INNOVATE Real Estate
Front - Shelby
Central Shelby Historic District - Shelby
Front Doors - Shelby
Stage - Shelby
Staircase - Shelby
Balcony - Shelby
Ceiling - Shelby
None at Shelby, photo 8 of 9
None at Shelby, photo 9 of 9
9 photos

$199,000

Shelby, NC 28150
Listed by Sharon Wilson · Foothills Commerical Real Estate LLC
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1936

About this home

Please note: The building is in need of extensive renovations, however, the building features a new roof, offering a solid starting point for redevelopment. This is an ideal project for developers, investors, or visionary buyers looking to restore a historic gem and bring to new life a cornerstone of Shelby’s uptown. The property is zoned commercial business, opening up the possibilities for entertainment, retail, event space, or adaptive reuse (subject to protective covenants specifically for the Rogers Theater held by Uptown Shelby Association). Located within walking distance to restaurants, shops, and other attractions, the Rogers Theater sits in a vibrant area primed for revitalization.

Property details

MLS #
CAR4258335
Property type
None
Subdivision
N/A
Status
Active
Days on market
355
On market date
May 14, 2025
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A

Location

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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Graham Elementary
1.2 mi away · Grades -1-4
Zoned school (attendance boundary, 2015-16 data)
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
209
Student:teacher ratio
12.3:1
District
Cleveland County Schools
Middle
Shelby Intermediate
2.63 mi away · Grades 5-6
Zoned school (attendance boundary, 2015-16 data)
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
412
Student:teacher ratio
13.7:1
District
Cleveland County Schools
High
Cleveland ECHS
2.71 mi away · Grades 9-13
Zoned school (attendance boundary, 2015-16 data)
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
215
Student:teacher ratio
21.5:1
District
Cleveland County Schools

Walkability

Blended score for Shelby's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

69
Walkable
out of 100
EPA National Walkability Index
9.5 / 20 -- Below average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores8
Parks7
Schools4
Transit stops12
Pharmacies10

Market position

How this listing compares to current activity in Shelby, from live MLS data.

On the market 355 days -- 256 more days than Shelby's current average of 99 days.
For reference, the median list price across 284 active listings in Shelby right now is $289,250.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$1,348/mo
$39,800 down
$159,200 loan
Principal & interest$1,033
Property tax (est.)$166
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated May 5, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.