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$375,000 Just Listed
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Property Description
Income potential meets flexibility at this well-positioned commercial property in the heart of Newton. Located along N Rankin Avenue, this versatile building offers an excellent opportunity for investors or business owners looking for space with existing tenants already in place. The property is partially leased with two tenants occupying the left side of the building, providing immediate income, while the remaining space is ready for an owner-user or additional tenants. This setup creates a rare opportunity to offset ownership costs while operating your own business on-site. Inside, the building features a functional mix of offices, shop/workspace areas, and multiple rooms, allowing for a wide range of commercial uses including contractors, service businesses, professional offices, light industrial, or flex space operations. The layout lends itself well to multi-tenant occupancy or a single expanding business. The spacious lot provides ample parking and outdoor space, ideal for equipment, service vehicles, or customer access. With convenient access to Hickory, Conover, and surrounding commercial corridors, this location places your business in the center of the growing Catawba County market. Opportunities like this-income-producing commercial space with room to grow-are increasingly hard to find.
Full Property Details
Full Property Details for 1904 N Rankin Ave
General
- Price: $375,000
- Status: Active
- Type: Commercial
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4355173
- Updated: Today (3/9/2026)
- Added to Site: Today
Interior
- Flooring: Concrete
Parking
- Parking Features: Parking Lot
Location
- County: Catawba
- City Limits: Yes
Heating & Cooling
- Cooling Type: Central Air, Window Unit(s)
- Heating Type: Central, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: City
- Utility Description: Natural Gas
Structural Information
- # Buildings: 1
- Construction: Site Built
- Exterior Const.: Brick Full
- Roof: Flat, Rubber
- Minimum Avail: 5,000 Sq. Ft.
- Year Built: 1950
Lot Features
- Street/Road Desc.: Paved
- Lot Features: Cleared, Level
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Restrictions: No Representation, No Restrictions
- Inclusions: Building, Land
- Property ID: 374118206374
- Plat: 1
- Lot Number: 3426/1542
Listed by RE/MAX A-Team
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Schools
Schools serving 1904 N Rankin Ave
School District:Newton-Conover City Schools
| Name | Grades | Distance |
|---|---|---|
North Newton Elementary 221 West 26th Street, Newton, NC 28658 | K-5 | 0.7 mi |
Newton-Conover Middle 873 Northern Drive Northwest, Conover, NC 28613 | 6-8 | 3.5 mi |
Newton-Conover High 338 West 15th Street, Newton, NC 28658 | 9-12 | 0.6 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 1904 N Rankin Ave
Date
Details
Price
Change
Source
3/09/2026
Listed
$375,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1904 N Rankin Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,054
—
$242,100
—
2023
$2,054
48%
$242,100
95%
2022
$1,387
—
$124,400
—
2021
$1,387
—
$124,400
—
2020
$1,387
—
$124,400
—
2019
$1,387
2%
$124,400
2%
2018
$1,359
—
$121,900
—
2017
$1,359
—
$121,900
—
2015
$1,359
-2%
$121,900
-11%
2013
$1,390
—
$137,600
—
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 1904 N Rankin Ave
1904 N Rankin Avenue, Newton, NC 28658 (MLS# 4355173) is a Commercial property. 1904 N Rankin Avenue is currently listed for $375,000 and was received on March 09, 2026. Want to learn more about 1904 N Rankin Avenue? Do you have questions about finding other Commercial real estate for sale in Newton? You can browse all Newton real estate or contact a Coldwell Banker agent to request more information.

