Downtown Shelby Office/Retail Building

505 S Lafayette St Shelby, NC 28150

505 S Lafayette St, Shelby, NC, 28150
505 S Lafayette St, Shelby, NC, 28150 505 S Lafayette St, Shelby, NC, 28150 505 S Lafayette St, Shelby, NC, 28150 505 S Lafayette St, Shelby, NC, 28150 505 S Lafayette St, Shelby, NC, 28150 505 S Lafayette St, Shelby, NC, 28150 505 S Lafayette St, Shelby, NC, 28150 505 S Lafayette St, Shelby, NC, 28150 505 S Lafayette St, Shelby, NC, 28150 505 S Lafayette St, Shelby, NC, 28150 505 S Lafayette St, Shelby, NC, 28150 505 S Lafayette St, Shelby, NC, 28150 505 S Lafayette St, Shelby, NC, 28150 505 S Lafayette St, Shelby, NC, 28150 505 S Lafayette St, Shelby, NC, 28150 505 S Lafayette St, Shelby, NC, 28150 505 S Lafayette St, Shelby, NC, 28150 505 S Lafayette St, Shelby, NC, 28150 505 S Lafayette St, Shelby, NC, 28150 505 S Lafayette St, Shelby, NC, 28150 505 S Lafayette St, Shelby, NC, 28150 505 S Lafayette St, Shelby, NC, 28150 505 S Lafayette St, Shelby, NC, 28150 505 S Lafayette St, Shelby, NC, 28150 505 S Lafayette St, Shelby, NC, 28150 505 S Lafayette St, Shelby, NC, 28150 505 S Lafayette St, Shelby, NC, 28150
FOR SALE
Property Type:
Multi Tenant Office
Amount:
$279,000
Last Verified:
Oct 28, 2025

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Highlights

  • Downtown office/retail
  • Two suites
  • Easily revert to single floorplan
  • Short-term lease in effect (Suite A)

Description

Renovated brick office building in downtown Shelby. Currently set up as two suites, with one side on a short-term lease, it can easily revert to a single-unit floor plan for commercial or residential use.

Located in what is considered the western edge of the Charlotte, NC statistical area, the building is ~ 0.5 miles from US 74 and 0.25 miles outside the Central Shebly Historic District.

Nestled in the heart of downtown Shelby, a vibrant hub for businesses. The office spaces here blend modernity and tradition, offering a unique work environment that fosters creativity and productivity. With its rich history, Shelby provides a charming backdrop for businesses, from startups to established corporations.


Year Built: 1930
Building Size: 1470sq ft
Building Class: B
Lot Size: 0.18 acres


Documents

505 S Lafayette - OM.pdf
505 S Lafayette Preliminary Plat (2012).pdf

Map of 505 S Lafayette St, Shelby, NC, 28150

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.