505 S Lafayette Street, Shelby, NC 28150 | MLS #4387366 | Ivester Jackson Blackstream
 
Listing provided courtesy of EXP Realty LLCMLS# 4387366MLS ProviderContact Information: [email protected]
  • 32 days on site
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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.

Source: Canopy MLS, MLS#: 4387366

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  • Property Type
    Residential

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  • Median Age
    46
  • Population Density
    253
  • College Educated
    34%
  • Estimated Median Income
    $38,492
  • Estimated Total Home Owners
    7,216
  • Estimated Total Renters
    3,672
  • Owner / Renter Divide
    66% / 34%
  • Estimated Average Household Size
    3
  • Total Population
    27,400
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% 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. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 505 S Lafayette Street


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
5/28/2026Source: Canopy MLS Added to Database
May 28, 2026