250 Sparta Road North Wilkesboro, NC $ 3,500,000
250 Sparta Road
$ 3,500,000
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250 Sparta Road

North Wilkesboro, NC, 28659
$ 3,500,000
Bedrooms-- Baths--

Monthly Estimate*

$ 24,174

250 Sparta Road, North Wilkesboro, NC 28659 - Image 1

Commercial Property for sale in North Wilkesboro, NC

for $3,500,000. This building was built in 1989 on a lot size of 10.1.

Approximately an 8% CASH ON CASH return, plus extra land land to build more tenant space. Long established (37 years) 100% occupied 43,504 sq. ft. shopping center. Tenants are IGA Grocery Store, Spectrum, Walgreen's & Dollar Tree. Value add component of vacant land that would accommodate approximately 20,000 - 30,000 sq. ft. of additional retail buildings and parking. Parking lot milled as needed, repaved, sealed and striped in 2025. Exterior repainted in 2025. Roofs in excellent shape. Please do not conspicuously visit the interior of any tenant spaces without making prior arrangements with the listing agent. There are 2 outparcels that ARE NOT included in this offering. 1 is 1.64 acres available for $199,000, 1 is .64 acres available for $75,000. Prospective buyer's need to be prequalified/vetted. A serious/qualified buyer will need at least approximately $1,000,000 in cash to put into a purchase, or have a track record of similar or larger investments.

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Commercial Active

Price

$ 3,500,000

Property Type

Commercial

Taxes

$ 0

Style

Retail Center

Lot Size

10.1

Year Built

1989

Town/City

North Wilkesboro

County/Region

Wilkes

MLS | Web ID

4423374

Features
General
Sewer Public Sewer
Heating Heat Pump
Cooling Heat Pump
Utilities Electricity Connected Underground Utilities
Roof Flat
Zoning HB
Construction Materials Block Brick Partial
Exclusions All fixtures belong to tenants.
Year Built 1989
Property Subtype Retail Center
Parcel Number 1404335
Gross Income 282300
Elevation 1000
County Wilkes
New Construction N
Property Type Commercial Sale
HOA N
Other Structures None
Directions Northwest Market Place Shopping Center in North Wilkesboro NC- corner of Hwy. 18 North and Mountain View/Traphill Road.
City North Wilkesboro
Senior Community Y/N N
Lot Size Units Acres
Carport Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Standard Status Active
Construction Type Site Built
Restrictions Use Other - See Remarks
Tax Assessed Value 1818960
Listing Terms Cash
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Interior
Basement Other
Basement (Y/N) N
Below Grade Finished Area 0
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Exterior
Parking Features Parking Lot
Lot Features Corner Lot Level
Water Source City
Inclusions Building Land
Lot Size Area 10.1
Foundation Details Slab
Road Surface Type Paved
Other Parking Normal shopping center parking lot.
Road Frontage Type Highway State Road
Road Responsibility Publicly Maintained Road
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Internal Only
Street Number 1 250
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* Excluded Features
List By
Finley Properties Ii, Llc

Broker

Affordability Calculator

$24,174
Per Month
100%
0%
0%
Monthly Principal & Interest
$24,174
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
294628 Elementary School
294724 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/10/2026$3,500,000 Listed Price

Map


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250 Sparta Road, North Wilkesboro, NC, 28659 is a Commercial Property for sale at $3,500,000 with a lot size of 10.1. 250 Sparta Road was built in 1989. The property's zip code is 28659 which is in North Wilkesboro, NC