707 Lafayette St E E Ste Shelby, NC 28150-5800
This exceptional retail opportunity presents a 2,000-square-foot double-unit storefront located at 707 S. Lafayette Street, Suite C, in Shelby, North Carolina. The property is a Class B building, offering a single-story layout with two units. Recently updated in March, the roof and electrical systems are in excellent condition. Priced at $200,000, this investment boasts a prime location at the intersection of W. Dixon Blvd and S. Lafayette St, a high-traffic area with a reported 38,000 vehicles per day passing the traffic light. The property's 2,000 square feet provides ample space for a variety of retail uses, making it an ideal investment for entrepreneurs seeking a thriving location in a bustling area of Shelby, Cleveland County, NC, zip code 28150. This double-unit configuration offers flexibility for multiple tenants or a single large-scale operation. The recent upgrades ensure minimal maintenance costs, maximizing return on investment. Don't miss this chance to own a piece of Shelby's vibrant retail scene.
-
Shelby Post 82 Baseball Gym & Fitness Center Sports School
-
Legendary Custom Brands (Bike/Boat/Book/etc) Store
-
duplicate listing Bank Credit Union
-
Numbers Bookkeeping and Income Tax Services LLC Accounting Firm
-
Business Consulting Group, INC. Business Management Consultant Corporate Office
The GB business district is established as a district in which to accommodate a wide range of retail business, professional and personal services office and limited wholesale and warehousing uses, areas zoned as GB are generally located on the fringe of the central business district and along major highway corridors, residential uses are permitted at the sam…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
GB · Shelby, NCThe GB business district is established as a district in which to accommodate a wide range of retail business, professional and personal services office and limited wholesale and warehousing uses, areas zoned as GB are generally located on the fringe of the central business district and along major highway corridors, residential uses are permitted at the same density and according to the same dimensional requirements as the R6 residential district
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.