104 Kenwood Street, Belmont, NC 28012
Multi-tenant brick office building with 14 on-site parking spaces and flexible unit configurations, including two live-work style units.
- Added:
- Apr 3, 2026
- Days on Market:
- 97
- Last Refresh:
- Jul 8 at 2:26 am
Property Features for 104 Kenwood Street
General Information
- Standard status
- Active
- Size
- 4,897 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1989
Listing office Cottage Keepers of Gaston County (704) 829-0367
Listing date Apr 3, 2026
Source Techrealtyllc
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All listing content including descriptions, pricing, images are the copyrighted material of Cottage Keepers of Gaston County
HighLights
- Brick multi‑tenant commercial office building built in 1989 with just under 5,000 SF
- Zoned NCC - Neighborhood Center Commercial (NCC)
- Configured into 4 tenant units and currently 100% leased
- Includes 14 designated on‑site parking spaces
- Two units have full kitchens and full baths, supporting flexible live‑work style configurations
- All 7 condo units are for sale under this listing (PID 212664, 125462, 125461, 125460, 125459, 125457, 125456)
Overview
This offering presents seven condo units available for sale under the listing. The building includes 14 designated on-site parking spaces, a stated differentiator for downtown. It is located in a highly walkable district, with nearby destinations referenced in the remarks including Old Stone Steakhouse, Cherub’s Cafe, New York Butcher Shoppe, and Stowe Park, which hosts the Belmont Farmers Market. The property is also noted as being about 15 minutes from Charlotte Douglas International Airport and about 20 minutes from Charlotte’s city center.
For professional services tenants or owner-operators, the current layout offers a mix of conventional office configurations and units that can accommodate client-facing work alongside residential-style amenities. The building is currently described as 100% leased and arranged to include a variety of lease expirations, which may support future owner-occupancy scenarios or phased unit absorption. Please note: DO NOT DISTURB TENANTS.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $127.5k | $26.04 |
| − Vacancy | −$13.0k | −$2.66 |
| EGI | $114.5k | $23.38 |
| − OpEx | −$28.6k | −$5.85 |
| NOI | $85.9k | $17.54 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Belmont
- County
- Gaston
- State
- North Carolina
- Longitude
- -81.0369539
- Latitude
- 35.2451854
