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Showroom and Warehouse with Apartment

1358 W Main Street Forest City, NC 28043

New
1358 W Main Street, Forest City, NC, 28043
$525,000
For Sale
$525,000

COMMERCIAL - Forest City, NC

Property Size4,536 SF
Lot Size0.36 Acres
Price / SF$115.74
Days on Market4

Property Features for 1358 W Main Street

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
C-3
Bathrooms
2
Rooms
Bathroom 2, Bathroom 1
Parking features
Parking Lot
Standard status
Active
APN
432002
Lot size
0.36 Acres

Taxes and HOA fees

Tax Description
BLDG.WEST MAIN ST.

Utilities

Sewer type
Public Sewer
Heating system
Ductless (Heating)
Cooling system
Ductless

Building Details

Year built
1946
Number of units
3
Listing agency Keller Williams Mtn Partners, LLC
Listed by Brent Crowell · License #253602
Added: Jul 19 Updated: Jul 21 at 4:11PM Checked: Jul 22 at 12:06AM
MLS# 4405634

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.

This commercial property combines retail/showroom or office frontage with back-of-house warehouse space and a separate apartment component. The front portion offers approximately 1,088 square feet with direct frontage on West Main Street, along with large display windows and signage opportunities. Behind the showroom, there is approximately 2,080 square feet of warehouse area with four bay doors and 15-foot ceilings, suited for storage and operational use. A further approximately 1,368-square-foot apartment adds flexibility for an owner-occupied live-work arrangement or potential reconfiguration to office or other internal uses.

Located at 1358 W Main Street in Forest City, NC, the property is positioned along a heavily used commercial corridor with easy access to downtown Forest City and US-74, supporting strong customer-facing visibility.

Zoned C-3, the layout supports businesses that need both public-facing space and warehouse operations, with the residential component providing an additional layer of functionality.

Key Highlights

  • Mixed‑use commercial property at 1358 W Main Street, Forest City, NC with retail/showroom/office space plus warehouse and an apartment
  • Approx. 1,088 SF front showroom/retail/office with direct West Main Street frontage and large display windows
  • Approx. 2,080 SF warehouse space behind the showroom with four bay doors and 15‑foot ceilings

Local Financial Insights For Retail

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 $65.3k $14.40
− Vacancy −$1.2k −$0.27
EGI $64.1k $14.13
− OpEx −$19.2k −$4.24
NOI $44.9k $9.89
4,536 SF · lease $14.40/SF/yr · vacancy 1.90% · expense 30.00%

Alternative Uses

Best Use
Retail
$640.8K
$560.7K – $747.6K (±1% cap)
NOI $44,854 @ 7.0% cap · market cap 8.54%
Second Best
Flex RnD
$520.4K
$455.4K – $607.1K (±1% cap)
NOI $36,428 @ 7.0% cap · market cap 6.94%
Theoretical Best
Office A
$1.00M
$875.3K – $1.17M (±1% cap)
NOI $70,021 @ 7.0% cap · market cap 13.34%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Real Estate Agency Hair Salon Grocery & Convenience Store (Bike/Boat/Book/etc) Store Spa & Massage Center (Bike/Boat/Book/etc) Store Electrical Service Locksmith Nail Salon Carpet & Flooring Store

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

FAQs

What type of property is this?
Flex space - Property includes showroom or office space with direct street frontage, plus a warehouse with bay doors and an apartment component.
Where is this flex space located?
The property is located at 1358 W Main Street Forest City, NC.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Mixed‑use commercial property at 1358 W Main Street, Forest City, NC with retail/showroom/office space plus warehouse and an apartment; Approx. 1,088 SF front showroom/retail/office with direct West Main Street frontage and large display windows; Approx. 2,080 SF warehouse space behind the showroom with four bay doors and 15‑foot ceilings
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