For Sale $200,000
Please be advised that it has been confirmed that the small triangle shown on the survey will convey with the property, and the deed has been corrected to reflect this. At this time, the seller is requesting all interested parties to submit their highest and best offer. All final offers must be submitted no later than Wednesday, April 29th, at 5:00 PM. To ensure a complete submission, please include the buyer’s proof of funds or pre-approval letter. All terms, including price and any contingencies, must be clearly stated, as the seller intends to make a decision based on the offers received by the deadline. All offer terms will be presented to the board members for their review and discussion during their upcoming board meeting on Tuesday, May 5th. Please send all updated documents and offer details directly to the listing agent before the Wednesday cutoff. This Mid Century property in Locust offers a unique opportunity for either a business or a home in one of North Carolina’s fastest-growing areas. The building features a classic three-bedroom, two-bathroom layout on a prominent corner lot, providing plenty of outdoor space and a strong visual presence. Mid Century architecture is highly sought after for its clean lines and vintage character, making this a perfect blank canvas. Whether you envision a stylish professional office or a custom residential renovation, this space is ready for you to add your personal touch and bring your vision to life. The property is currently listed for both commercial (MLS #4368188) and residential (MLS #4365906) use, offering great flexibility depending on your needs. If you choose to use the property as a residence, it will require a formal zoning change through the City of Locust. This process typically takes about 45 days. Documentation must be filed with the zoning department by the second Friday of the month for review at the meeting on the fourth Thursday. If successful, the request moves to the City Council on the second Tuesday of the following month for a final decision. While the potential for residential use is there, a zoning change is not guaranteed to pass. Locust has nearly doubled in population recently, making it a popular destination for those who want a small-town feel within reach of the city. It is located about 25 miles east of Charlotte, with a commute of roughly 35 to 40 minutes to the downtown area. This location allows for easy access to Charlotte’s professional sports and dining while staying connected to a close-knit community. As new businesses and amenities continue to move into the area, this property puts you right in the center of a thriving town with significant long-term potential.
| List Price: | $200,000 |
| Status: | For Sale |
| Bedrooms: | 3 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1768 sqft |
| Parking: | Driveway, Attached Garage |
| MLS Number: | CAR4365906 |
| Subdivision: | none |
| Style: | Ranch |
| Bathrooms: | 2 |
| Lot Description: | Corner Lot, Sloped, Wooded |
| Year Built: | 1950 |
| Sewer Type: | Public Sewer |
| Elementary: | Locust |
| Middle: | West Stanly |
| High: | West Stanly |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Locust Elementary School | 0 miles | KG-05 | 6 |
| Bethel Elementary | 7 miles | KG-05 | 4 |
| Endy Elementary School | 8 miles | KG-05 | 8 |
| A T Allen Elementary | 9 miles | KG-05 | 4 |
| New Salem Elementary School | 10 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.
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 |
| 509 Main Street, Locust NC | 0 mi | $200,000 | days | |
| 121 Vella Drive, Locust NC | 0.2 mi | $799,500 | days | |
| 213 Delancy Street, Locust NC | 0.5 mi | $449,000 | days | |
| 219 Central Avenue, Locust NC | 0.5 mi | $429,999 | days | |
| 319 Central Avenue, Locust NC | 0.6 mi | $459,000 | days | |
| 606 Elm Street, Locust NC | 0.6 mi | $375,000 | days |
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 |
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| 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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| H.O.A. / Maintenance |
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
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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.
A Courtesy Listing Provided By Howard Hanna Allen Tate Albemarle
509 Main Street, Locust NC is a 1768 ft2 on a 1.050 acres lot. This is for $200,000. This has 3 bedrooms, 2 baths, and was built in 1950.
Based on information submitted to the MLS GRID as of 2026-05-21 10:41:52 EST. All data is
obtained from various sources and may not have been verified by broker or MLS GRID. Supplied
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