Private Wellness
For Sale
Contact for pricing
227 E Main Street, Lincolnton, NC 28092
Secure commercial suite with step-free storefront entry and shared client amenities.
Property Size1,925 SF
Days on Market52
Property Features for 227 E Main Street
General Information
Standard status
Active
Size
1,925 SF
Property subtype
Special Purpose
Amenities
common area
bathrooms
laundry room
kitchen
security
Level
Additional parcels description:, Parcel Number: 00556, Assessed Value: $218,454
Listing ID: CAR4418183, Standard Status: Active, MLS Status: Active, Property Subtype: Special Purpose
Storage Space
Built in 1925, Construction Materials: Brick Full
County/Parish: Lincoln
Road Responsibility: Publicly Maintained Road, Road Surface: Paved
Building Details
Building Size
1,925 SF
Year Built
1925
Tenancy
Multi
Listing Agency:
Toni Whiteside Real Estate LLC
Listed By:
Toni Whiteside · License #254768
(704) 477-6967
Source:
Blackstreaminternational
Added: Aug 26
Changed: Oct 15
Last Checked: Oct 15 at 12:14AM
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 Toni Whiteside Real Estate LLC
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Investment Insights
Based on property information with market context.
Private wellness space within a restored 1925 building dedicated to health, beauty, wellness, and personal-service businesses. The suite offers a professional setting with security and access to shared bathrooms, a laundry room, kitchen, and common area.
Located at 227 E Main Street in downtown Lincolnton, the property provides direct street-level entry without steps. Shopping, dining, community events, and festivals are situated throughout the surrounding downtown district, while other health and beauty practitioners operate within the building.
Located at 227 E Main Street in downtown Lincolnton, the property provides direct street-level entry without steps. Shopping, dining, community events, and festivals are situated throughout the surrounding downtown district, while other health and beauty practitioners operate within the building.
Key Highlights
- Private suite with security features
- Step‑free storefront access from E Main Street
- Shared common area, bathrooms, laundry room, and kitchen
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,761
Suggested Prices Based on Cap Rates
Cap Rate 5%
$675,220
$675.2K
Cap Rate 7%
$482,300
$482.3K
Cap Rate 9%
$375,122
$375.1K
Market Conditions
NOI Build-Up for 1,925 SF
Gross rent
$50.1K $26.04/SF
− Vacancy
−$5.1K −$2.66/SF
EGI
$45.0K $23.38/SF
− OpEx
−$11.3K −$5.85/SF
NOI
$33.8K $17.54/SF
Area
Lincoln County, NC
Vacancy
10.20%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$675,220
Cap Rate 7%
$482,300
Cap Rate 9%
$375,122
Alternative Uses
Best Use
Office B
$482.3K
$422.0K – $562.7K
NOI $33,761 @ 7.0% cap · market cap 15,004.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$605.9K
$530.2K – $706.9K
NOI $42,412 @ 7.0% cap · market cap 18,849.78%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
787
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 28092, NC
38,719
Population
17,332
Households
2.2
Avg Household Size
43
Median Age
20%
College-Educated
87%
High-School Grad
119.9 sq mi
ZIP Area
323
Density / Sq Mi
$62,625
Median Household Income
$41,155
Median Earnings
$937
Median Rent
$220,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- DRTC Advisors Lincolnton — e pine st, lincolnton, nc 28092
Frequently Asked Questions
What type of property is this?
Spa & wellness property - Secure commercial suite with step-free storefront entry and shared client amenities.
Where is this spa & wellness property located?
The property is located at 227 E Main Street Lincolnton, NC.
What are key features of this property?
This property features: Private suite with security features; Step‑free storefront access from E Main Street; Shared common area, bathrooms, laundry room, and kitchen
