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111 Court Street, Gatesville, NC 27938
$119,500
Property Type:
Comm Sale or Lease
Square Footage:
4,212
Lot Size (sq. ft.):
7,405
Status:
Closed
Current Price:
$119,500
List Date:
10/28/2021
Last Modified:
8/03/2025
Description
Great Location! Situated in historic Gatesville, right next door to the Gates County Courthouse, and across the street from
the Post Post, this could be the ideal location for a restaurant, retail store or business.
Extensively renovated in 1998, it was most recently a coffee shop and salon. With close proximity to the Gates County
Courthouse, Post Office, Town Hall, Sheriff's Office, Gates County Government Offices, local banks, as well as being
located adjacent to the intersections of state highways 137 and 32, it's the ideal spot for a commercial venture.
Renovations in 1998 include a new metal roof, vinyl siding, new plumbing and electrical wiring, a modernized interior
including new vinyl flooring, new drywall, Juniper paneling in main room/shop, 6 panel wood doors, recessed lighting, two
bathrooms, kitchen and eight parking spaces.
Separate entrances allow for this property to be used for multiple businesses. There are 5 separate offices/rooms that can
be used as office space, exam rooms, salon rooms, etc... Adjacent to the large main room inside the front entrance is a
kitchen with counters, sink, cabinets and connections for appliances.
Location is key and that is evidenced by the fact that this building has stood in this same place since the late 1800's. The
history of this landmark is remarkable. Having been first established as a mercantile store it has been home to hardware
and general stores, law & tax offices, among others. Walking through the building you see evidence of its original
architecture. Glancing at the transom windows located high on the walls you'll notice the telltale signs of antique glass.
Strolling through the shed-roof annex you'll see the names of some of the early occupants written onto the raw timber. A
dusty old hand-written ledger shows the painstaking detail used to record early transactions. Much of the merchandise
stocked in the store was delivered by merchant ships that traveled up nearby Bennett's Creek.
More Information MLS# 100297376
Contract Info
Status: Closed
Delayed Marketing?: No
Marketing Start Date: 2021-10-20
Sale/Lease: Sale
Auction: No
Listing Price: 119500
Current Price: $119,500
List Price/SqFt: 28.37
Stipulation of Sale: Standard
Location Information
Street #: 111
Street Name: Court
Street Suffix: Street
County: Gates
State/Province: NC
Zip Code: 27938
City Limits: No
Subdivision: Not In Subdivision
Secondary Subdivision: N/A
Geo Lat: 36.403263
Geo Lon: -76.752258
Remarks and Showing
Directions to Property: take NC Hwy 37 north to Gatesville. Turn left onto HWY 137. Property is on your right side, directly across from the Post Office.
Sign on Property: Yes
Building Info
New Construction: No
BuildingExt Features
SqFt - Heated (Primary): 4212
Legal and Taxes
Tax Assessed Value: 80754
Deed Book: 184
Deed Page: 524
Legal: RIDDICK
6967133342000
Broker Owner: No
PID: 6967133342000
Tax Identifier: 6967133342000
Special Assessments: N/A
Tax Year: 2021
Year Built: 1899
Zoning: A1
HOA: No
Cobra Zone: No
Status Change Info
Under Contract Date: 2022-04-30
Sold Price: $119,500
Sold Date: 2022-06-03
Property Features
Business Type: Food Service; Mixed; Retail
HOA and Neigh Amenities: No Amenities
Attic: No Access
Basement: None
Construction: Wood Frame
Exterior Finish: Vinyl Siding
Flooring: Vinyl
Green Bldg Features: None
Roof: Metal
Location: Historic District; See Remarks
Lot Water Features: None
Cooling: Other
Heating: Other
Water Heater: See Remarks
Utilities: See Remarks
Listing Office: Mossy Oak Properties Land And Farms Realty
Last Updated: August - 03 - 2025
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