About 101 Nw Market Place
Approximately an 8% CASH ON CASH return, plus extra 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. 1.64 ac. & .64 ac. outparcels, NOT INCLUDED IN THIS OFFERING, available for $199,000 and $75,000 respectively. 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.
Features of 101 Nw Market Place
| MLS® # | 264176 |
|---|---|
| Price | $3,500,000 |
| Acres | 10.10 |
| Year Built | 1989 |
| Type | Commercial Sale |
| Sub-Type | Building/Land |
| Status | Active |
Community Information
| Address | 101 Nw Market Place |
|---|---|
| Area | 26-Outside of Area |
| Subdivision | None |
| City | North Wilkesboro |
| County | Wilkes |
| Province | NC |
| Postal Code | 28659 |
Amenities
| Parking | Parking Space(s) |
|---|---|
| Garages | Parking Space(s) |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Electric |
|---|---|
| Cooling | Central Air, Electric, Heat Pump |
| Fireplace | No |
| Has Basement | No |
Exterior
| Exterior | Brick, Block, Masonry |
|---|---|
| Exterior Features | None |
| Roof | Built-Up |
| Construction | Brick, Block, Masonry |
School Information
| Elementary | Mulberry |
|---|---|
| High | North Wilkes |
Additional Information
| Date Listed | September 7th, 2026 |
|---|---|
| Days on Market | 3 |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Finley Properties II, llc |
|---|