704-331-1299
318 S South St, Gastonia, NC for Sale
Office - FOR SALE
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318 S South St
Gastonia, NC 28052
Downtown Gastonia


HIGHLIGHTS

  • Two-story masonry office building with 5,824 SF on 0.26 acres.
  • Ground floor features renovated keyman suites and shared amenities.
  • Upper floor leased to State Farm agency providing stable income.
  • Net Operating Income of $82,327.20 for 2026.
  • Located near Downtown Gastonia with access to I-85 and Charlotte Douglas International Airport.
  • Updated finishes, keypad-access entry, and dedicated on-site parking.

OVERVIEW

Ground Floor: Move-in ready keyman suites varying in size and orientation. The offices were recently renovated with a common area break room, utility room and multiple restrooms. The ground floor offers tenants smaller office suites and flexible coworking opportunities within am professional business environment. All tenants have secured keypad access from a large, dedicated parking lot. Upper Floor: Exclusively leased to a local State Farm agency that has served as the legacy property tenant. While the lease is with an individual agent rather than State Farm corporate, the tenant benefits from the operational support, brand strength, and business model stability of one of the largest insurance companies in the United States. State Farm agents typically maintain long-term office locations tied to their book of business, and this renewal further confirms the tenancy’s stability.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1952

SPRINKLERS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,326 SF

ZONING

UMU

APN/PARCEL ID

108635

ASK ABOUT THIS PROPERTY

Alek SalfiaCBREMore Info
704-331-1299

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Alek SalfiaCBREMore Info
704-331-1299

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