Listing Agency: Romans Properties LLC

Listed By: Chris Orr · License #NC 192220 Show Phone

Source: Crexi

Added: Apr 23, 2024 Changed: Oct 6 Last Checked: Oct 19 at 6:47AM

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Investment Insights

Based on property information with market context.

A 2,664 square foot office condominium is available for sale or lease within the historic Charlotte National Building. The property is suitable for commercial real estate purposes.

Key Highlights

• 2,664 SF Office Condo
• For Sale or Lease
• Historic Charlotte National Building

Property Analytics

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Current Use

John W. Hall, ... Physician Tom Stagg, LCSW Psychotherapist Southern Elevator Group General Contractor Flex5 By PetroFitness Gym & Fitness Center Milsaps & Bratton PLLC Law Firm

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Auto Parts Store Electrical Service (Bike/Boat/Book/etc) Store Veterinary Clinic

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

6,487

Businesses Nearby

Explore this area Business Placement

Demographics for 28202, NC

16,447

Population

11,490

Households

1.4

Avg Household Size

31

Median Age

64%

College-Educated

95%

High-School Grad

1.8 sq mi

ZIP Area

9,137

Density / Sq Mi

$101,711

Median Household Income

$67,683

Median Earnings

$1,862

Median Rent

$425,900

Median Home Value

Market

Vacancy Rate% for Office in Charlotte, NC

10.2% 2019

13.1% 2020

17.5% 2021

17.7% 2022

22.8% 2023

24.6% 2024

24.6% 2025

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Frequently Asked Questions

What type of property is this?

Office unit - 2,664 SF office condo in historic Charlotte building.

Where is this office unit located?

The property is located at 428 E 4th St Charlotte, NC.

What is the asking price?

The asking price for this property is $415,000.

What are key features of this property?

This property features: 2,664 SF Office Condo; For Sale or Lease; Historic Charlotte National Building