Downtown Belmont Basement
37 S Main Street Belmont, NC 28012
37 S Main Street, Belmont, NC, 28012
$300,000
For Sale
$300,000
Basement lot with office/retail/residential potential in Downtown Belmont.
Days on Market299
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 Checked: Jul 16 at 5:55 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 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
Location Intelligence
Current Use by Public Records
Commercial land
Similar For Sale Nearby
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 $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.
