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$1,999,000 -$251,000 (-11.16%) Price Reduced
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Property Description
Fully Leased + Opportunity Zone Investment! Prime investment opportunity in the heart of Albemarle! This 6,894 SF commercial building is fully leased with a long-term tenant in place, providing immediate and stable cash flow. Situated on 2.87 acres, the property offers ample parking, excellent visibility, and convenient access to major highways. This property is located within a federally designated Qualified Opportunity Zone (QOZ), making it an especially attractive option for investors seeking potential federal tax incentives while capitalizing on Albemarle's growth. Turnkey and income-producing, 702 Henson Street is ideal for buyers looking to expand their portfolio with a property that delivers both consistent returns and future upside. Please contact the listing broker for financial details and showing arrangements. Do not disturb the tenant.
Full Property Details
Full Property Details for 702 Henson St
General
- Price: $1,999,000
- Status: Active
- Type: Commercial
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4242755
- Updated: 2/18/2026
- Added to Site: 302 day(s) ago
Parking
- Parking Features: Parking Lot, Parking Space(s)
Location
- County: Stanly
- Driving Directions: PLEASE USE GPS FOR ACCURACY Take Exit 11 for I-485 Outer toward NC-24/NC-27. Merge onto I-485 Outer and continue for ~8 miles. Take Exit 41 for NC-24/NC-27 East (Albemarle Rd). Continue on NC-24/NC-27 E for approximately 36 miles. As you enter Albemarle, stay on E Main St / NC-24/27 Business. Turn left onto NC-740 N / 2nd Street. Turn right onto Henson Street. Property 702 Henson St will be on your left.
- City Limits: Yes
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Heat Pump
Utilities
- Sewer: Public Sewer
- Water: City
- Utility Description: Electricity Connected
Structural Information
- Construction: Site Built
- Exterior Const.: Stone Veneer
- Basement Desc.: Other
- Ceiling Height: 9
- Minimum Avail: 6,894 Sq. Ft.
- Year Built: 1998
Lot Features
- Street/Road Desc.: Concrete
- Lot Features: Level, Wooded
- Rcmdd Zoning: HID
- Fencing (Description): Back Yard
Financial Considerations
- Special Assmt Amt.: none
- Terms: Cash, Conventional
Disclosures and Reports
- Restrictions: No Representation, N/A
- Inclusions: Building
- Property ID: 6558-03-01-6156
- Lot Number: 1733/819
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Schools
Schools serving 702 Henson St
School District:Stanly County Schools
| Name | Grades | Distance |
|---|---|---|
East Albemarle Elementary School 1813 East Main Street, Albemarle, NC 28001 | K-5 | 0.7 mi |
Albemarle Middle School 1811 Badin Road, Albemarle, NC 28001 | 6-8 | 0.9 mi |
Albemarle High School 311 Park Ridge Road, Albemarle, NC 28001 | 9-12 | 2.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 702 Henson St
Date
Details
Price
Change
Source
2/18/2026
Price Reduced
$1,999,000
-11.16%
MLS
10/22/2025
Price Reduced
$2,250,000
-10%
MLS
4/24/2025
Listed
$2,500,000
235.57%
MLS
3/04/2021
Sold
$745,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 702 Henson St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,157
14%
$906,918
24%
2024
$8,915
—
$730,761
—
2023
$8,915
—
$730,761
—
2022
$8,915
16%
$730,761
16%
2021
$7,694
4%
$630,671
12%
2020
$7,408
—
$565,508
—
2019
$7,408
1%
$565,508
—
2018
$7,334
3%
$565,508
—
2017
$7,125
-2%
$565,508
-2%
2016
$7,272
1%
$577,169
—
2015
$7,200
-1%
$577,169
—
2014
$7,272
2%
$577,169
—
2013
$7,099
—
$577,169
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 702 Henson St
702 Henson Street, Albemarle, NC 28001 (MLS# 4242755) is a Commercial property. 702 Henson Street is currently listed for $1,999,000 and was received on April 24, 2025. Want to learn more about 702 Henson Street? Do you have questions about finding other Commercial real estate for sale in Albemarle? You can browse all Albemarle real estate or contact a Coldwell Banker agent to request more information.

