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.
Active
$279,000
505 S Lafayette St, Shelby, NC 28150
0beds
1,780sqft
Single Family Residence
Built in 1930
0.18 Acres Lot
$-- Zestimate®
$157/sqft
$-- HOA
What's special
Beautifully renovated brick property
- 105 days
- 50
- 1
Zillow last checked:
Listing updated:
Listed by:
Cindy Hogston cynthia.hogston@exprealty.com,
EXP Realty LLC
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4387366
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 2
- 1/2 bathrooms: 2
Bathroom full
- Level: Main
Bathroom full
- Level: Main
Kitchen
- Level: Main
Kitchen
- Level: Main
Office
- Level: Main
Office
- Level: Main
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Refrigerator
- Laundry: None
Features
- Has basement: No
- Fireplace features: Other - See Remarks
Interior area
- Total structure area: 1,780
- Total interior livable area: 1,780 sqft
- Finished area above ground: 1,780
- Finished area below ground: 0
Property
Parking
- Parking features: Parking Space(s)
Accessibility
- Accessibility features: Handicap Parking, Ramp(s)-Main Level
Features
- Levels: One
- Stories: 1
Lot
- Size: 0.18 Acres
Details
- Parcel number: 72354
- Zoning: GB (General Business)
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick Full
- Foundation: Crawl Space
Condition
- New construction: No
- Year built: 1930
Utilities & green energy
- Sewer: Public Sewer
- Water: City
Community & HOA
Community
- Subdivision: none
Location
- Region: Shelby
Financial & listing details
- Price per square foot: $157/sqft
- Tax assessed value: $243,539
- Annual tax amount: $2,423
- Date on market: 5/28/2026
- Cumulative days on market: 105 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Asphalt, Concrete
Estimated market value
Not available
Estimated sales range
Not available
$1,920/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/28/2026 | Listed for sale | $279,000+179%$157/sqft |
Source: | ||
| 12/16/2011 | Sold | $100,000$56/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,423 +36.9% | $243,539 +64.9% |
| 2024 | $1,770 +0.6% | $147,667 |
| 2023 | $1,761 -0.6% | $147,667 |
| 2022 | $1,770 | $147,667 |
| 2021 | $1,770 -0.9% | $147,667 +2.2% |
| 2020 | $1,787 | $144,527 |
| 2019 | $1,787 | $144,527 |
| 2018 | $1,787 +2.1% | $144,527 |
| 2017 | $1,750 | $144,527 |
| 2016 | $1,750 | $144,527 +31.6% |
| 2015 | $1,750 | $109,812 |
| 2014 | $1,750 | $109,812 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 28150
Nearby schools
Schools provided by the listing agent
- Middle: Shelby
- High: Shelby
Source: Canopy MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





