Description
Attention investors/developers! Own a piece of Caldwell County history! This building was reportedly built in 1886 and served as the first hospital in Lenoir, NC. The potential to develop this historic building and remainder of the parcel could open up a world of possibilities. The 2 story subject property sits on nearly an acre that is currently zoned CZ for project development. Current owner has worked diligently and successfully with City of Lenoir in bringing an upscale, 7 unit apartment building in the adjacent building on the adjacent lot. Plan stated as approved for 15 apartments on the property, so there is already early approval for 8 apartments that could be created in the building on the subject property, which is on a separate parcel from the renovated 1 story building that the owner developed and plans to maintain as lucrative upscale apartment rentals. Planning and zoning created 5 ft parcel boundaries between the two buildings on each parcel. Buyer of subject property is advised to seek input from Lenoir Planning and Zoning prior to purchase to clarify project plans, as there is the potential on the parcel for building 1-2 additional townhomes or other structures. Owner is willing to do owner financing on the building and parcel, and has stated that he will provide owner financing for a period of 10 years, with a 30% down payment and an 8% interest rate.
Address
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Address: 229 Wilson Street, Lenoir, North Carolina 28645
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City: Lenoir
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State/county: NC
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Zip/Postal Code: 28645
Details
Updated on October 10, 2026 at 12:08 am-
Property ID 4433403
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Price $168,000
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Year Built 1886
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Property Type Special Purpose, Commercial Sale
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Property Status Active, For Sale
Additional details
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Listing Terms Build To Suit, Cash, Construction Perm Loan, Owner Financing
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Utilities Cable Available
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Sewer Public Sewer
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Cooling None
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Heating None
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County Caldwell
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Property Type Commercial Sale
Features
Mortgage Calculator
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Down Payment
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Loan Amount
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Monthly Mortgage Payment
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Property Tax
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Home Insurance
Contact Information
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