Downtown Belmont Basement
For Sale
$300,000
37 S Main Street, Belmont, NC 28012
Basement lot with office/retail/residential potential in Downtown Belmont.
Property SizeContact for details
Days on Market322
Property Features for 37 S Main Street
General Information
Standard status
Active
Property subtype
Land or Vacant Lot
Listing Agency:
LKI REALTY LLC
(704) 619-3302
Listed By:
TROY KNIGHT · License #266138
Source:
Corcoran
Added: Sep 22, 2025
Changed: Aug 8
Last Checked: Aug 9 at 8:57AM
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
Investment Insights
Based on property information with market context.
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.
Key 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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
829
Businesses Nearby
Explore this area
Business Placement
Demographics for 28012, NC
26,202
Population
11,511
Households
2.3
Avg Household Size
41
Median Age
42%
College-Educated
92%
High-School Grad
27.3 sq mi
ZIP Area
960
Density / Sq Mi
$81,057
Median Household Income
$48,901
Median Earnings
$1,288
Median Rent
$324,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
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 $300,000.
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.
