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119 N Main St, Lexington, NC, 27292

0beds
0baths
2,233sqft
$220,000
$99price/sqft
$1,696/moest. monthly cost
$67,840/yrincome needed

About This Home

Unlock the potential of this historic 2,233± SF downtown building located in the heart of Uptown Lexington. This property is a true fixer-upper and is being sold AS-IS, offering a rare opportunity for investors, developers, or entrepreneurs to create something special. Potential uses include retail, office space, apartments, short-term rentals, or a mixed-use concept Adding to its unique character, local history. Elvis Presley once stayed here when the building operated as a hotel many years ago. Insulation is included with the sale. Bring your vision and transform this Main Street property into Lexington's next success story

Getting Around

73
WalkingVery Walkable
0
TransitVery Limited Transit
39
BikeSomewhat Bikeable

Schools

4/10
4/10
Lexington Middle SchoolGrades 6-80.7 mi
3/10

Construction

Condition

  • Year built: 1920

Materials

  • Construction materials: Brick

Type & Style

  • Home type: Condo
  • Property subType: Stick/Site Built,Residential,Condominium

Interior

Appliances

  • Appliances included: Electric Water Heater

Basement

  • Basement: Basement

Features

  • Finished area above ground: 2,233

Heating & Cooling

  • Heating features: See Remarks
  • Cooling features: Other

Interior Area

  • Total structure area: 2,233
  • Total interior livable area: 2,233 sqft

Property

Details

  • Parcel number: 11060000B0004F
  • Zoning: U
  • Special condition: Owner Sale

Features

  • Levels: One
  • Stories: 1
  • Pool features: None

Lot

  • Lot size dimensions: 0

Parking

  • Parking features: On Street
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Ice Storm
    Ice StormRelatively High
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Ice Storm
Cold Wave
Inland Flooding
Strong Wind
Tornado
Winter Weather

FEMA Declared Disasters in Davidson County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,112$13,344
Home Insurance *$101$1,212
Property Taxes $276$3,312
Electricity $207$2,495
Total$1,696$20,352
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$58,148/yr
40% on housing$50,880/yr
45% on housing$45,226/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.1%
9.1%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.5%
1.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$99This listing

vs Other Active Listings

Avg $/sqft

ZIP 27292$175
Davidson County$157

vs Homes Sold Last Month

Median $/sqft

ZIP 27292$159
Davidson County$172

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-12Listed for sale$220,000

For Sale by Agent

AgentSamuel Colbert
BrokerageJ. Marshall Realty

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