108 E Main Ave - Retail FOR SALE


Gastonia, NC 28052- Downtown Gastonia
$500,000 USD
980-339-9174
108 E Main Ave, Gastonia, NC for Sale
$500,000 USD
Retail - FOR SALE
1/22
null | 8.04% Cap Rate

108 E Main Ave
Gastonia, NC 28052
Downtown Gastonia


HIGHLIGHTS

  • NNN Single-Tenant Retail Investment
  • Downtown Gastonia
  • Little to No Capital Improvements Needed

OVERVIEW

108 E. Main Ave. offers investors a rare, turnkey NNN retail investment in the heart of Downtown Gastonia, NC, priced at $500,000 with an 8.04% cap rate on $40,200 in annual in-place income. The lease is fully executed, the tenant is in occupancy, and zero landlord responsibilities exist from day one — making this one of the most accessible passive income opportunities currently available in the Charlotte MSA. Situated on E. Main Ave. in Gastonia’s primary downtown commercial corridor, the property benefits from strong street visibility in a city undergoing significant revitalization. Downtown Gastonia has seen sustained public and private investment across its arts, dining, and entertainment district, driving meaningful increases in foot traffic and retailer demand. With direct I-85 access and roughly 25 minutes to Charlotte’s urban core, the asset captures both local momentum and regional connectivity — a combination increasingly difficult to find at this price point. The building is well-maintained with no deferred maintenance, the HVAC was replaced in 2022, and the roof in 2015 — providing a clean physical profile with near-term capital risk largely mitigated. The property is fully occupied by Marty’s LLC, an established CBD retailer operating locations in both Gastonia and Hickory, NC. The tenant is on a three-year NNN lease commencing June 2025 with three one-year renewal options and a 3% annual rent escalation, personally guaranteed by the principal.

FOR SALE DETAILS

PRICE

$500,000 USD

PRICE/SF

$250 USD /SF

CAP RATE

8.04%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1912

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,178 SF

ZONING

CBD

APN/PARCEL ID

105652

ASK ABOUT THIS PROPERTY

Ryan PilsyColdwell Banker Commercial RealtyMore Info
980-339-9174

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Ryan PilsyColdwell Banker Commercial RealtyMore Info
980-339-9174

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.