4169 Grace Chapel RD new Save Request In-Person Tour Request Virtual Tour
Granite Falls,NC 28630
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,564 sqft
Price per Sqft $223
MLS Listing ID 4318436
Style Arts and Crafts,Farmhouse
Bedrooms 5
Full Baths 2
Year Built 1945
Lot Size 0.440 Acres
Property Sub-Type Fourplex
Property Description
This property was once a local favorite known as The Shanghai, famous for its extra-thick bologna sandwich and friendly neighborhood charm. Originally home to three apartments and a deli storefront, it stood as a community fixture for decades.
After years of decline following the passing of the family matriarch, the property has undergone significant restoration. Two apartments have been renovated and rented, featuring a new roof, siding, windows, mini-split system, updated flooring, and fresh paint.
The lower level offers additional square footage, already gutted and ready for your vision—ideal for one large unit or two smaller spaces, whether residential or business use (zoned for business).
The property has one water meter and four separate electric meters, offering flexibility for multi-unit occupancy or mixed-use configuration.
The flat, grassy lot provides ample potential for additional parking or storage options.
Bring new life to this piece of local history and capitalize on its flexible mixed-use potential.
Agent is owner.
Location
State NC
County Caldwell
Zoning Business
Interior
Heating Baseboard,Ductless
Cooling Ceiling Fan(s),Ductless,Window Unit(s)
Flooring Carpet,Vinyl
Laundry In Unit
Exterior
Roof Type Architectural Shingle
Building
Dwelling Type Site Built
Foundation Crawl Space,Slab
Sewer Septic Installed
Water County Water
Structure Type Vinyl
New Construction false
Schools
Elementary Schools Dudley Shoals
Middle Schools Granite Falls
High Schools South Caldwell
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Subject to Lease