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$229,900 Sale Pending

  • For Sale
  • Pending
  • Commercial
  • Updated 3 days ago
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Here's your exciting opportunity to own a piece of Lexington's history. The historic Grimes Brothers Mill building is located near the center of downtown Lexington. This 4-story brick structure has many possibilities to bring life back to it. Call to schedule a showing today and bring your creative ideas to add to Lexington's Social District!

Full Property Details for 1 State St

General

  • Price: $229,900
  • Status: Pending
  • Type: Commercial
  • Source: Triad_MLS
  • MLS ID: 1193522
  • Updated: 1/13/2026
  • Added to Site: 137 day(s) ago

Business

  • Business Type: Investment

Parking

  • Total Spaces: 6

Location

  • County: Davidson
  • Driving Directions: From Center St, turn right onto State St. Park in parallel spots on opposite side of street from Grimes Bldg.

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Year Built: 1890

Lot Features

  • Lot Features: Corner Lot

Financial Considerations

  • Terms: Cash

Disclosures and Reports

  • Special Conditions: Owner Sale

Listed by BelleRose Estates

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Listing agent

— 1 State St —

  • BelleRose Estates

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1 State St

School District:Lexington City Schools
NameGradesDistance
South Lexington School
1000 Cotton Grove Road, Lexington, NC 27292
PK-K2 mi
Lexington Middle School
100 West Hemstead Street, Lexington, NC 27292
6-80.8 mi
Lexington Senior High School
26 Penry Street, Lexington, NC 27292
9-120.6 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 1 State St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/01/2025
Listed
$229,900
1432.67%
MLS
4/19/2016
Sold
$15,000
—
Public Record
Get Price Alerts and Save Property
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 for 1 State St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,004
—
$66,910
—
2024
$1,004
-1%
$66,910
—
2023
$1,010
—
$66,910
—
2022
$1,010
1%
$66,910
—
2021
$1,004
11%
$66,910
12%
2019
$906
—
$60,000
—
2018
$906
—
$60,000
—
2017
$906
—
$60,000
—
2016
$906
3%
$60,000
—
2015
$876
5%
$60,000
5%
2014
$837
—
$57,340
—
2013
$837
—
$57,340
—
View All
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 for 1 State St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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Listed by BelleRose Estates

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1 State Street, Lexington, NC 27292 (MLS# 1193522) is a Commercial property with 0 bedrooms and 0 full bathrooms. 1 State Street is currently listed for $229,900 and was received on September 01, 2025. Want to learn more about 1 State Street? Do you have questions about finding other Commercial real estate for sale in Lexington? You can browse all Lexington real estate or contact a Coldwell Banker agent to request more information.

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