolina 28659
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Listing ID :
- 4423374
- Price :
- $3,500,000
- Year Built :
- 1989
- Status :
- Active
- Property Sub Type :
- Retail Center
- Roof:
- Flat

