518 Southbound Street Lexington, NC ^$ 299,000

518 Southbound Street

^$ 299,000

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518 Southbound Street

Lexington, NC, 27292

^$ 299,000

Studio Baths0.0 Sq 4,302

Monthly Estimate*

^$ 1,841

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Studio

Single Family Home for sale in Lexington, NC

for $299,000. This 4,302 square foot home was built in 1953.

Prime opportunity with 50+ CAR PARKING and 4,300+ sq. ft. of space with commercial kitchen! The current active restaurant business is not for sale. Higher traffic Lexington, NC location! Think café, bistro, quick-serve concept, specialty eatery, commercial kitchen use & MORE! Situated on a main thoroughfare with excellent signage exposure and strong residential & commuter traffic! Ample parking and flexible seating make this a special opportunity for restaurateurs or investors seeking an established location with immediate revenue potential. Don’t miss this opportunity to own and operate in one of Lexington's commercial corridors!

Single Family Active

Price

^$ 299,000

Bedrooms

Studio

Property Type

Single Family

Taxes

^$ 0

Style

Retail

Year Built

1953

Town/City

Lexington

County/Region

Davidson

MLS | Web ID

1207717

Features

General

Sewer Public Sewer

Zoning MU

Year Built 1953

Property Subtype Retail

Business Type Retail

County Davidson

Property Type Commercial Sale

HOA No

Status Active

Directions From I-85 in Lexington NC take Exit 91. Turn right onto Cotton Grove Rd. Bare left onto

City Lexington

Listing Terms Cash Conventional

Standard Status Active

Exterior

Water Source Public

Building Area Total 4302

Internal Only

Street Number 1 518

* Excluded Features

List By

John Beck

Listing Agent

John Christian Luxury Real Estate

Broker

john@johnchristianluxury.com

Affordability Calculator

$1,841

Per Month

Monthly Principal & Interest: $1,841
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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

Trends
Schools

Single family listings in Lexington, NC

Average List Price ^$378,605

Percent of Sale Price 27%

About Lexington, NC

18,909 Population

-5% Since 2002

^$29,296 Median Income

38.67 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

584379 Elementary School

584626 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/30/2026	$299,000		Listed Price

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518 Southbound Street, Lexington, NC, 27292 is a Single Family Home for sale at $299,000 with 4,302 sqft. 518 Southbound Street is a studio with 0.0 baths and was built in 1953. The property's zip code is 27292 which is in Lexington, NC

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) Program of the Triad MLS, Inc. of High Point, NC. Real estate listings held by brokerage firms other than Weichert Realtors are marked with the Internet Data Exchange logo or the Internet Data Exchange (IDX) thumbnail logo (the TRIAD MLS logo) and detailed information about them includes the name of the listing brokers.

The information being provided is for consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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518 Southbound Street

Single Family Home for sale in Lexington, NC

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