108 E. Main Ave

For Sale

108 E Main Ave, Gastonia, NC 28052

This Gastonia property for sale is located at 108 E Main Ave. The current listed sale price for 108 E. Main Ave is $500,000.

Contacts

Ryan Pilsy

Coldwell Banker Realty

Property Details

  • Property Type Other
  • Year Built 1912
  • Date Updated May 15, 2026
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.
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Highlights

  • 8.04% CAP Rate • $40,200 ($3,350/month) Annual NOI • 1,767 total SF • CBD Zoning (Central Business District) • 3 year initial lease term with 3 (three) 1-year options. 3% annual escalations. • Absolute NNN – tenant responsible for all expenses • HVAC replaced 2022 • Roof replaced 2015 ...
  • Age: Over 50 Years Old
  • Sewer: City
  • Water: City Water

Attachments

Getting around

  • 74/100

    Walk Score ®

  • 48/100

    Bike Score ®

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Location

  • City Gastonia, NC
  • Zip Code 28052

Points of Interest

  • QuikTrip

    0.30 miles

  • Citgo

    1.24 miles

  • Kangaroo

    1.58 miles

  • Southern Star

    2.12 miles

  • Fastop

    2.17 miles

  • Murphy USA

    2.39 miles

  • Speedway

    2.45 miles

  • Shell

    2.71 miles

  • Linwood Road Access

    5.20 miles

  • The Esquire Hotel, Ascend Hotel Collection

    0.08 miles

  • The York Chester Inn

    0.31 miles

  • Midtown Moter Inn

    0.32 miles

  • Quality Inn

    1.31 miles

  • Rodeway Inn

    1.49 miles

  • WoodSpring Suites Charlotte Gastonia

    1.54 miles

  • Motel 6 Gastonia, NC

    1.57 miles

  • Holiday Inn Express Charlotte West - Gastonia

    1.60 miles

  • Red Carpet Inn & Suites

    1.60 miles

  • Best Western Gastonia

    2.00 miles

  • Food Lion

    0.76 miles

  • Save-A-Lot

    0.77 miles

  • Eastridge Mall

    1.92 miles

  • ALDI

    2.17 miles

  • Lidl

    2.30 miles

  • Target

    2.44 miles

  • Walmart Supercenter

    2.52 miles

  • Wow Supermarket

    2.63 miles

  • Big Lots

    2.69 miles

  • Ross

    3.38 miles

Contact Listing Broker
Ryan Pilsy

Coldwell Banker Realty

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