Description
Welcome to downtown Shelby, where historic charm and modern updates come together in this beautifully renovated brick property. Filled with character and timeless appeal, this unique space offers endless possibilities — whether you are seeking office space, an investment opportunity, or the chance to create something entirely your own. Currently zoned General Business (GB), the city zoning also permits residential use, offering exceptional flexibility for future owners. The building is presently configured as two office suites, with one side occupied on a short-term lease, but it could easily be converted back into a single residential space. Rich in history and architectural character, the property is included on the National Register of Historic Places Continuation Sheet, further enhancing its distinctive appeal and connection to the heritage of downtown Shelby. Conveniently located approximately 0.5 miles from US-74 and just outside the Central Shelby Historic District, the property provides easy access to local dining, shopping, and the vibrant energy of downtown living. Whether you envision a professional office, boutique business, income-producing investment, live/work concept, or charming downtown residence, this versatile property presents a rare opportunity to own a piece of Shelby’s history while enjoying the convenience and growth of one of the area’s most desirable downtown locations.
Address
Open on Google Maps-
Address: 505 S Lafayette Street
-
City: Shelby
-
State/county: NC
-
Zip/Postal Code: 28150
-
Area: NONE
Details
Updated on June 25, 2026 at 5:35 pm-
Property ID 4387366
-
Price $279,000
-
Bathrooms 2
-
Year Built 1930
-
Property Type Single Family Residence, Residential
-
Property Status Active, For Sale
Additional details
-
Listing Terms Cash, Conventional, FHA, VA Loan
-
Sewer Public Sewer
-
Cooling Central Air
-
Heating Central
-
County Cleveland
-
Property Type Residential
-
Parking Parking Space(s)
-
Elementary School Unspecified
-
Middle School Shelby
-
High School Shelby
Features
Mortgage Calculator
-
Down Payment
-
Loan Amount
-
Monthly Mortgage Payment
-
Property Tax
-
Home Insurance
Contact Information
View ListingsSimilar Listings
2206 Hillside Drive, Dallas, North Carolina 28034
2206 Hillside Drive, Dallas, NC 28034, Dallas, NC- Beds: 3
- Baths: 4
- Single Family Residence, Residential
1259 Dorchester Road, Gastonia, North Carolina 28056
1259 Dorchester Road, Gastonia, NC 28056, Gastonia, NC- Beds: 3
- Baths: 4
- Single Family Residence, Residential
408 Rhyne Street, Stanley, North Carolina 28164
408 Rhyne Street, Stanley, NC 28164, Stanley, NC- Beds: 2
- Bath: 1
- Single Family Residence, Residential
206 Cedar Street, Belmont, North Carolina 28012
206 Cedar Street, Belmont, NC 28012, Belmont, NC- Beds: 2
- Baths: 2
- Single Family Residence, Residential
- The Simpson Group Realty