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505 S Lafayette St
Shelby, NC 28150
Office Property For Sale
INVESTMENT HIGHLIGHTS
- Downtown Office/Retail
- Two Suites (easily revert to single floorplan)
- Many potential uses - Owner/User, Retail, Office, Office/Residential
- Short-term lease in place (Suite A)
EXECUTIVE SUMMARY
Renovated brick office building in downtown Shelby. Currently set up as two suites, with one side on a short-term lease, it can easily revert to a single-unit floor plan for commercial or residential use.
Located in what is considered the western edge of the Charlotte, NC statistical area, the building is ~ 0.5 miles from US 74 and 0.25 miles outside the Central Shebly Historic District.
Nestled in the heart of downtown Shelby, a vibrant hub for businesses. The office spaces here blend modernity and tradition, offering a unique work environment that fosters creativity and productivity. With its rich history, Shelby provides a charming backdrop for businesses, from startups to established corporations.
Located in what is considered the western edge of the Charlotte, NC statistical area, the building is ~ 0.5 miles from US 74 and 0.25 miles outside the Central Shebly Historic District.
Nestled in the heart of downtown Shelby, a vibrant hub for businesses. The office spaces here blend modernity and tradition, offering a unique work environment that fosters creativity and productivity. With its rich history, Shelby provides a charming backdrop for businesses, from startups to established corporations.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Building Size
1,470 SF
Building Class
B
Year Built/Renovated
1930/2014
Price
$385,966 CAD
Price Per SF
$262.56 CAD
Percent Leased
50%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
1,470 SF
Building FAR
0.19
Lot Size
0.18 AC
Opportunity Zone
Yes
Zoning
GB - General Business
Parking
9 Spaces (6.12 Spaces per 1,000 SF Leased)
AMENITIES
- Controlled Access
- Conferencing Facility
- Signage
- Wheelchair Accessible
- Reception
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 72354 | Improvements Assessment | $257,370 CAD |
| Land Assessment | $79,539 CAD | Total Assessment | $336,909 CAD |
PROPERTY TAXES
Parcel Number
72354
Land Assessment
$79,539 CAD
Improvements Assessment
$257,370 CAD
Total Assessment
$336,909 CAD
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