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$325,000 -$50,000 (-13.33%) Price Reduced

  • For Sale
  • Active
  • Business
  • 2,818 Sq. Ft.
  • 0.04 Acres
  • Updated 3 days ago
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Two-story brick building in downtown Siler City Central Business District. 2,611 heated and cooled sq. ft. with basement storage area accessible from the back of the building. Currently leased month-to-month and is used as a hair salon and yoga studio. Siler City is poised for growth with the new Wolfspeed Silicon Carbide Wafer plant, multiple buildings already renovated in the downtown district as apartments only or mixed use commercial and apartment space. Listing agent must accompany buyer's agent for all showings. Proof of funds for showings required.

Full Property Details for 118 S Chatham Ave

General

  • Price: $325,000
  • Taxes: $849
  • Status: Active
  • Type: Business
  • Source: 2218
  • MLS ID: 10107217
  • Updated: 1/14/2026
  • Added to Site: 211 day(s) ago

Rental Information

  • Lease/Rent Term: Month To Month

Location

  • County: Chatham
  • Driving Directions: From Hwy 64 travelling West or East, turn onto E. Raleigh St where Johnson's Burgers is. Travel down E. Raleigh St into downtown Siler City. Turn left onto S. Chatham Ave. 118 S. Chatham Ave will be on your right. Parallel park on S. Chatham Ave.
  • City Limits: Yes

Heating & Cooling

  • Air Conditioning: Yes

Structural Information

  • # Buildings: 1
  • Exterior Const.: Brick
  • Stories/Levels: 2
  • Building Size: 2818
  • Square Feet: 2,818
  • Year Built: 1948
  • Other Struct. Feat.: High Speed Internet

Lot Features

  • Lot Size (Acres): 0.04
  • Lot Size (Sq. Ft.): 1,742.4
  • Lot Dimensions: 6533

Financial Considerations

  • Price Per Acre: $8,125,000
  • Tax Amount: $849.57

Disclosures and Reports

  • Special Conditions: Real Estate Owned, Standard
  • Bank-owned: Yes

Listed by Allen Tate/Burlington, Christina Fisher (919) 656-9933 and Allen Tate/Apex-Center Street, AnnMarie Janni (919) 389-9782

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Listing agents

— 118 S Chatham Ave —

  • Christina Fisher

    Allen Tate/Burlington

  • AnnMarie Janni

    Allen Tate/Apex-Center Street

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 118 S Chatham Ave

School District:Chatham County Schools
NameGradesDistance
Siler City Elementary
671 Ellington Road, Siler City, NC 27344
PK-51.7 mi
Chatham Middle
2025 South 2nd Avenue, Siler City, NC 27344
6-81.4 mi
Jordan Matthews High
910 East Cardinal Street, Siler City, NC 27344
9-120.7 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 118 S Chatham Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/14/2026
Price Reduced
$325,000
-13.33%
MLS
6/21/2025
Listed
$375,000
—
MLS
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 118 S Chatham Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,198
41%
$105,091
56%
2024
$850
3%
$67,160
—
2023
$823
2%
$67,160
—
2021
$809
—
$67,160
—
2022
$809
—
$67,160
29%
2021
$809
36%
$52,100
—
2017
$593
-6%
$52,100
-8%
2016
$634
1%
$56,922
9%
2019
$630
—
$52,100
-8%
2014
$627
3%
$56,922
—
2013
$610
—
$56,922
—
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 118 S Chatham Ave

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

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Allen Tate/Burlington, Christina Fisher (919) 656-9933 and Allen Tate/Apex-Center Street, AnnMarie Janni (919) 389-9782

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118 S Chatham Avenue, Siler City, NC 27344 (MLS# 10107217) is a Business property. 118 S Chatham Avenue is currently listed for $325,000 and was received on June 21, 2025. Want to learn more about 118 S Chatham Avenue? Do you have questions about finding other Business real estate for sale in Siler City? You can browse all Siler City real estate or contact a Coldwell Banker agent to request more information.

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