Prime Commercial Property in
2303 E Main Street Lincolnton, NC 28092
2303 E Main Street, Lincolnton, NC, 28092
$500,000
For Sale
$500,000
Versatile commercial space ready for your vision in thriving Lincolnton.
Property Size3,160 SF
Price / SF$158.23
Days on Market143
Property Features for 2303 E Main Street
General Information
- Standard status
- Active
- Size
- 3,160 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1929
Listing Agency
RE/MAX LIFESTYLE
(704) 764-1908
Listed by
JANET COX · License #192231
Source
Corcoran
Added: Feb 26 Checked: Jul 19 at 4:51 am
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 RE/MAX LIFESTYLE
Investment Insights
Based on property information with market context.
This commercial property is located on a highly visible signalized intersection in Lincolnton, North Carolina, with an average of 27,500 vehicles per day (2024 NC DOT). The space offers over 3,100 square feet of usable commercial area and has been opened to the studs, presenting a blank canvas for customization. The layout is plumbed for two bathrooms and includes two entrances, suitable for flexible configurations and multiple business uses. It is ideal for a boutique retail store, an artisan bakery or café, a studio space for art or fitness, a professional office suite, or a service-oriented business. The property is situated in one of the region’s most active business corridors. Lincolnton is a growing commercial hub with a local economy supported by households with solid income levels. The property also features generous unmarked parking.
Key Highlights
- High‑visibility location at a signalized intersection with 27,500+ Average Annual Daily Traffic (AADT).
- Versatile 3,100+ sq ft space, open to the studs, ready for custom build‑out.
- Located in Lincolnton, a thriving community with a growing population and above‑average household income.
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 | $59.9k | $18.96 |
| − Vacancy | −$4.5k | −$1.42 |
| EGI | $55.4k | $17.54 |
| − OpEx | −$16.6k | −$5.26 |
| NOI | $38.8k | $12.28 |
3,160 SF · lease $18.96/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$554.2K
$484.9K – $646.6K
NOI $38,794 @ 7.0% cap · market cap 7.76%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$994.6K
$870.3K – $1.16M
NOI $69,621 @ 7.0% cap · market cap 13.92%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Setting Stitches Embroidery
Production Facility
Similar For Sale Nearby
FAQs
What type of property is this?
Storefront property - Versatile commercial space ready for your vision in thriving Lincolnton.
Where is this storefront property located?
The property is located at 2303 E Main Street Lincolnton, NC.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: High‑visibility location at a signalized intersection with 27,500+ Average Annual Daily Traffic (AADT).; Versatile 3,100+ sq ft space, open to the studs, ready for custom build‑out.; Located in Lincolnton, a thriving community with a growing population and above‑average household income.
