Active

5 N Lafayette Street

Shelby NC, 28150

$1,100,000


$84.09 per sqft

Active

13,082 sqft

Commercial

Built in 1925

Portfolio of 3 Income Properties. All located in uptown Shelby, within 2 blocks of each other.
5 N. Lafayette Street (13 units)
200 W. Marion Street (2 units)
131 W. Marion Street (2 units)

Current annual rent = $137,040
NOI = $96,768
Cap Rate = 8.8%

4158600

MLS ID

July 7, 2024

Listed

August 23, 2024

Updated

Map

5 N Lafayette Street
Shelby NC, 28150

Interior Features

Total Stories

2


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.46 Acres

Other Property Details

Garage

No


View

No


County

Cleveland


Pool

No


Zoning

CB

Courtesy of Foothills Commerical Real Estate LLC with Bill McCarter, Spencer Borders
Listing Contact: [email protected] 

 

The data relating to real estate on this Website derive in part from the  Canopy MLS, Inc IDX program. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID and the use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. Based on information submitted to the MLS GRID as of 8/23/2024, 1:19 PM UTC. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Offer of compensation is made only to participants of the MLS where the listing is filed. Listings courtesy of Canopy MLS as distributed by MLS GRID. 

DMCA Notice

©2024  Canopy MLS, Inc. All rights reserved. 

Powered byLuxury Presence