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    Downtown Belmont Basement Lot Title is generated by Realmo AI

    37 S Main Street, Belmont, NC 28012

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    For Sale
    $450,000

    Basement lot with office/retail/residential potential in Downtown Belmont.

    Type:Land or Vacant Lot
    Added:
    Sep 22, 2025
    Days on Market:
    273
    Last Refresh:
    May 10 at 11:33 pm

    Property Features for 37 S Main Street

    General Information

    Standard status
    Active
    Property subtype
    Land or Vacant Lot

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    Listing Contact
    TROY KNIGHT
    TROY KNIGHT

    Listing agent TROY KNIGHT License #266138

    Listing office LKI REALTY LLC

    Listing date Sep 22, 2025

    Source Corcoran

    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 LKI REALTY LLC

    HighLights

    • High Investment Potential: Generates a Net Operating Income (NOI) of $300,000.
    • Below Market Price: Offered at $26/sqft, significantly lower than local retail leasing rates.
    • Prime Downtown Belmont Location: Desirable area with office/retail/residential potential.
    • Large Lot Size: 14,000 sqft+/- provides ample space for development.
    • Development Ready: Sketch plan review is nearly complete with the city of Belmont.
    • Building Plan Available: Rough sketch of building plan is available to assist with development.

    Overview

    This basement lot in Downtown Belmont offers approximately 14,000 square feet of potential for office, retail, or residential use. Local retail leasing rates range from $32 to $50 per square foot. The property is priced at $26 per square foot, potentially generating a net operating income of $300,000. A sketch plan review is nearing completion with the city of Belmont. A rough sketch of the building plan is available. The estimated cost to build is between $2.5 million and $3 million.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Belmont
    County
    Gaston
    State
    North Carolina
    Longitude
    -81.0389
    Latitude
    35.2437

    FAQs

    What type of property is this?
    Commercial land - Basement lot with office/retail/residential potential in Downtown Belmont.
    Where is this commercial land located?
    The property is located at 37 S Main Street Belmont, NC.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: High Investment Potential: Generates a Net Operating Income (NOI) of $300,000.; Below Market Price: Offered at $26/sqft, significantly lower than local retail leasing rates.; Prime Downtown Belmont Location: Desirable area with office/retail/residential potential.
    More about this property
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