308 E Centerview St - Office FOR SALE


China Grove, NC 28023
$3,700,000 USD
980-580-7566
308 E Centerview St, China Grove, NC for Sale
$3,700,000 USD
Office - FOR SALE
1/31
null | Request Cap Rate

308 E Centerview St
China Grove, NC 28023


HIGHLIGHTS

  • Former Rowan Medical facility, that can be subdivided into separate practices.
  • Zoned OI, supporting a wide range of office uses.
  • Ample on-site parking with 3.83/1,000 SF ratio.
  • Positioned in a growing Rowan County submarket.
  • Ideal for investors or owner-users seeking flexibility.

OVERVIEW

Positioned in the heart of China Grove, North Carolina, 308 E Centerview St presents a compelling opportunity for investors or owner-users seeking a well-maintained, single-story medical or office facility. Originally constructed in 1996 and formerly home to Rowan Medical, this 19,576-square-foot Class B building sits on a generous 3.89-acre parcel, offering both scale and flexibility in a suburban setting. The property’s layout is conducive to subdivision, making it ideal for multi-tenant conversion or continued single-tenant use. With a parking ratio of 3.83 spaces per 1,000 square feet, it easily accommodates high-traffic medical or professional office operations. Zoned OI (Office Institutional), the site supports a wide range of professional, medical, and administrative uses. Strategically located just off US-29 and minutes from I-85, the site offers excellent regional connectivity to Charlotte, Concord, and Salisbury. The surrounding area is a mix of residential neighborhoods and commercial corridors, providing a built-in client and employee base. A Walk Score of 53 indicates moderate walkability, with nearby amenities accessible by foot or short drive. Whether repositioned for multi-tenant occupancy or retained for a single user, this asset offers strong fundamentals, flexible use potential, and a location poised for continued growth in Rowan County. The seller may consider some owner financing as in secondary lien.

FOR SALE DETAILS

PRICE

$3,700,000 USD

PRICE/SF

$189 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

75

LAND DETAILS

LAND ACRES

3.89 AC

LAND SF

169,448 SF

ZONING

OI

APN/PARCEL ID

103-002

ASK ABOUT THIS PROPERTY

Richard RoskindLease EvaluationsMore Info
980-580-7566

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Richard RoskindLease EvaluationsMore Info
980-580-7566

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.