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$389,000
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Property Description
Seller will consider owner financing with 20% down 7% interest for 15-20 years. Excellent commercial location with modern and comfortable living quarters above. Being sold as-is. Tons of storage! Previously used as a real estate office, potential uses: medical office space, hair salon, massage therapy office space, retail, paint your own pottery, daycare, laundry service, rental, gift shop, and more. The apartment has 2 bedrooms and 2 full bathrooms. The lower level has 5+ offices, 2 large closets, and comfortable covered and open decking. Just 1.7 miles from Beach at Lake Lure and 2.1 miles from Ingles Grocery store. Large and nice, come take a look!
Full Property Details
Full Property Details for 1840 Memorial Hwy
General
- Sold For: $389,000
- Status: Closed
- Type: Commercial
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4166857
- Added to Site: 535 day(s) ago
Parking
- Parking Features: Parking Lot
Location
- County: Rutherford
- Driving Directions: Directions: From the beach at Lake Lure, travel East on HWY 64/74 Alternate toward Rutherfordton. Go 1.7 miles, and the property is on your left just after Fisher Court.
- City Limits: Yes
Heating & Cooling
- Cooling Type: Ceiling Fan(s), Central Air, Electric, Heat Pump
- Heating Type: Central, Electric, Heat Pump
Utilities
- Water: City, Public
- Utility Description: Electricity Connected
Structural Information
- Construction: Site Built
- Basement: Yes
- Basement Desc.: Apartment, Daylight, Exterior Entry, Interior Entry, Partially Finished, Storage Space, Walk-Out Access, Walk-Up Access
- Roof: Composition
- Minimum Avail: 3,000 Sq. Ft.
- Year Built: 1950
Lot Features
- Street/Road Desc.: Paved
- Elevation (Approx.): 1000
- Lot Features: Cleared, Corner Lot, Hilly, Paved, Sloped, Wooded, Other - See Remarks
- Rcmdd Zoning: CG
Disclosures and Reports
- Restrictions: Other - See Remarks
- Inclusions: Building, Land
- Property ID: 1645032
- Lot Number: 891/576
Listed by Carolina Properties
Sold by Dwell Realty Group
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Schools
Schools serving 1840 Memorial Hwy
School District:Rutherford County Schools
| Name | Grades | Distance |
|---|---|---|
Pinnacle Elementary School 1204 Painters Gap Road, Rutherfordton, NC 28139 | PK-5 | 11.4 mi |
R-S Middle School 607 Westbrook Drive, Rutherfordton, NC 28139 | 6-8 | 13.5 mi |
R-S Central High School 641 U.S. 221, Rutherfordton, NC 28139 | 9-12 | 13.6 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 1840 Memorial Hwy
Date
Details
Price
Change
Source
1/08/2025
Sold
$389,000
-18.11%
MLS
9/03/2024
Price Reduced
$475,000
-9.52%
MLS
8/02/2024
Listed
$525,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1840 Memorial Highway, Lake Lure, NC 28746 (MLS# 4166857) is a Commercial property that was sold at $389,000 on January 08, 2025. Want to learn more about 1840 Memorial Highway? Do you have questions about finding other Commercial real estate for sale in Lake Lure? You can browse all Lake Lure real estate or contact a Coldwell Banker agent to request more information.

