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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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1503 W Main St , Albemarle, NC 28001
$1,200,000
Est. Payment: $2,666.67/mo
0 Bed
5 Bath
0 Sqft
Status: Active | Days on site: 5
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R06885 - 92999,R11378
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House Description

Historic West Albemarle School and Development Opportunity: An extraordinary adaptive reuse and residential development opportunity awaits in West Albemarle. This offering features 4.43 acres of land paired with the historic West Albemarle School building, presenting an ideal canvas for developers looking to create a cohesive small-scale community. Nestled in the heart of Stanly County, Albemarle is a vibrant regional hub with a rich blend of small-town charm and economic momentum. Known for its strong architectural heritage, active downtown revitalization, and proximity to natural amenities like Morrow Mountain State Park and Badin Lake, Albemarle provides an exceptional quality of life. The city celebrates its history while actively supporting growth, making it a premier destination for residents and investors seeking community-oriented development. Two Parcels ID: 1503 W Main - 653804831623; Stonewall Vacant Land - 653804833461 - Deed 181/96

Highlights

Listed by Carla Weyrick , 704-564-5585 and John Williams , 704-564-5585 Howard Hanna Allen Tate Albemarle , 704-564-5585.

Property Type

Commercial Sale

Lot/Acreage
4.43

Year Built

1936

County

Stanly

Listing ID

4423976

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:5
  • Full Bathrooms:
Floor:Carpet,Tile,Vinyl,Wood
Below Ground Sq Ft:0
Basement:Bath/Stubbed,Walk-Out Access
Water:City

Exterior Features

Lot:Corner Lot,Level,Sloped,Wooded
Garage Capacity:35
Zoning:R-10
Roof:Composition
Sewer:Public Sewer
Parking Features:Parking Lot,Parking Space(s)
Principal Interest
$2,667
Taxes
$765

Home Price

$1,200,000

Loan Details

30 yrs
%

Down Payment

20%
$240,000
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Monthly Price:
$2,666.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,666.67 $765.00 $0.00 $3,431.67
Yearly $32,000.00 $9,180.00 $0.00 $41,180.00
Total $960,000.00 $275,400.00 $0.00 $1,235,400.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Albemarle, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.