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    200 Matthews St Matthews, NC 28105

    For Sale
    $4,995,000

    High-Visibility Matthews Location, Endless Potential

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional 1.61-acre commercial property, located at 200 & 208 E Matthews Street in Matthews, NC, presents a remarkable investment opportunity. Priced at $4,995,000, this prime location offers unparalleled visibility and accessibility within a thriving commercial district. The property's versatility makes it suitable for a wide range of businesses, including but not limited to grocery stores and restaurants. Its strategic placement ensures a consistent flow of foot traffic and convenient customer access. Ample parking is available on-site, adding to the property's overall appeal and functionality. The existing building on the property is conveyed at no additional value, providing a blank canvas for development or renovation to suit a buyer's specific needs. This is a rare chance to acquire a high-impact commercial property in a dynamic and rapidly growing area of Matthews, NC. The property's size and location offer significant potential for long-term growth and profitability, making it an ideal investment for discerning buyers seeking a strong foothold in a desirable market. The property's prime location and ample parking make it an attractive option for a variety of commercial ventures. This is a unique opportunity to establish or expand a business in a highly visible and accessible location. Don't miss this chance to secure a valuable asset in a thriving commercial area.

    Property Features for 200 Matthews St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    70,132 SF

    Building Details

    Year Built
    1978
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Rose M. Leday, ... Psychiatrist East Coast Acquisition Telecommunications Service Provider Rose Marie Leday Psychologist Umami Sushi & Grill Japanese Restaurant Howell James D Attorney

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Wholesale Shop Spa & Massage Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Matthews
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.71913
    Latitude
    35.11724

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    FAQs

    What type of property is this?
    Commercial real estate - High-Visibility Matthews Location, Endless Potential
    Where is this commercial real estate located?
    The property is located at 200 Matthews St Matthews, NC.
    What is the asking price?
    The asking price for this property is $4,995,000.
    (704) 662-0095
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    200 Matthews St Matthews, NC 28105
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    Matthews, NC 28105
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    200 Matthews St Matthews, NC 28105
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