507 Lafayette StShelby, NC 28150

  • Retail properties
  • 3,306 SF
For Sale
$695,000 View listing

Property Details for 507 Lafayette St

Year built
1968
Lot size
0.17 AC
Property size (Sq ft)
3,306 SF
Zone code
GB
Property type
Retail properties
Property subtype
Auto shops
APN
72353
APU
72353

Description

This exceptional turnkey restaurant opportunity is situated in the heart of vibrant downtown Shelby, North Carolina. The property boasts a 0.2-acre lot at 507 S Lafayette Street and is ideally positioned for high visibility and foot traffic, benefiting from its proximity to shops, entertainment, and local attractions. The interior offers a fully equipped commercial kitchen ready for immediate operation, eliminating the need for extensive upfront investment. A well-appointed bar area complements the spacious dining room, currently configured to comfortably seat up to 50 patrons. The establishment maintains an impressive 97.5 sanitation score, demonstrating a commitment to hygiene and operational excellence. The open floor plan provides flexibility for diverse business concepts, from upscale dining to casual eateries or even a unique retail venture. Handicap accessibility is a key feature, ensuring inclusivity for all patrons. The potential for outdoor seating further enhances the property's appeal. This is a rare chance to acquire a thriving business location with minimal setup time, allowing immediate focus on operations and growth. The asking price is $695,000.

507 Lafayette St, Shelby, North Carolina

Location Insight

City
Shelby
County
Cleveland
State
North Carolina
Latitude
35.2858
Longitude
-81.5403
CBSA code
43140
CBSA name
SHELBY, NC MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$1,631
$63,013
$72,310
$135,323
-
$63,013
$72,310
$135,323

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