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Investment Highlights

  • history
  • Bank Building- Vault

Executive Summary

FOR SALE — 101 E FIRST STREET, LOWELL, NC A Timeless 1921 Landmark Ready for New Life Step into a rare piece of Lowell’s history. Originally built in 1921, this former bank building stands proudly at the corner of E First Street—marked with character, craftsmanship, and endless potential. The original bank vault still rests inside, a striking reminder of the city’s early commercial era. Positioned in the heart of Historic Downtown Lowell, this solid brick structure offers an exciting opportunity for investors, business owners, or developers looking to create something special in a growing, revitalizing community. LAYOUT & POTENTIAL • Up to 3 business spaces possible—ideal for retail, office, boutique, café, studio, salon, or professional services. • A separate, connecting doorway leads to 100 Main Street, giving the option to keep the spaces unified or operate them independently. • Upstairs area offers additional square footage—perfect for offices, co-working, creative studios, or potential future residential conversion (buyer to verify). • Strong street visibility with corner-lot presence—your signage and storefront will shine. • Walking distance to parks, city hall, local shops, and new development activity. Lowell is a community rich with mill-town roots, friendly neighbors, and a growing downtown footprint. Revitalization efforts have brought new local businesses, events, and investment interest. With quick access to I-85 and less than 20 minutes to Charlotte, this location blends small-town charm with big-city convenience. Whether you imagine a modern café tucked behind the old vault, trendy retail along Main Street, or a multi-tenant property… 101 E First Street is a rare canvas in a historic district full of possibility.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
4,270 SF
Building Class
C
Year Built
1921
Price
$575,000
Price Per SF
$134.66
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
14’
Building FAR
1.63
Lot Size
0.06 AC
Opportunity Zone
Yes
Zoning
RET01
Frontage
36’ on 1st St

Amenities

  • Bus Line
  • Freeway Visibility
  • Signage
  • Signalized Intersection
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Nearby Major Retailers

Altitude Trampoline Park
Shane's Rib Shack
Toyota Scion Of Gastonia

Property Taxes

Property Taxes

Parcel Number
128384
Land Assessment
$23,520
Improvements Assessment
$173,280
Total Assessment
$196,800
  • Listing ID: 38595913

  • Date on Market: 11/28/2025

  • Last Updated:

  • Address: 101 E 1st St, Lowell, NC 28098

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