Corner Storefront
1501 S Marietta Street, Gastonia, NC 28054
For Sale
$150,000
Commercial Sale, Gastonia, NC
Property Size1,000 SF
Lot Size0.21 Acres
Price / SF$150
Days on Market168
Property Features for 1501 S Marietta Street
General Information
Property type
Property subtype
Zoning description
Lot features
Directions
Standard status
APN
Lot size
Additional Details
Corner Location
Taxes and HOA fees
Tax Description
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Building Details
Year built
Flooring type
Building materials
Roof type
Listing Agency:
EXP Realty LLC Ballantyne
(704) 248-8230
Listed By:
Sierra Garren · License NC #127928
(803) 627-3072
Added: May 27
Changed: Nov 5
Last Checked: Nov 10 at 5:06PM
MLS# 4380338
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.
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Investment Insights
Based on property information with market context.
This vacant storefront property comprises a 1,000-square-foot commercial building on a 0.21-acre corner parcel at 1501 S Marietta Street in Gastonia. Constructed in 1956, the block building features concrete floors, a shingle roof, central air conditioning, and central natural-gas heat. Public sewer service is in place.
The property sits beside a convenience store and offers access from its corner position. Its existing commercial structure and open occupancy provide a straightforward setting for a new owner to evaluate for business use.
The property sits beside a convenience store and offers access from its corner position. Its existing commercial structure and open occupancy provide a straightforward setting for a new owner to evaluate for business use.
Key Highlights
- 1,000‑square‑foot storefront building on a 0.21‑acre parcel
- Corner‑lot position at 1501 S Marietta Street
- Adjacent to a convenience store
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,237
Cap Rate
8.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$244,740
$244.7K
Cap Rate 7%
$174,814
$174.8K
Cap Rate 9%
$135,967
$136.0K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$19.0K $18.96/SF
− Vacancy
−$1.5K −$1.48/SF
EGI
$17.5K $17.48/SF
− OpEx
−$5.2K −$5.24/SF
NOI
$12.2K $12.24/SF
Area
Gaston County, NC
Vacancy
7.80%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$244,740
Cap Rate 7%
$174,814
Cap Rate 9%
$135,967
Alternative Uses
Best Use
Retail
$174.8K
$153.0K – $204.0K
NOI $12,237 @ 7.0% cap · market cap 8.16%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$352.5K
$308.5K – $411.3K
NOI $24,676 @ 7.0% cap · market cap 16.45%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
202
Businesses Nearby
7k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 100%
Hardee's
Dining
6,685 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
$220,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Storefront properties in Gaston County, NC
Properties on Market for Storefront properties in Gaston County
Vacancy Rate% for Retail in South region
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 with concrete flooring, central HVAC, and public sewer service.
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 storefront building on a 0.21‑acre parcel; Corner‑lot position at 1501 S Marietta Street; Adjacent to a convenience store
