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Property profile & analytics
FOR SALE
Retail space

505 Main St Canton, NC 28716

2,219 SF 0.08 ac lot Built 1930
Entity Owned Free & Clear
Property ID
US53-5760418
Property summary
AI-generated overview

This exceptional three-story commercial building, located at 505 Main Street in the heart of Canton, NC, presents a remarkable investment opportunity. Boasting a prime corner location, this property benefits from significant daily vehicle and pedestrian traffic, ensuring high visibility and accessibility. The building offers a versatile floor plan suitable for a variety of uses, including retail, office space, showroom, or storage. The main floor features expansive display windows facing two major downtown roads, providing excellent storefront appeal. Convenient amenities include dressing rooms and two bathrooms on the main level. The lower level also includes a large display window, maximizing natural light and showcasing opportunities. Ample storage space is available throughout the building. The property includes two parcel identification numbers: 8657-81-5032 and 8657-81-4084. The building is equipped with natural gas, a boiler system comprising three gas furnace units, and central air conditioning, ensuring year-round comfort and efficiency. This property's strategic location, versatile layout, and desirable features make it an ideal investment for discerning buyers seeking a high-traffic, downtown Canton location. The lot size is 0.16 acres. The asking price is $899,999.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1930
Total area 2,219 SF
Lot 0.08 ac (3,485 SF)
Zoning code CNC-1
APN 8657-81-5032
UPID US53-5760418
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
141 Main LLC
141 Main LLC
since 2025
3 recorded transactions
2025
Price N/A
2014
Price N/A
2006
$39,000
Zoning & alternative use
CNC-1 · Canton, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source CHAPTER 4 Zoning
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