37 S Main St Belmont, NC 28012
Basement lot with office/retail/residential potential in Downtown Belmont.
Property Features for 37 S Main St
General Information
- Standard status
- Active
Source:
Corcoran
Listing Agency: LKI REALTY LLC Listing Agent: Troy Knight
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Downtown Belmont Basement Lot
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
Location Insight
- Map
- Local Demand
- City
- Belmont
- County
- Gaston
- State
- North Carolina
- Longitude
- -81.0389264
- Latitude
- 35.243719
Nearby Similar for Sale
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 St 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.
