407 S Norwood StWallace, NC 28466

Commercial property (from the listing description) · MLS 12045547 · Listed 9 days ago (Oct 26, 2026)

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Active: Listed and available according to the MyStateMLS feed.

About this property

A UNIQUE PIECE OF WALLACE HISTORY - FORMER MASONIC LODGE Discover an exceptional opportunity to own the former Masonic Lodge located at 407 S Norwood Street in Wallace, North Carolina! This distinctive property offers historic character, a recognizable local presence, and exciting possibilities for its next chapter. Conveniently situated in the heart of Wallace, the property provides easy access to local businesses, restaurants, shopping, and major transportation routes. Whether you're an investor, entrepreneur, preservation enthusiast, or buyer searching for a truly unique property, this former lodge presents an opportunity to bring new life to an established community landmark. Potential uses may include office space, meeting or event facilities, community gathering space, or other commercial applications, subject to applicable zoning, permits, and approvals. PROPERTY HIGHLIGHTS: - Former Masonic Lodge with local historical significance - Convenient location in Wallace, NC - Distinctive building with potential for renovation or adaptive reuse - Opportunity for investors, business owners, or preservation-minded buyers AUCTION OPPORTUNITY! Property is being offered AS-IS, WHERE-IS. Buyers are encouraged to conduct all necessary due diligence regarding building condition, zoning, permitted uses, utilities, and any applicable restrictions prior to bidding. Don't miss this opportunity to own a unique property and become part of the next chapter in Wallace's history! Extended Tenancy Required: The property will require an extended tenancy arrangement through February 28, 2027. The current occupants are offering $2,000 per month, including utilities, for the duration of the tenancy. Prospective buyers should take this arrangement into consideration when submitting an offer. Register to bid on our website or the HiBid platform.

Description provided by the listing brokerage.

Key facts

Auction pricing: Auction · see terms
Status: For sale
Property type: Commercial (type not stated)From the listing description
Land area: 0.92 acresSource field LotSizeAcres
MLS number: 12045547

Facts are reported by the listing brokerage. Items not listed were not provided; that does not mean the property lacks them or that they are zero.

Price

List price (not an asking price): $50,000 as listed

Auction terms, reserves and buyer premiums are set by the seller and auctioneer. Confirm every term with the listing agent before bidding.

Auction details

Bidding opens (as listed): 2026-10-26 07:00:00
Bidding closes (as listed): 2026-12-05 18:00:00
Online only: Yes

Building and site

County: Duplin County

Location

The pin is the listing's reported coordinates and may be approximate. It is not a parcel boundary or survey and says nothing about access rights, easements or flood zones. See more listings in Wallace.

Why this listing is on Commercial Only

The listing carries auction terms; its list price is not an asking price. (AuctionURL_C: Auction)
MLS property class detail. (PropertyTypeDetail: comm-building)

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Price and status history

Changes observed by Commercial Only in MyStateMLS data since Nov 3, 2026. This is not a public-record sales or lease history.

Listing courtesy of National Land Realty, Raleigh, NC · MyStateMLS #12006748

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Guides

Listing courtesy of Port City Auctions and Estate Services. Listing agent: Laney Tolliver. Listings provided by MyStateMLS.

Listing last modified at the source Oct 28, 2026, 12:49 PM UTC. Commercial Only last confirmed MyStateMLS data Nov 4, 2026, 8:30 AM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing representative.