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    Property profile & analytics
    OFF-MARKET
    Retail space

    100 Main St, Stanley, NC 28164-1721

    6,000 SF 0.37 ac lot Built 1985
    Entity Owned 6-yr Hold Absentee Owner Free & Clear
    Property ID
    US53-0669721
    Property summary
    AI-generated overview

    Main Street Marketplace, located at 100 S Main St, Stanley, NC 28164, offers exceptional office space in the heart of downtown. This Class B building, totaling 26,278 square feet, boasts a variety of options for businesses of all sizes. Tenants can choose from traditional, executive, or creative office spaces, with a minimum divisible space of 1,000 square feet and a maximum contiguous space of 5,000 square feet. Currently, 7,802 square feet are available across multiple suites within the ten-suite building. Originally constructed in 1920 and renovated in 1980, the property benefits from a rapidly growing population in the area, with an 11% increase and ongoing residential development. Nearby amenities include an 80-unit apartment complex starting construction in 2024 (0.25 miles away), a 225-home neighborhood under construction by Meritage Homes (1.25 miles away), and the recently completed Arbordale neighborhood (200+ homes, 2.5 miles away) by True Homes. This prime location offers easy access to Uptown Charlotte, just 25 minutes away, making Main Street Marketplace an ideal choice for businesses seeking a thriving community and convenient access to a major metropolitan area. The property is situated in Gaston County's Stanley submarket, within the Gastonia submarket cluster. This presents a unique opportunity to establish a presence in a dynamic and expanding market. The property is zoned for retail, office, and restaurant uses.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1985
    Total area 6,000 SF
    Lot 0.37 ac (16,117 SF)
    Zoning code RET01
    APN 134003
    UPID US53-0669721
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Stanley Hardware & Feed, Inc. Building Supply Hardware & Home Improvement
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    J Lanier Properties LLC · 6 yrs held
    J Lanier Properties LLC
    since 2020
    Last sale
    $185,000
    7 recorded transactions
    2020
    $185,000
    2017
    $119,000
    2017
    $86,000
    2011
    $175,000
    2010
    $170,000
    1969
    1969
    Zoning & alternative use
    RET01 · Stanley, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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