INNOVATE Real Estate
Retail at 316 E Center Street, Lexington NC 27292
Retail at 316 E Center Street, Lexington NC 27292, photo 2 of 2
2 photos

$549,000

316 E Center Street, Lexington NC 27292
Lexington, NC 27292
Listed by Frank D. Callicutt
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1959

About this home

Excellent development opportunity. 1.21 acres (per tax card) zoned mixed use on high traffic count Lexington corridor. Property is located very near Uptown Lexington and The Depot District.

Property details

MLS
Triad MLS
MLS #
1233082
Property type
Retail
Subdivision
N/A
Status
Active
Days on market
N/A
On market date
August 24, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A

Location

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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Charles England Elementary School
0.54 mi away · Grades 1-5
Zoned school (attendance boundary, 2015-16 data)
2.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
339
Student:teacher ratio
14.1:1
District
Lexington City Schools
Middle
Lexington Middle School
0.94 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
2.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
720
Student:teacher ratio
16.7:1
District
Lexington City Schools
High
Lexington Senior High School
0.91 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
3.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
856
Student:teacher ratio
15.0:1
District
Lexington City Schools

Walkability

Blended score for Lexington's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

69
Walkable
out of 100
EPA National Walkability Index
10.2 / 20 -- Below average walkable
Google Places amenity density
95 / 100
Restaurants & cafes20
Grocery stores4
Parks4
Schools2
Transit stops20
Pharmacies4

Mortgage calculator

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Est. monthly payment
$3,456/mo
$109,800 down
$439,200 loan
Principal & interest$2,849
Property tax (est.)$458
Home insurance (est.)$150

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Data source: Listing information provided by Triad MLS via Trestle/CoreLogic. Last updated August 24, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.