Investment property for sale located in Downtown Catawba, previously the old Sherrill's Tobacco Building. The main level has been used as an event center offering a bar area, eating/sitting areas and a stage used for entertaining. Separate men's & women's bathrooms come each with dual vanity sinks. Men's bathroom has 1 2 urinals and 1 toilet stall. The women's bathroom has 3 toilets with stalls. The back of the main level has a prep room which previously shared the kitchen in the adjoining building. A great set up for catered events. Currently being used as a Retail clothing store. The 2nd level has 2 residential units currently rented at $1,300 per month. The 3rd level is a hollow shell and can be upfitted for many different possibilities. Can be converted into 2 more residential units or one large penthouse unit. Hydraulic freight elevator (not currently in use) 2 residential units currently being rented on upper / second level with lease agreements. Please allow advance notice for showings. 2 current rentals are month to month but apartment a is a one year up in Aug 2026. Roof was updated in 2021/2022 +/-. Apartment A second level has updated Heating & Air unit 2024 +/-, unknown age of hot water heater in this unit. Apartment B second level has heating & air unit updated approx. 2021 +/- and 2025 electric hot water heater. First floor units replaced in 2023 +/-. Historic Preservation NC has first right of Refusal but when talking with them they are not interested in exercising this right. We will need then to sign off once offer is received. 2 PIN being sold together - one is for the extra parking lot behind the Pinnacle three-story building.
Andrea Conner, License #298336, Xome Inc., License #C24582, [email protected], 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

Data is obtained from various sources, including the Internet Data Exchange program of Canopy MLS, Inc. and the MLS Grid and may not have been verified. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. The listing broker, Canopy MLS Inc., MLS Grid, and Xome Inc. shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. Data provided is exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. 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 and may be listed or sold by various participants in the MLS. Copyright 2026 Canopy MLS, Inc. All rights reserved. The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with this website or services infringes your copyright, you (or your agent) may send a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to [email protected].
Catawba is located in North Carolina. Catawba, North Carolina has a population of 631. Catawba is less family-centric than the surrounding county with 19.21% of the households containing married families with children. The county average for households married with children is 26.83%.
The median household income in Catawba, North Carolina is $39,737. The median household income for the surrounding county is $57,840 compared to the national median of $69,021. The median age of people living in Catawba is 45.8 years.
The average high temperature in July is 87.7 degrees, with an average low temperature in January of 26.9 degrees. The average rainfall is approximately 44.7 inches per year, with 3.4 inches of snow per year.