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$195,000 Just Listed
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Property Description
Prime investment opportunity in the historic downtown district of Troy, NC. This well-maintained brick retail building is currently tenant-occupied with an established business in place. Tenant has expressed interest in remaining, offering immediate income potential for a new owner. Property features a classic brick exterior with strong street presence and is located in a high-visibility area surrounded by local businesses, dining, and community activity. Ideal for investors seeking a stabilized asset with potential for long-term appreciation in a growing small-town market. Do not disturb tenant. Showings by appointment only.
Full Property Details
Full Property Details for 323 N Main St
General
- Price: $195,000
- Status: Active
- Type: Retail
- Source: Triad_MLS
- MLS ID: 1212690
- Updated: 3/20/2026
- Added to Site: 2 day(s) ago
Business
- Business Type: Investment, Professional/Office, Retail
Location
- County: Montgomery
- Driving Directions: Leaving the Montgomery County Courthouse at 108 E Main St, Troy, NC 27371. Go North on N Main St for .3 miles and arrive at 323 N Main St, Troy, NC 27371 on the left.
- City Limits: Yes
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Year Built: 1928
Lot Features
- Lot Features: City Lot
Financial Considerations
- Terms: Cash, Conventional
- Pays ReTax: Owner and Tenant
Disclosures and Reports
- Special Conditions: Owner Sale
Listed by Price Realtors-Randleman
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Schools
Schools serving 323 N Main St
School District:Montgomery County Schools
| Name | Grades | Distance |
|---|---|---|
Troy Elementary 310 North Russell Street, Troy, NC 27371 | PK-2 | 0.2 mi |
Page Street Elementary 897 Page Street, Troy, NC 27371 | 3-5 | 1.2 mi |
West Middle 129 NC Hwy 109S, Mount Gilead, NC 27306 | 6-8 | 4.1 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 323 N Main St
Date
Details
Price
Change
Source
3/20/2026
Listed
$195,000
85.71%
MLS
5/12/2023
Sold
$105,000
—
Public Record
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 323 N Main St
Year
Property Taxes
Change
Tax Assessment
Change
2022
$600
—
$97,604
—
2021
$600
-1%
$97,604
-8%
2013
$604
—
$105,900
—
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 323 N Main St
323 N Main Street, Troy, NC 27371 (MLS# 1212690) is a Retail property with 0 bedrooms and 0 full bathrooms. 323 N Main Street is currently listed for $195,000 and was received on March 20, 2026. Want to learn more about 323 N Main Street? Do you have questions about finding other Retail real estate for sale in Troy? You can browse all Troy real estate or contact a Coldwell Banker agent to request more information.

