404 N Elm St - Churches FOR SALE


Marshville, NC 28103
$749,000 USD
704-283-8181
404 N Elm St, Marshville, NC for Sale
$749,000 USD
Churches - FOR SALE
1/18
null | Request Cap Rate

404 N Elm St
Marshville, NC 28103


HIGHLIGHTS

  • Flexible zoning allows for various commercial uses
  • Does not have historic designation, making it a blank slate for your development
  • Just 40 minutes from Charlotte, significant growth is happening in this area
  • Tin ceilings
  • Tons of natural light from stained glass windows
  • Open plan with exposed brick walls

OVERVIEW

**404 North Elm Street - Historical Commercial Opportunity in Growing Marshville** Over 12,200 Square Feet of Prime Commercial Space Discover this exceptional three-story commercial property steeped in local history and positioned perfectly for explosive regional growth. This site has served the Marshville community for over a century - the very first church structure was built on this parcel in the late 1800s, and the current historic building was constructed in 1927. This landmark property now offers modern commercial potential with flexible zoning to accommodate your business vision. Key Features: • 12,200+ square feet across three stories • Commercial kitchen in basement - perfect for restaurants, catering, or food service operations • Flexible zoning allows for various commercial uses • 50+ parking spaces with recent expansion following spring 2025 demolition of water-damaged auxiliary building • Outdoor covered area ideal for events and gatherings • Rich historical significance - home to Marshville's first church (late 1800s) with the current structure dating to 1924 Prime Location & Explosive Growth Potential: • 40 minutes from Charlotte - perfect for businesses serving both markets • One turn from Highway 74 with approximately 20,000 vehicles daily - exceptional visibility and accessibility Unprecedented Regional Growth: • Marshville: Growing at 1.48% annually with population increasing 7.87% since last census (current population: 2,459) • Union County: Added 6,934 new residents in 2024 alone (2.7% growth) - now at 263,386 people • North Carolina: Ranks among top 10 fastest-growing states nationally with 1.51% annual growth • Thousands of new homes planned for Wingate • Hundreds of new homes coming to Marshville with additional residential projects proposed This property combines historical charm with modern commercial potential in one of North Carolina's fastest-growing corridors. The recent demolition has enhanced the property's appeal by creating additional parking and outdoor space, while the commercial kitchen and flexible zoning open doors to numerous business opportunities. Perfect for: Restaurants, event venues, retail operations, professional services, mixed-use developments, or any business looking to capitalize on the area's remarkable growth trajectory.

FOR SALE DETAILS

PRICE

$749,000 USD

PRICE/SF

$35 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Churches

ADD'L SUBTYPES

Schools

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1927

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.48 AC

LAND SF

64,469 SF

ZONING

CIV

APN/PARCEL ID

02-309-056-A,02-309-057

ASK ABOUT THIS PROPERTY

Jessica PerryWalt Perry Realty IncMore Info
704-283-8181

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Jessica PerryWalt Perry Realty IncMore Info
704-283-8181

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