Two-Building Mixed-Use Office
2213-2219 Park Road Unit 27/28 Charlotte, NC 28203
2213-2219 Park Road Unit 27/28, Charlotte, NC, 28203
$1,800,000
For Sale
$1,800,000
Two adaptable commercial buildings with original hardwood flooring and grandfathered multifamily use on Park Road.
Property Size4,073 SF
Price / SF$441.93
Days on Market23
Property Features for 2213-2219 Park Road Unit 27/28
General Information
- Standard status
- Active
- Size
- 4,073 SF
- Property subtype
- Office
Building Details
- Year Built
- 1945
Listing agency
Geoff Campbell Realty Inc
(704) 621-9092
Listed by
Josh Campbell
(704) 621-9092
Source
Blackstreaminternational
Added: Jun 30 Updated: Jul 20 at 10:35PM Checked: Jul 22 at 5:13AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Geoff Campbell Realty Inc
Investment Insights
Based on property information with market context.
This sale includes two commercial buildings at 2213–2219 Park Road, offering highly adaptable space with grandfathered multifamily use. The properties are described as well-suited for office, boutique retail, wellness, creative studio, or professional service occupancy, while maintaining the character of original residential layouts. Original hardwood flooring throughout both buildings is a notable interior feature.
The property is located in Charlotte’s Historic Dilworth neighborhood. The setting supports a distinctive urban presence along Park Road.
From a practical configuration standpoint, the offering combines two structures into a single investment and ownership opportunity, with flexibility driven by the existing building layouts and the noted grandfathered multifamily use.
The property is located in Charlotte’s Historic Dilworth neighborhood. The setting supports a distinctive urban presence along Park Road.
From a practical configuration standpoint, the offering combines two structures into a single investment and ownership opportunity, with flexibility driven by the existing building layouts and the noted grandfathered multifamily use.
Key Highlights
- Two adaptable commercial buildings at 2213‑2217 Park Road in Charlotte’s Historic Dilworth neighborhood
- Grandfathered multifamily use for added flexibility for investors or owner‑users
- Year built: 1945
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $100.2k | $24.60 |
| − Vacancy | −$2.8k | −$0.68 |
| EGI | $97.4k | $23.92 |
| − OpEx | −$29.2k | −$7.18 |
| NOI | $68.2k | $16.74 |
4,073 SF · lease $24.60/SF/yr · vacancy 2.77% · expense 30.00%
Alternative Uses
Best Use
Retail
$974.2K
$852.4K – $1.14M
NOI $68,194 @ 7.0% cap · market cap 3.79%
Second Best
Office B
$898.6K
$786.3K – $1.05M
NOI $62,903 @ 7.0% cap · market cap 3.49%
Theoretical Best
Office A
$1.36M
$1.19M – $1.58M
NOI $94,942 @ 7.0% cap · market cap 5.27%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Two adaptable commercial buildings with original hardwood flooring and grandfathered multifamily use on Park Road.
Where is this office building located?
The property is located at 2213-2219 Park Road Unit 27/28 Charlotte, NC.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Two adaptable commercial buildings at 2213‑2217 Park Road in Charlotte’s Historic Dilworth neighborhood; Grandfathered multifamily use for added flexibility for investors or owner‑users; Year built: 1945
