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    514 Lafayette St Shelby, NC 28150

    Pending
    For Sale
    $280,000

    COMMERCIAL - Shelby, NC

    Lot size:
    0.71 Acres
    Days on Market:
    62
    Last Refresh:
    Dec 14 at 8:06 am

    Property Features for 514 Lafayette St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Pending
    Rooms
    Basement, Bathroom 1, Bathroom 3, Bathroom 2
    Bathrooms
    3
    APN
    17544
    Parking features
    Parking Lot, Driveway
    Appliances
    Electric Range, Refrigerator
    Lot size
    0.71 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1938
    Flooring type
    Tile, Concrete, Wood
    Building materials
    Brick Full
    Roof type
    Shingle

    Jolly Realty Group, LLC (704) 692-4657 [email protected]

    Listing agent Brett Wease (704) 477-9458

    Listing date Oct 14, 2025

    MLS# 4228608 Listing URL

    Copyright © 2025 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.

    Overview

    Mixed-Use Property in Shelby, NC

    This mixed-use property is located in Shelby, NC, and features a blend of functionality suitable for business operations and residential living. The main level is bright and airy, featuring large rooms with natural light and office areas. A functional freight elevator facilitates the transport of goods and materials. The upper level includes a spacious living room that flows into a dining room and kitchen, along with three bedrooms, including a primary bedroom and a Jack and Jill setup. The open basement, characterized by high ceilings, offers possibilities for a creative workshop, storage, or business operations. Situated on a corner lot, the property includes a large parking area and a driveway leading to the basement entrance. The lot size is 0.71 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Shelby
    County
    Cleveland
    State
    North Carolina
    Longitude
    -81.53976039
    Latitude
    35.29771464

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    FAQs

    What type of property is this?
    Mixed-use property - Versatile commercial property with residential and business potential in Shelby.
    Where is this mixed-use property located?
    The property is located at 514 Lafayette St Shelby, NC.
    What is the asking price?
    The asking price for this property is $280,000.
    What are key features of this property?
    This property features: - Versatile property suitable for commercial and residential use.; - Functional freight elevator for easy transport of goods.; - Spacious upper-level living area with 3 bedrooms, including a Jack and Jill bathroom.
    (704) 477-9458
    Request Owner's contact information
    514 Lafayette St Shelby, NC 28150
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    Shelby, NC 28150
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    514 Lafayette St Shelby, NC 28150
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