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$1,750,000
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Property Description
Expansive 11,184 sq ft office building located in downtown Burlington, NC. This well-maintained two-story property offers an ideal layout for a variety of professional or corporate uses. The first floor features a welcoming lobby, 8 private offices, a conference room, and a kitchen/break area-perfect for client-facing operations. Upstairs, you'll find 7 additional offices, another conference room, and a second kitchen/break space, offering flexibility for growing teams or multi-department setups. With ample space, a central location, and thoughtful interior design, . Don't miss this opportunity to own a premium commercial building in a thriving downtown district. Current occupant in place.
Full Property Details
Full Property Details for 508 S Lexington Ave
General
- Price: $1,750,000
- Status: Active
- Type: Office
- Source: Triad_MLS
- MLS ID: 1181082
- Updated: 5/19/2025
- Added to Site: 243 day(s) ago
Business
- Business Type: Professional/Office
Location
- County: Alamance
- Driving Directions: From Hwy 70 (S Church St), turn on Maple Ave. After 6 blocks, turn right on Lexington. Building is on the left. Property is on the corner of Maple and Lexington.
- City Limits: Yes
Utilities
- Sewer: Public Sewer
Structural Information
- Year Built: 1980
Lot Features
- Lot Features: City Lot, Corner Lot
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Owner Sale
Listed by Kelly Wirt Realty Group
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Schools
Schools serving 508 S Lexington Ave
School District:Alamance-Burlington Schools
| Name | Grades | Distance |
|---|---|---|
Grove Park Elementary 141 Trail One, Burlington, NC 27215 | PK-5 | 1.5 mi |
Turrentine Middle 1710 Edgewood Avenue, Burlington, NC 27215 | 6-8 | 1.5 mi |
Walter M Williams High 1307 South Church Street, Burlington, NC 27215 | 9-12 | 0.9 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 508 S Lexington Ave
Date
Details
Price
Change
Source
5/19/2025
Listed
$1,750,000
218.18%
MLS
6/28/2022
Sold
$550,000
—
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 508 S Lexington Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,867
5%
$985,308
—
2024
$4,621
9%
$985,308
—
2023
$4,257
-19%
$985,308
12%
2021
$5,230
—
$879,951
—
2022
$5,230
—
$879,951
—
2020
$5,230
-53%
$879,951
—
2019
$11,125
7%
$879,951
—
2018
$10,421
1%
$879,951
—
2017
$10,360
-7%
$879,951
-8%
2016
$11,122
101%
$958,812
—
2015
$5,533
9%
$958,812
—
2014
$5,082
-2%
$958,812
—
2013
$5,177
—
$958,812
—
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 508 S Lexington Ave
508 S Lexington Avenue, Burlington, NC 27215 (MLS# 1181082) is a Office property with 0 bedrooms and 0 full bathrooms. 508 S Lexington Avenue is currently listed for $1,750,000 and was received on May 19, 2025. Want to learn more about 508 S Lexington Avenue? Do you have questions about finding other Office real estate for sale in Burlington? You can browse all Burlington real estate or contact a Coldwell Banker agent to request more information.

