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Historic Bank Building with Vault
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 Market265

Property Features for 101 E FIRST Street

General Information

Property type Residential
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: Aug 19 Last Checked: Aug 21 at 3:06AM
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.

Constructed in 1921, this former bank is a brick commercial building with the original vault still in place. The property includes a basement, a second floor with 1,755 square feet, and a configuration that can accommodate up to three separate business spaces. A connecting doorway to 100 Main Street allows the areas to function together or independently.

The building occupies a 0.06-acre corner lot at 101 E First Street in downtown Lowell, with direct proximity to parks, city hall, and local shops. I-85 provides regional access, and Charlotte is less than 20 minutes away. Public sewer serves the property.

Key Highlights

  • 1921 brick building with original bank vault
  • Up to three separate commercial business spaces
  • Second floor includes 1,755 square feet

Property 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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

301
Businesses Nearby

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

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Bank - Built in 1921, the brick property supports up to three separate commercial spaces.
Where is this bank 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 with original bank vault; Up to three separate commercial business spaces; Second floor includes 1,755 square feet
More about this property
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