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201 N Lafayette St 1,632 SF Retail Building Shelby, NC 28150 $1,542,123 CAD ($944.93 CAD/SF) 6% Cap Rate
Investment Highlights
- Lighted Intersection of N Lafayette Street & W Sumter Street.
- Across Intersection from PNC Bank, Earl Scruggs Center & First Baptist Church.
Executive Summary
with 2,800 Franchisees.
Property Facts
Amenities
- Pylon Sign
- Signage
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Position
- Available
This freestanding retail/restaurant opportunity sits prominently in Uptown Shelby, offering strong visibility on the corner of N Lafayette and Sumter Streets. The property provides significant exposure in one of the community’s busiest commercial corridors, with direct access to surrounding residential neighborhoods, cultural destinations, and local businesses. The building features a highly adaptable layout suitable for restaurant or quick-service concepts that can capitalize on the existing infrastructure, including potential for drive-thru use, or for a wide range of retail and service-oriented businesses. Dedicated parking and strong pedestrian and vehicular traffic further enhance its appeal for operators seeking convenience-driven customers. Positioned in the heart of Cleveland County’s commercial district, the site benefits from close proximity to community anchors including the Earl Scruggs Center, Don Gibson Theatre, Cleveland County Arts Council, and other retail and dining venues. Regional connectivity via nearby highways ensures continued growth and demand for well-placed retail and food-service locations in Shelby.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 1,632 SF | Restaurant | Outparcel | 30 Days |
1st Floor
| Size |
| 1,632 SF |
| Space Use |
| Restaurant |
| Position |
| Outparcel |
| Available |
| 30 Days |
1st Floor
| Size | 1,632 SF |
| Space Use | Restaurant |
| Position | Outparcel |
| Available | 30 Days |
This freestanding retail/restaurant opportunity sits prominently in Uptown Shelby, offering strong visibility on the corner of N Lafayette and Sumter Streets. The property provides significant exposure in one of the community’s busiest commercial corridors, with direct access to surrounding residential neighborhoods, cultural destinations, and local businesses. The building features a highly adaptable layout suitable for restaurant or quick-service concepts that can capitalize on the existing infrastructure, including potential for drive-thru use, or for a wide range of retail and service-oriented businesses. Dedicated parking and strong pedestrian and vehicular traffic further enhance its appeal for operators seeking convenience-driven customers. Positioned in the heart of Cleveland County’s commercial district, the site benefits from close proximity to community anchors including the Earl Scruggs Center, Don Gibson Theatre, Cleveland County Arts Council, and other retail and dining venues. Regional connectivity via nearby highways ensures continued growth and demand for well-placed retail and food-service locations in Shelby.
Nearby Major Retailers
Property Taxes
| Parcel Number | 17562 | Improvements Assessment | $394,888 CAD |
| Land Assessment | $84,360 CAD | Total Assessment | $479,248 CAD |
Property Taxes
Presented by
201 N Lafayette St
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