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Listing provided courtesy of Dream Mountain RealtyMLS# 4305597MLS ProviderContact Information: [email protected]
  • 271 days on site
  • 1 views

Investment Opportunity in the Heart of Burnsville! Welcome to 505 E Main Street, Burnsville, NC—a rare chance to own a high-visibility income-producing property right on Burnsville’s thriving Main Street. This versatile property features 7 individual rental units, already generating consistent rental income, making it the perfect turnkey investment. The property consists of: 4 apartments, 1 retail storefront with prime Main Street frontage, 1 studio apartment, 1 main cabin residence With city water and sewer in place, this property is fully connected and ready for continued growth. The location truly says it all—walkable to shops, restaurants, and Burnsville’s historic town square, with excellent exposure for both residential and commercial tenants. Whether you’re looking to expand your portfolio, operate a business while collecting rental income, or reimagine the property for future development, the opportunities here are endless.

Source: Canopy MLS, MLS#: 4305597

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  • Property Type
    Commercial Sale

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Ivester Jackson Christie's

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  • Median Age
    47
  • Population Density
    58
  • College Educated
    30%
  • Estimated Median Income
    $46,019
  • Estimated Total Home Owners
    5,027
  • Estimated Total Renters
    1,940
  • Owner / Renter Divide
    72% / 28%
  • Estimated Average Household Size
    2
  • Total Population
    16,918
  • 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 505 E Main 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
6/22/2026Source: Canopy MLS Price Reduction
$925,000 -7.5%
1/15/2026Source: Canopy MLS Price Reduction
$999,999 -16.7%
10/1/2025Source: Canopy MLS Added to Database
October 01, 2025