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Property profile

35 Catawba St Belmont, NC 28012

OFF-MARKET
Office Spaces
Property ID
US53-1795035
0.46 ac lot Built 1875

Property summary

AI-generated overview

This unique 0.46-acre property at 35 E Catawba Street in Belmont, NC, presents a rare opportunity to acquire a piece of local history. Suspected to be Belmont's oldest home, dating back to 1868-1875, this property offers significant potential for adaptive reuse. The building, cherished by a single family for generations, boasts spacious interior rooms and a welcoming front porch, characteristic of its era. Currently zoned NC-C, the property allows for a blend of residential and commercial uses, making it ideal for a variety of ventures. Its prime downtown Belmont location provides easy access to the vibrancy of the town center, while also offering convenient proximity to Charlotte and Charlotte International Airport. The substantial size of the lot (0.46 acres) offers ample space for expansion or development, subject to local zoning regulations. This property is priced at $825,000 and presents a compelling investment opportunity for those seeking a blend of historical significance and future potential. The building's age and character offer a unique aesthetic, while the zoning allows for flexibility in its future use. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The square footage is not currently available.

Property profile

Verified
Property type Office Spaces
Year built 1875
Lot 0.46 ac (20,038 SF)
UPID US53-1795035

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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