4169 Grace Chapel Road, Granite Falls NC
- 5 Bed
- 0.4 ac
For Sale $339,900
Remarks:
This property was once a local favorite known as The Shanghai, famous for its extra-thick bologna sandwich and friendly neighborhood charm. Originally home to three apartments and a deli storefront, it stood as a community fixture for decades. After years of decline following the passing of the family matriarch, the property has undergone significant restoration. Two apartments have been renovated and rented, featuring a new roof, siding, windows, mini-split system, updated flooring, and fresh paint. The lower level offers additional square footage, already gutted and ready for your vision—ideal for one large unit or two smaller spaces, whether residential or business use (zoned for business). The property has one water meter and four separate electric meters, offering flexibility for multi-unit occupancy or mixed-use configuration. The flat, grassy lot provides ample potential for additional parking or storage options. Bring new life to this piece of local history and capitalize on its flexible mixed-use potential. Agent is owner.
General Information:
| List Price: | $339,900 |
| Status: | For Sale |
| Bedrooms: | 5 |
| Type: | Fourplex |
| Parking: | Driveway, Parking Lot |
| MLS Number: | CAR4318436 |
| Style: | Arts and Crafts, Farmhouse |
| Year Built: | 1945 |
| Sewer Type: | Septic Installed |
Assigned Schools:
| Elementary: | Dudley Shoals |
| Middle: | Granite Falls |
| High: | South Caldwell |
Price & Sales History
| Date | Event | Price | $/SQFT |
| 11-26-2025 | Price Decrease | $339,900-2.86% | N/A |
| 11-13-2025 | Listed | $349,900 | N/A |
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Granite Falls Elementary | 3 miles | KG-05 | 8 |
| W M Jenkins Elementary | 5 miles | PK-05 | 7 |
| Oak Hill Elementary | 5 miles | KG-06 | 3 |
| Viewmont Elementary | 6 miles | PK-05 | 2 |
| Clyde Campbell Elementary | 7 miles | KG-06 | 6 |
| Oakwood Elementary | 7 miles | PK-05 | 9 |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Properties For Sale Nearby
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 4169 Grace Chapel Road, Granite Falls NC | 0 mi | $339,900 | days | |
| 5067 Ike Circle, Granite Falls NC | 0.1 mi | $174,900 | days | |
| 5071 ike Circle, Granite Falls NC | 0.2 mi | $315,000 | days | |
| 555 Falls Avenue, Granite Falls NC | 0.9 mi | $155,000 | days | |
| 557 Falls Avenue, Granite Falls NC | 0.9 mi | $169,900 | days | |
| 5006 Poplar View Lane, Granite Falls NC | 1 mi | $249,900 | days |
Sold Properties Nearby
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
Commute Distance & Time
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Mortgage Calculator
| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
Demographic Data For Zip 28630
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Transportation to Work |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Property Listing Information
A Courtesy Listing Provided By Raccoon Realty LLC
4169 Grace Chapel Road, Granite Falls NC is a ft2 on a 0.440 acres Appraisal lot. This is for $339,900. This has 5 bedrooms, baths, and was built in 1945.
Based on information submitted to the MLS GRID as of 2025-11-13 11:01:23 EST. All data is
obtained from various sources and may not have been verified by broker or MLS GRID. Supplied
Open House Information is subject to change without notice. All information should be independently
reviewed and verified for accuracy. Properties may or may not be listed by the office/agent
presenting the information. Some IDX listings have been excluded from this website.
Properties displayed may be listed or sold by various participants in the MLS.
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