Properties

Property Description

Value-Add Commercial Investment Opportunity in Bakersville. Excellent opportunity to acquire a multi-building commercial property on approximately 1.85 acres in Bakersville, offering existing income, substantial usable space, and long-term value-add potential. The property includes two buildings with ample parking, newer roofing on both structures, and the potential for subdivision, creating flexibility for an investor, owner-user, or developer. The primary building is occupied by Dollar General, a nationally recognized tenant currently operating under a 2-year lease with a 5-year renewal option. This provides immediate cash flow and the stability of an established retail tenant while allowing a new owner to explore additional upside throughout the property. Beneath the Dollar General space is a large two-bay warehouse totaling approximately 7,425 square feet. The warehouse features two oversized barn doors measuring approximately 15 feet wide by 10 feet high, making the space well-suited for storage, distribution, contractor use, light industrial operations, workshop space, or other commercial uses. Activating or leasing this underutilized warehouse area presents a clear opportunity to create additional income and improve the overall performance of the asset. The second building is approximately 1,475 square feet and was originally constructed for restaurant use. It is currently configured as office space and is unoccupied, offering immediate potential for an owner-user or a new tenant. The building also includes a full-size unfinished basement, providing additional storage or future improvement potential. With income already in place from the Dollar General lease, significant warehouse square footage available for additional use or leasing, and a separate vacant building ready for repositioning, this property offers multiple paths to value creation. The 1.85-acre site, ample parking, and potential subdivision further enhance the flexibility of the offering. A rare Bakersville commercial opportunity combining national-tenant cash flow, value-add upside, and adaptable space for a wide range of commercial uses.

Features
Heating System:
Heat Pump, Electric, Ductless
Cooling System:
Central Air, Ductless, Heat Pump
Basement:
Full, Exterior Entry, Unfinished, Basement Garage Door
Parking:
Parking Lot, Parking Space(s)
Address Map
Country:
US
State:
NC
County:
Mitchell
City:
Bakersville
Zipcode:
28705
Street:
Crimson Laurel
Street Number:
381-395
Street Suffix:
Way
Longitude:
W83° 50' 38.8''
Latitude:
N36° 0' 39.3''
MLS Addon
Office Name:
NAI Beverly-Hanks
Agent Name:
Ian Moorrees
TaxAnnualAmount:
$0
TaxAssessedValue:
$0
AssociationFee:
$0
Additional Information
Accessibility Features:
Handicap Parking
Foundation Details:
Basement
Possible Use:
Commercial
Stories:
2
Water Source:
City
Listing Information
List Agent Mls Id:
CARR16226
List Office Mls Id:
CARNCM100510
Listing Term:
Cash,Conventional
Mls Status:
Active
Modification Timestamp:
2026-06-25T18:32:06Z
Originating System Name:
Canopy
Special Listing Conditions:
None
Status Change Timestamp:
2026-06-17T19:36:26Z

Commercial Sale For Sale

381-395 Crimson Laurel Way, Bakersville, North Carolina 28705

$800,000
Listing ID #4394713
Basic Details
Property Type :
Commercial Sale
Listing Type :
For Sale
Listing ID :
4394713
Price :
$800,000
Year Built :
1995
Status :
Active
Property Sub Type :
Free Standing Store
Roof:
Rubber
Agent info
Contact Agent
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