Property summary
This exceptional single-tenant retail or restaurant space, located at 518 E Main St in Lincolnton, NC, offers 2,245 square feet on a 0.45-acre lot. The property, built in 1977, is a Class B, single-story building with ample parking (33 spaces). The zoning is CBT, and the APN is 3633-04-1795. This presents a unique opportunity for a business seeking a prominent location in the Lincolnton submarket of Charlotte. The property is currently vacant and ready for immediate occupancy. Taxes are $2.20 per square foot. The property's strategic location offers high visibility and accessibility, making it ideal for a variety of retail or restaurant concepts. This is a sublease opportunity extending through March 31, 2035, providing a long-term commitment for the right tenant. The property's size and features make it a compelling option for businesses seeking a well-established presence in a thriving community. The property is situated within the Charlotte submarket, specifically the Lincolnton submarket cluster, and boasts a convenient location with easy access to major roadways and local amenities. The substantial parking available ensures ample space for customers and employees.
Property profile
VerifiedCap rate & NOI
Current use
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Take-out & Catering
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Restaurant Take-out & Catering
Location
Value estimations
Owner & transaction history
Zoning & alternative use
ct 153.109 RMF Residential Multi-Family District 153.110 R-O Residential Office District 153.111 O-I Office Institutional District 153.112 N-B Neighborhood Business District 153.113 C-B Central Business District 153.114…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
CBT · Lincolnton, NCct 153.109 RMF Residential Multi-Family District 153.110 R-O Residential Office District 153.111 O-I Office Institutional District 153.112 N-B Neighborhood Business District 153.113 C-B Central Business District 153.114…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
ct 153.109 RMF Residential Multi-Family District 153.110 R-O Residential Office District 153.111 O-I Office Institutional District 153.112 N-B Neighborhood Business District 153.113 C-B Central Business District 153.114…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CBT in Lincolnton, NC.
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