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$290,000

  • Sold
  • Closed
  • Retail
  • 4,302 Sq. Ft.
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Prime opportunity with 50+ CAR PARKING and 4,300+ sq. ft. of space with commercial kitchen! The current active restaurant business is not for sale. Higher traffic Lexington, NC location! Think café, bistro, quick-serve concept, specialty eatery, commercial kitchen use & MORE! Situated on a main thoroughfare with excellent signage exposure and strong residential & commuter traffic! Ample parking and flexible seating make this a special opportunity for restaurateurs or investors seeking an established location with immediate revenue potential. Building may be in need of some maintenance items/repairs and some flat roof leaks noted. Selling AS-IS. Don't miss this opportunity to own and operate in one of Lexington's commercial corridors!

Full Property Details for 518 Southbound St

General

  • Sold For: $290,000
  • Status: Closed
  • Type: Retail
  • Source: Triad_MLS
  • MLS ID: 1207717
  • Added to Site: 116 day(s) ago

Business

  • Business Type: Retail

Location

  • County: Davidson
  • Driving Directions: From I-85 in Lexington, NC, take Exit 91. Turn right onto Cotton Grove Rd. Bare left onto

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Square Feet: 4,302
  • Year Built: 1953

Financial Considerations

  • Terms: Cash, Conventional

Disclosures and Reports

  • Special Conditions: Owner Sale

Listed by John Christian Luxury Real Estate
Sold by Cloud Realty LLC

Listing agents

— 518 Southbound St —

  • John Christian Luxury Real Estate

  • John Christian Luxury Real Estate

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 518 Southbound St

School District:Lexington City Schools
NameGradesDistance
Southwest Elementary School, Lexington, NC
434 Central Avenue, Lexington, NC 27292
1-50.9 mi
South Lexington School
1000 Cotton Grove Road, Lexington, NC 27292
PK-K1.8 mi
Lexington Middle School
100 West Hemstead Street, Lexington, NC 27292
6-81.4 mi
Lexington Senior High School
26 Penry Street, Lexington, NC 27292
9-121.1 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 518 Southbound St

Date
Details
Price
Change
Source
5/01/2026
Sold
$290,000
-3.01%
MLS
1/30/2026
Listed
$299,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by John Christian Luxury Real Estate
Sold by Cloud Realty LLC

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518 Southbound Street, Lexington, NC 27292 (MLS# 1207717) is a Retail property that was sold at $290,000 on May 01, 2026. Want to learn more about 518 Southbound Street? Do you have questions about finding other Retail real estate for sale in Lexington? You can browse all Lexington real estate or contact a Coldwell Banker agent to request more information.