35 Catawba St, Belmont, NC 28012
This historic 2,051 square foot office building, built in 1875, is located at 35 E Catawba St, Belmont, NC 28012. Situated on a 0.46-acre lot, it's zoned NC-C, allowing for a mix of residential and commercial uses. The asking price is $825,000, translating to $402.24 per square foot. This property presents a unique investment opportunity in the heart of downtown Belmont, offering convenient access to both downtown Charlotte and Charlotte International Airport. Its versatile zoning allows for creative, medical, or traditional office uses, making it suitable for a variety of businesses. The building's rich history, as potentially the oldest home in Belmont, adds significant character and appeal. Consider the potential for both residential and commercial development within this established downtown location. The property's size and zoning provide flexibility for a range of development scenarios, capitalizing on the growing demand for mixed-use spaces in this vibrant area. This is a rare chance to acquire a piece of Belmont's history and shape its future.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.