107 W Warren Street, Shelby, NC 28150 | 3773530 | Ivester Jackson Blackstream

107 W Warren Street $674,900

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    107 W Warren Street Shelby, NC 28150

    • 12,100 sq. ft.
    • 0.13 Acres
    • Commercial
    • MLS# 3773530
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    Views: 34 Days On Site: 110

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    Property Details

    The "J.C. Penney Building" is located at the busy corner of Lafayette St/NC-18 and Warren St, directly across from the Earl Scruggs Center. The building has been a retail hub since the early 1930s and is within walking distance of restaurants, entertainment, and shopping. The property was built to the design specifications of the J.C. Penney Corporation who occupied it for over 55 years, and is now a contributing property in the Central Shelby Historic District on the National Register of Historic Places. 12,100 sf across 4 floors (including mezzanine and basement). 11,000 AADT on Lafayette and 4,600 AADT on Warren St (2016). The current owner has remodeled the space (ceilings, walls, heat, air conditioning, and bathrooms). Rooftop space is being created that will include safe access, railings, and a stage. Nearby business include an award winning brewery, pet store, a beer/wine bar, restaurants, and local artist cooperative. This property is located in an opportunity zone.

    • General Features
      • Year Built 1934
      • New Construction Y/N false
    • Building Features
      • Accessibility Features Doors-Recede
      • Building Area Total 12100
      • Cooling Central Air
      • Roof Flat
      • Living Area 12100
      • Heating Electric
      • Flooring Carpet, Wood
    • Property Features
      • Utilities Cable Available, City Sewer, City Water, Telephone On-Site

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    Neighborhood

    28150 (Shelby) Demographics

    46 Median Age
    249 Population Density (per sq. mile)
    32% College Educated
    $38,740 Estimated Median Income
    6,982 Estimated Total Home Owners
    3,582 Estimated Total Renters
    66% / 34% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    26,965 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $192,500 Median Sales Price
    26 Homes Sold
    32 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $674,900
        8/12/2021 4:08:00 PM New in Database Source: Multiple Listing Service New Value: $674,900

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        **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        IDX Based on information submitted to the MLS GRID as of 11/30/2021 1:00:29 PM. 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. © 2021

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.