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131 W Marion Street

Shelby, NC 28150
  • $350,000
  • STATUS: Active
  • ON SITE: 225 Days
  • ID#: 4158600
Price Reduced
UPDATED: 22 min ago
$350,000
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1925
County:
Area:

School Ratings & Info

Canopy MLS logo Offered by Foothills Commerical Real Estate LLC: 980-404-1111. Copyright 2025 Canopy MLS. All rights reserved.

Description

Fully leased income property located in uptown Shelby. 131 W. Marion Street (2 units) Current annual rent = $29,220 NOI = $22,365 Cap Rate = 6.4%

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MLS Grid logo Based on information submitted to the MLS GRID as of 2025-02-18T13:33:59.09 UTC. All data is obtained from various sources and may not have been verified by 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.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Rowena Patton's Allstar Powerhouse brokered by eXp nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data 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. © 2025 Canopy MLS.

Some IDX listings have been excluded from this website.

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131 W Marion Street Shelby, NC 28150

  • Price: $350,000
  • Status: Active
  • On Site: 225 Days
  • Updated: 22 min ago
  • ID#: 4158600
0
Beds
0
Baths
0
½ Baths
0.06
Acres
1925
Built
County:
Cleveland
Area:
Shelby
Property Description
Fully leased income property located in uptown Shelby. 131 W. Marion Street (2 units) Current annual rent = $29,220 NOI = $22,365 Cap Rate = 6.4%
Exterior Features

Carport YN No Construction Materials BlockBrick Partial Foundation Details Crawl Space Other Parking On-Street Parking Road Frontage Type City Street Road Responsibility Publicly Maintained Road Road Surface Type Paved Roof Rubber

Interior Features

Basement YN No Building Area Total 2482 Cooling Multi Units Flooring ConcreteLaminate Heating Central Office Sq Ft 2482

Property Features

Accessibility Features Two or More Access Exits Auction YN No CCRSubject To No City Taxes Paid To Shelby Commercial Location Description Central Business District Flood Plain No Gross Income 28020 Hoa Subject To None Inclusions BuildingLand Inside City YN Yes Lease Considered YN No Listing Terms CashConventional New Construction YN No Property Sub Type Office Rail Service No Restrictions No Restrictions Restrictions Description None Senior Community YN No Sewer Public Sewer Special Listing Conditions Subject to Lease Utilities Cable ConnectedElectricity ConnectedUnderground Power LinesWired Internet Available Water Source City Zoning CB



MLS Grid logo Based on information submitted to the MLS GRID as of 2025-02-18T13:33:59.09 UTC. All data is obtained from various sources and may not have been verified by 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.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Rowena Patton's Allstar Powerhouse brokered by eXp nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data 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. © 2025 Canopy MLS.

Some IDX listings have been excluded from this website.

Digital Millennium Copyright Act
 
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Rowena Patton's Allstar Powerhouse brokered by eXp
56 Central Avenue, Ste 201
Asheville NC, 28801
Canopy MLS logo Offered by Foothills Commerical Real Estate LLC: 980-404-1111. Copyright 2025 Canopy MLS. All rights reserved.