Search
Historic Mixed-Use Building
For Sale
$575,000

101 E FIRST Street, Lowell, NC 28098

Commercial Sale, Lowell, NC

Property SizeContact for details
Lot Size0.06 Acres
Days on Market310

Property Features for 101 E FIRST Street

General Information

Property type Commercial Sale
Property subtype Retail
Zoning description MS
Rooms Basement
Window features Display Window(s)
Basement Partial
Directions Take the ramp onto I-85 South toward Gastonia. Travel on I-85 S for about 1 mile. Take Exit 23 for NC-7 / McAdenville / Lowell. At the top of the ramp, turn left onto NC-7 / McAdenville Rd toward Lowell. Continue straight for about 0.5 miles. At the light, turn right onto N Main Street, entering downtown Lowell. Go about 0.2 miles, then turn left onto E First Street. 101 E First Street will be on your right a short distance down the road.
Standard status Active
APN 128384
Lot size 0.06 Acres

Taxes and HOA fees

Tax Description 05 011 081 00 000
Legal Description 05 011 081 00 000

Utilities

Sewer type Public Sewer

Amenities

original bank vault
connecting doorway to 100 Main Street

Building Details

Year built 1921
Listing Agency: Century 21 Town & Country Rlty · Century 21 Real Estate
Listed By: Tina Clark
Added: Nov 29, 2025 Changed: Sep 30 Last Checked: Oct 5 at 12:06PM
MLS# 4325996

Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Dating to 1921, this brick mixed-use building was constructed as a bank and still contains its original vault. The layout can support as many as three distinct business spaces, and a connecting doorway links the property to 100 Main Street. An additional 1,755 square feet upstairs provides more interior area. The parcel measures 0.06 acres.

At 101 E First Street, the property occupies a corner in downtown Lowell. Parks, City Hall, and local shops are nearby, with access to I-85 and a drive of less than 20 minutes to Charlotte. Public sewer serves the site.

Key Highlights

  • 1921 brick building originally constructed as a bank
  • Original bank vault remains inside
  • Layout allows up to three separate business spaces

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

City Of Lowell City Hall

Suggested Use

Top Pick Dental Office Law Firm Real Estate Agency Electrical Service Furniture & Home Goods Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

301
Businesses Nearby
14k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 93% Home Improvements & Furnishings 7%
Dollar General Shops & Services
7,706 visits/mo 0.2 miles
Citgo Shops & Services
5,262 visits/mo 0.2 miles
City Electric Supply Home Improvements & Furnishings
1,044 visits/mo 0.1 miles

Demographics for 28098, NC

3,868
Population
1,685
Households
2.3
Avg Household Size
39
Median Age
17%
College-Educated
84%
High-School Grad
3.6 sq mi
ZIP Area
1,074
Density / Sq Mi
$51,879
Median Household Income
$33,750
Median Earnings
$1,152
Median Rent
$153,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - A former bank retains its original vault and can accommodate up to three separate business spaces.
Where is this mixed-use property located?
The property is located at 101 E FIRST Street Lowell, NC.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 1921 brick building originally constructed as a bank; Original bank vault remains inside; Layout allows up to three separate business spaces
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again