Property Details
111/11 Water Street
Statesville
$591,000
MLS Number: 4432443
Status: Active
Description
This commercial/retail property is located at 111/113 East Water Street within the city limits of Statesville, North Carolina, inside the revitalized and growing central business district. Downtown Statesville, positioned in the Piedmont area of the state, sits approximately one hour north of Charlotte and forty-five minutes southwest of Winston-Salem. On a regional scale, the property is situated within the Charlotte-Concord-Gastonia Metropolitan Statistical Area, while the City of Statesville establishes the boundaries of the immediate local market area. Statesville is also the county seat of Iredell County, the second fastest growing county in the State of North Carolina in the past year. This multi-tenant building is situated on a 0.17-acre parcel identified by parcel number 4734-96-9561.000. It features 4,925 square feet of main level retail space along with a 2,410 square foot basement. The building is divided into two distinct operating units. The unit at 113 East Water Street is occupied by a martial arts studio and encompasses 3,115 square feet of main level retail space and 1,950 square feet of basement space. The unit at 111 East Water Street operates as a salon and includes 1,810 square feet of main level retail space and 460 square feet of basement space. The immediate downtown area surrounds the property with a highly walkable historic commercial center filled with independent shops, restaurants, and civic amenities. Retail options include local specialty shops like the Branded Peach Boutique and Bee and Barrel, alongside long-standing anchors like First Flight Bicycles. The neighborhood dining scene features established gathering spots such as the 220 Cafe, Lake Mountain Coffee, Twisted Oak American Bar and Grill, and the Bristol Cafe and Catering. Cultural attractions and community gatherings are anchored by nearby landmarks like the Historic Sharpe House, while the designated downtown social district permits pedestrian-friendly shopping and regular seasonal entertainment like the annual Statesville Pumpkin Fest. The Iredell County median household income is $81,419 rising 4.71% in the last year. This contrasts with a 2025 state median household income increase of 3.55% to $72,388 and a national median increase of 2.80% to $80,734. Labor market conditions remain favorable for commercial activity, as the regional metropolitan statistical area reports a low unemployment rate of 3.30%. A more detailed prospectus describing this property is attached to the Multiple Listing Service (MLS) post and can be obtained by contacting the listing brokers or any individual that subscribes to the Canopy MLS (NC and SC).
Location |
|
|---|---|
| Address | 111/11 Water Street Statesville |
| County | Iredell |
Overview |
|
| Bedrooms | 0 |
| Full Bathrooms | 0 |
| Half Bathrooms | 0 |
| Lot Size | 0.17 acres |
| Year Built | 1950 |
General |
|
| List Price | $591,000 |
| MLS Number | 4432443 |
| Status | Active |
| Office | Kendall Real Estate |
Schools |
|
| Elementary | |
| Middle | |
| High | |
Features |
|
| Type | Retail |
| Parking | Parking Space(s) |
| Water/Sewer | City |
| Floor Coverings | Carpet, Concrete, Vinyl |
Listings courtesy of Canopy MLS as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 11/12/26 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.