Courtesy: CarolinaEast Real Estate
252-312-6154
Here's a rare chance to invest in the heart of Colerain, NC. This commercial property includes an adjacent building with strong historic character and great potential for renovation or redevelopment. Whether you're looking to establish a small business, studio space, retail storefront, or community hub, this location offers flexibility and affordability. Previously a restaurant! Directly across the street is a residential home also available for purchase (separate listing)—ideal for live/work convenience or as an additional income-generating property. Additional listing of the building next door is for sale too! Set in a quiet, close-knit town with deep roots and charm, this property is perfect for someone with vision and creativity. With the right plan, it could play a key role in revitalizing Colerain's historic downtown. Newly opened seed store located on the same block. Explore the possibilities—restore, reimagine, and invest in a piece of North Carolina history. (3 Parcels, 3 Addresses, all Brick and Mortar Units are Connected). Opportunity to own additional building next door for even more development! Seller is motivated to sell all units together.
Courtesy: CarolinaEast Real Estate
252-312-6154
Located in the heart of Colerain's historic downtown, this commercial lot presents a rare opportunity for a visionary investor, entrepreneur, or developer ready to breathe new life into a once-thriving community. Ideal for a creative mixed-use concept, boutique retail, artist studios, or a local café—the potential is wide open. Surrounded by historic charm and small-town character, this area is ripe for revitalization, one new storefront just opened next door!. Whether you're inspired to restore, reimagine, or reinvent, this is your chance to be part of something meaningful—bringing energy and purpose back to a hidden gem on the map. No utilities at property. Parking/outdoor space out back. Opportunity to buy this listing and the neighboring building. Seller is motivated to sell both.
Colerain is located in North Carolina. Colerain, North Carolina has a population of 315. Colerain is more family-centric than the surrounding county with 22.54% of the households containing married families with children. The county average for households married with children is 16%.
The median household income in Colerain, North Carolina is $80,417. The median household income for the surrounding county is $37,571 compared to the national median of $69,021. The median age of people living in Colerain is 33 years.
The average high temperature in July is 88.6 degrees, with an average low temperature in January of 30.6 degrees. The average rainfall is approximately 47.6 inches per year, with 2.4 inches of snow per year.
