505 Lafayette Street, Shelby NC
- 2 Bath
- 1780 ft2
- 0.2 ac
For Sale $279,000
Remarks:
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.
General Information:
| List Price: | $279,000 |
| Status: | For Sale |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1780 sqft |
| Parking: | Parking Space(s) |
| MLS Number: | CAR4387366 |
| Subdivision: | none |
| Bathrooms: | 2 |
| Year Built: | 1930 |
| Sewer Type: | Public Sewer |
Assigned Schools:
| Elementary: | Unspecified |
| Middle: | Shelby |
| High: | Shelby |
Price & Sales History
| Date | Event | Price | $/SQFT |
| 06-08-2026 | Listed | $279,000 | $157 |
| 07-31-2025 | Listed | $335,000 | $189 |
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Pinnacle Classical Academy | 3 miles | KG-06 | 8 |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Properties For Sale Nearby
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 505 Lafayette Street, Shelby NC | 0 mi | $279,000 | days | |
| 326 Patton Drive, Shelby NC | 0.2 mi | $208,000 | days | |
| 319 Grice Street, Shelby NC | 0.3 mi | $284,995 | days | |
| 201 Washington Street, Shelby NC | 0.3 mi | $315,000 | days | |
| 218 Mcbrayer Street, Shelby NC | 0.4 mi | $360,000 | days | |
| 401 Holman Drive, Shelby NC | 0.4 mi | $289,900 | days |
Sold Properties Nearby
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
Commute Distance & Time
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Mortgage Calculator
| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
Demographic Data For Zip 28150
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Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Property Listing Information
A Courtesy Listing Provided By EXP Realty LLC
505 Lafayette Street, Shelby NC is a 1780 ft2 on a 0.180 acres Appraisal lot. This is for $279,000. This has 0 bedrooms, 2 baths, and was built in 1930.
Based on information submitted to the MLS GRID as of 2026-06-08 10:51:22 EST. 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. Some IDX listings have been excluded from this website.
Properties displayed may be listed or sold by various participants in the MLS.
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Neither Yates Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
