Corner Storefront
For Sale
$150,000
1501 S Marietta Street, Gastonia, NC 28054
Vacant commercial space sits beside a convenience store with access from a corner setting.
Property Size1,000 SF
Price / SF$150
Days on Market72
Property Features for 1501 S Marietta Street
General Information
Standard status
Active
Size
1,000 SF
Property subtype
Commercial
Additional Details
Corner Location
Yes
Building Details
Building Size
1,000 SF
Year Built
1956
Buildings
1
Listing Agency:
EXP Realty LLC Ballantyne
(704) 248-8230
Listed By:
Sierra Garren
Source:
Techrealtyllc
Added: May 27
Changed: Aug 5
Last Checked: Aug 5 at 5:39AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EXP Realty LLC Ballantyne
Investment Insights
Based on property information with market context.
This vacant storefront property contains 1,000 square feet of commercial space and was constructed in 1956. The building occupies a corner lot at 1501 S Marietta Street in Gastonia, North Carolina, providing a visible position beside a convenience store. The site offers convenient access and is described as receiving steady traffic flow. Its existing storefront configuration provides a straightforward base for a range of commercial uses.
Key Highlights
- 1,000‑square‑foot vacant commercial building
- Corner‑lot location at 1501 S Marietta Street
- Adjacent to a convenience store
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 | $19.0k | $18.96 |
| − Vacancy | −$1.4k | −$1.42 |
| EGI | $17.5k | $17.54 |
| − OpEx | −$5.3k | −$5.26 |
| NOI | $12.3k | $12.28 |
1,000 SF · lease $18.96/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$175.4K
$153.5K – $204.6K
NOI $12,277 @ 7.0% cap · market cap 8.18%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$314.7K
$275.4K – $367.2K
NOI $22,032 @ 7.0% cap · market cap 14.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
208
Businesses Nearby
14k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 53%
Dining 47%
Hardee's
Dining
6,685 visits/mo
0.2 miles
Sunoco
Shops & Services
3,160 visits/mo
0.5 miles
Advance Auto Parts
Shops & Services
2,804 visits/mo
0.4 miles
Exxon
Shops & Services
1,451 visits/mo
0.4 miles
Demographics for 28054, NC
40,548
Population
18,351
Households
2.2
Avg Household Size
40
Median Age
25%
College-Educated
90%
High-School Grad
19.3 sq mi
ZIP Area
2,101
Density / Sq Mi
$59,524
Median Household Income
$39,883
Median Earnings
$1,150
Median Rent
$220,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Fine & Fancy Flowers Inc — 1204 S York St, Gastonia, NC 28052
Frequently Asked Questions
What type of property is this?
Storefront property - Vacant commercial space sits beside a convenience store with access from a corner setting.
Where is this storefront property located?
The property is located at 1501 S Marietta Street Gastonia, NC.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: 1,000‑square‑foot vacant commercial building; Corner‑lot location at 1501 S Marietta Street; Adjacent to a convenience store
