Property Details
381-39 Crimson Laurel Way
Bakersville
$800,000
MLS Number: 4394713
Status: Active
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.
Location |
|
|---|---|
| Address | 381-39 Crimson Laurel Way Bakersville |
| County | Mitchell |
Overview |
|
| Bedrooms | 0 |
| Full Bathrooms | 0 |
| Half Bathrooms | 0 |
| Lot Size | 1.85 acres |
| Year Built | 1995 |
General |
|
| List Price | $800,000 |
| MLS Number | 4394713 |
| Status | Active |
| Office | NAI Beverly-Hanks |
Schools |
|
| Elementary | |
| Middle | |
| High | |
Features |
|
| Type | Free Standing Store |
| Parking | Parking Lot, Parking Space(s) |
| Water/Sewer | City |
Listings courtesy of Canopy MLS as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 07/09/26 4:34 am EST.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. School assignments should be verified and are subject to change. Properties may or may not be listed by the office/agent presenting the information. Properties reported may be listed or sold by various participants in the MLS. Copyright© 2020 Canopy Multiple Listing Services, Inc. All rights reserved.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to [email protected].
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.