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$500,000
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Property Description
Commercial retail investment opportunity on NC Highway 8 in Lexington. Property is currently occupied by a grocery store tenant with reported rent of $5,500/month on a 10-year triple net lease with 3% annual increases. Freestanding retail building with road frontage and convenient access. Conventional and owner financing options may be considered; short-term financing available. Sale includes real estate only unless otherwise agreed in writing. Buyer to verify lease terms, zoning, permitted uses, utilities, square footage, acreage, taxes, and all information deemed important.
Full Property Details
Full Property Details for 3574 Nc Hwy 8 Hwy
General
- Sold For: $500,000
- Status: Closed
- Type: Commercial
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4395268
- Added to Site: 56 day(s) ago
Location
- County: Davidson
- Driving Directions: Use GPS. From Lexington, take NC Highway 8 / Cotton Grove Road south toward Southmont. Property is located at 3574 NC-8 / NC Highway 8.
Utilities
- Sewer: Septic Installed
Structural Information
- Construction: Site Built
- Basement: Yes
- Basement Desc.: Exterior Entry, Partial
- Roof: Concrete Deck, Metal
- Minimum Avail: 8,400 Sq. Ft.
- Year Built: 1954
Lot Features
- Street/Road Desc.: Paved
- Rcmdd Zoning: HC
Financial Considerations
- Terms: Cash, Conventional, Owner Financing
Disclosures and Reports
- Inclusions: Building, Land
- Property ID: 06-008-0-000-0013-A-0-0
- Lot Number: 2713-1538
Listed and Sold by ERA Live Moore
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Schools
Schools serving 3574 Nc Hwy 8 Hwy
School District:Davidson County Schools
| Name | Grades | Distance |
|---|---|---|
Southwood Elementary, Lexington, NC 5850 North Carolina 8, Lexington, NC 27292 | K-5 | 2.2 mi |
Central Davidson Middle 2591 North Carolina 47, Lexington, NC 27292 | 6-8 | 2.7 mi |
Central Davidson High 2747 North Carolina 47, Lexington, NC 27292 | 9-12 | 2.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3574 Nc Hwy 8 Hwy
Date
Details
Price
Change
Source
8/10/2026
Sold
$500,000
-23.08%
MLS
6/18/2026
Listed
$650,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
3574 Nc Hwy 8 Highway, Lexington, NC 27292 (MLS# 4395268) is a Commercial property that was sold at $500,000 on August 10, 2026. Want to learn more about 3574 Nc Hwy 8 Highway? 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.

