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Mixed-Use Property with Warehouse Space
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400 E Franklin Street, Monroe, NC 28112

Office suites, shop areas, and a detached storage building provide a mix of workspace and support space.

Property SizeContact for details
Days on Market5

Property Features for 400 E Franklin Street

General Information

Standard status Active
Property subtype Office, Industrial
Listing Agency: Walt Perry Realty
Listed By: Jesse Perry · License #NC 151915
Source: Crexi
Added: Sep 23 Changed: Sep 26 Last Checked: Sep 26 at 2:30PM

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 Walt Perry Realty

Investment Insights

Based on property information with market context.

This mixed-use property in Monroe combines professional office suites with shop and warehouse areas. A fenced rear access area and a separate storage building add to the site’s existing configuration. The warehouse and shop component is subject to confirmation with City Planning for continued operation, expansion, or a change in use.

The property is at Monroe’s Five Points intersection, less than one mile from downtown. Atrium Health Union is approximately two miles away, and Charlotte is approximately 27 miles away. The site falls within a proposed 2026 Opportunity Zone nomination area; final designation and property eligibility are not assured.

A Phase I Environmental Site Assessment has been completed, with no Phase II recommended. The report is available upon request, and additional environmental investigation may be pursued during due diligence.

Key Highlights

  • Office suites alongside shop and warehouse areas
  • Fenced rear access and detached storage building
  • At Monroe’s Five Points intersection, less than one mile from downtown

Property Analytics

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Current Use

CarryAll Patient Carts Hospital Allred Sheet Metal ... Metal Fabrication Plant Parker Accounting & Tax ... Tax Preparation Delwood Mechanical Inc. Hardware & Home Improvement Levi & Sons Plumber's ... Plumbing Service

Suggested Use

Top Pick Electrical Service Skin Care Clinic Parking Lot & Garage Storage Facility Locksmith (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

814
Businesses Nearby

Demographics for 28112, NC

27,126
Population
11,021
Households
2.5
Avg Household Size
40
Median Age
21%
College-Educated
85%
High-School Grad
132.1 sq mi
ZIP Area
205
Density / Sq Mi
$74,853
Median Household Income
$42,046
Median Earnings
$1,124
Median Rent
$272,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Office suites, shop areas, and a detached storage building provide a mix of workspace and support space.
Where is this mixed-use property located?
The property is located at 400 E Franklin Street Monroe, NC.
What is the asking price?
The asking price for this property is $620,000.
What are key features of this property?
This property features: Office suites alongside shop and warehouse areas; Fenced rear access and detached storage building; At Monroe’s Five Points intersection, less than one mile from downtown
(704) 283-8181 Call to check price and availability
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