212 Main StLincolnton, NC 28092

Property Details for 212 Main St

Year built

1930

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.27 AC

Property size (Sq ft)

10,065 SF

Zone code

C-B

Property type

Office buildings

APN

18063

APU

18063

Description

This exceptional commercial property, located in the vibrant Social District of Lincolnton at 212 E Main St, offers a unique opportunity for businesses seeking prime office space. The two-story building, encompassing 15,100 square feet, sits on a 0.27-acre lot (11,672 sq ft) and is zoned C-B. Currently, there is 1,500 square feet of vacant space available, divisible into units ranging from 250 to 950 contiguous square feet. The building features convenient hallway restrooms and a shared conference room, ideal for collaborative work environments. Individual office suites are available for lease at varying rates: $500, $650, and $850 per month, depending on size. Alternatively, the entire second floor (approximately 1,500 square feet) can be leased for $1750 per month. This location provides excellent visibility and accessibility, overlooking Main Street in the heart of Lincolnton's bustling downtown area. The property's address is 212 E Main St, Lincolnton, NC 28092. The property's APN is 18063. This is a mixed-use property with executive office space available. The building consists of one structure with two stories. This presents a fantastic opportunity for businesses of all sizes seeking a prominent location in a thriving community. The flexible lease options cater to diverse needs, making this an attractive investment for both established companies and startups.

• CAP approach

  CAP return

  Valuation

  6%

  $2,351,753

  6.5%

  $2,170,848

  7%

  $2,015,788

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,704,407

  Geo Method

  $1,704,407

• Alternative Use

  Use

  Valuation

  Residential

  $2,691,852

  Hospitality

  $2,465,722

  Educational

  $2,051,452

  Medical

  $2,122,004

  Retail

  $3,191,148

Location Insight

City

Lincolnton

County

Lincoln

State

North Carolina

Latitude

35.4716

Longitude

-81.2549

CBSA code

16740

CBSA name

CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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