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Listing provided courtesy of NextHome ProvidenceMLS# 4242755MLS ProviderContact Information: [email protected]
  • 431 days on site
  • 0 views

Fully Leased + Opportunity Zone Investment! Prime investment opportunity in the heart of Albemarle! This 6,894 SF commercial building is fully leased with a long-term tenant in place, providing immediate and stable cash flow. Situated on 2.87 acres, the property offers ample parking, excellent visibility, and convenient access to major highways. This property is located within a federally designated Qualified Opportunity Zone (QOZ), making it an especially attractive option for investors seeking potential federal tax incentives while capitalizing on Albemarle’s growth. Turnkey and income-producing, 702 Henson Street is ideal for buyers looking to expand their portfolio with a property that delivers both consistent returns and future upside. Please contact the listing broker for financial details and showing arrangements. Do not disturb the tenant.

Source: Canopy MLS, MLS#: 4242755

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  • Property Type
    Commercial Sale

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Ivester Jackson Christie's

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  • Median Age
    41
  • Population Density
    200
  • College Educated
    32%
  • Estimated Median Income
    $50,813
  • Estimated Total Home Owners
    7,352
  • Estimated Total Renters
    3,462
  • Owner / Renter Divide
    68% / 32%
  • Estimated Average Household Size
    2
  • Total Population
    26,998
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 702 Henson Street

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/16/2026Source: Canopy MLS Price Reduction
$1,949,000 -2.5%
2/18/2026Source: Canopy MLS Price Reduction
$1,999,000 -11.2%
10/22/2025Source: Canopy MLS Price Reduction
$2,250,000 -10.0%
4/24/2025Source: Canopy MLS Added to Database
April 24, 2025