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. Building may be in need of some maintenance items/repairs and some flat roof leaks noted. Selling AS-IS. Don’t miss this opportunity to own and operate in one of Lexington's commercial corridors!
Sold for $290,000
$290,000
518 Southbound St, Lexington, NC 27292
--beds
--baths
--sqft
Retail
Built in 1953
-- sqft lot
$283,500 Zestimate®
$--/sqft
$1,761 Estimated rent
Home value
$283,500
$269,000 - $298,000
$1,761/mo
Zestimate® history
Owner options
List your home for rent
$1,761/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,761/mo
Rent Zestimate®
Refinance and save
$1,712/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$1,712/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
John Beck 704-453-1208,
John Christian Luxury Real Estate,
Chris Amburn 980-521-7843,
John Christian Luxury Real Estate
Bought with:
David Recendez, 289444
Cloud Realty LLC
Source: Triad MLS,MLS#: 1207717
Originating MLS: Winston-Salem
Originating MLS: Winston-SalemFacts & features
Interior
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 4,302
Property
Details
- Parcel number: 11106000A0010000
- Zoning: MU
- Special conditions: Owner Sale
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Retail
Condition
- Year built: 1953
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Lexington
Financial & listing details
- Tax assessed value: $270,570
- Annual tax amount: $3,544
- Date on market: 1/30/2026
- Cumulative days on market: 33 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 5/1/2026 | Sold | $290,000-3% |
Source:  Triad MLS #1207717 Report a problem | ||
| 3/4/2026 | Pending sale | $299,000 |
Source: Triad MLS #1207717 Report a problem | ||
| 2/13/2026 | Listed for sale | $299,000+279.8% |
Source: Triad MLS #1207717 Report a problem | ||
| 6/30/2020 | Sold | $78,733-21.3% |
Source: Public Record Report a problem | ||
| 12/15/2017 | Sold | $100,000+242.5% |
Source: Public Record Report a problem | ||
| 9/17/2010 | Sold | $29,200-23.2% |
Source: Public Record Report a problem | ||
| 10/12/2006 | Sold | $38,000-5% |
Source: Public Record Report a problem | ||
| 8/23/2005 | Sold | $40,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,544 | $270,570 |
| 2024 | $3,544 | $270,570 |
| 2023 | $3,544 | $270,570 |
| 2022 | $3,544 | $270,570 |
| 2021 | $3,544 +8.2% | $270,570 +8.2% |
| 2020 | $3,277 | $250,160 -4.4% |
| 2019 | -- | $261,700 |
| 2018 | $3,377 | $261,700 |
| 2017 | $3,377 | $261,700 |
| 2016 | $3,377 | $261,700 |
| 2015 | $3,377 | $261,700 |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
| 2000 | -- | -- |
| 1999 | -- | -- |
Find assessor info on the county website
Neighborhood: 27292
Nearby homes
- $64,0002 bd1 ba1k sqft604 Southbound St, Lexington, NC 27292Sold
- $64,0002 bd1 ba1k sqft604 Southbound St, Lexington, NC 27292Sold
- $13,5000.344 Acres445 W 6th Ave, Lexington, NC 27292Off Market
- $2,250560 Square FeetW 6th Ave, Lexington, NC 27292Off Market
- $279,0004 bd3 ba1.6k sqft609 W 5th Ave, Lexington, NC 27292Off Market
- $138,500-- bd-- ba1.3k sqft611 W 5th Ave, Lexington, NC 27292Off Market
- $9,0000.297 Acres439 W 6th Ave, Lexington, NC 27292Off Market
- $111,7002 bd1 ba976 sqft608 Southbound St, Lexington, NC 27292Off Market
Nearby schools
GreatSchools rating
- 5/10Southwest Elementary SchoolGrades: 1-5Distance: 0.9 mi
- 4/10Lexington Middle SchoolGrades: 6-8Distance: 1.4 mi
- 3/10Lexington Senior High SchoolGrades: 9-12Distance: 1.2 mi
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$283,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$283,500
- North Carolina
- Davidson County
- Lexington
- 27292
- 518 Southbound St
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Lexington Topics
