Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    NoDa Bungalow For Sale Title is generated by Realmo AI

    600 E 35th Street, Charlotte, NC 28205

    View on Map
    Claim this Listing
    For Sale
    $695,000

    Charming 1900s bungalow in NoDa, ideal for creative commercial space.

    Added:
    Apr 29, 2025
    Days on Market:
    401
    Last Refresh:
    Mar 16 at 9:09 am

    Property Features for 600 E 35th Street

    General Information

    Standard status
    Active

    Building Details

    Year Built
    1900

    We can help!

    Listing Contact
    RUSTY GIBBS

    Listing agent RUSTY GIBBS

    Listing office THE NICHOLS COMPANY

    Listing date Apr 29, 2025

    Source Corcoran

    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 THE NICHOLS COMPANY

    HighLights

    • Prime NoDa location near bars, restaurants, shops, and the 36th Street light rail station.
    • Approved for light commercial use (studios, galleries, offices) with formal change‑of‑use.
    • Charming 1900s bungalow with original trim and twin gables.
    • Prominent corner lot offering visibility and character.
    • Versatile layout ideal for residential or commercial conversion.
    • Deep front porch and timeless curb appeal.

    Overview

    This quintessential 1900s bungalow is located in the vibrant NoDa neighborhood. The property, with approximately 1,462 square feet, sits on a prominent corner lot. It features hallmark early 20th-century details, a deep front porch, original trim, and twin gables. The interior layout is versatile and suitable for conversion to a creative commercial space. The City of CLT has approved light commercial uses, including studios, galleries, and offices, subject to a formal change-of-use. The property is located near NoDa’s iconic bars, restaurants, shops, and the 36th Street light rail station. It offers walkability, history, and future potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Wonderworld Film Film Production

    Suggested Use

    Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Accounting Firm Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Charlotte
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.8052
    Latitude
    35.2462

    Nearby Similar for Sale

    • $523,900

      University City Office Investment Package

      Tenant-occupied office condos in University City, great investment opportunity.
      1913 J N Pease Place, Charlotte, NC 28262
      View Details
    • $579,000
      1,650 SF

      South Charlotte Office/Warehouse Space

      End-unit office/warehouse near HWY-77 & HWY-485 interchange.
      362 Crompton Street, Charlotte, NC 28273
      View Details
    • $1,150,000

      Versatile Condo in Prime Location

      Two-level commercial space suitable for various professional or medical uses.
      5808 Monroe Road, Charlotte, NC 28212
      View Details
    • $2,500,000
      3,126 SF

      Retail Buildings in Charlotte, NC

      Two retail buildings on 0.733 acres in Charlotte, NC.
      2934 & 2938 Shamrock Drive, Charlotte, NC 28205
      View Details
    • $440,000
      1,800 SF

      East Charlotte Duplex Investment Opportunity

      Well-maintained duplex in East Charlotte with income potential.
      2929 Amity Garden Court, Charlotte, NC 28205
      View Details
    • $794,900
      4,010 SF

      New Construction Duplex in Charlotte

      New construction duplex with modern amenities and convenient location.
      339 & 343 Gray Drive, Charlotte, NC 28213
      View Details
    • $525,000

      Commercial Opportunity Near Uptown Charlotte

      Commercial property near Uptown Charlotte with flexible-use rooms and ample parking.
      738 Pierson Drive, Charlotte, NC 28205
      View Details
    • $375,000
      1,078 SF

      Charlotte Commercial Unit For Sale

      Commercial unit in Charlotte business park, suitable for office/commercial use.
      2915 Robin Road, Charlotte, NC 28211
      View Details
    • $349,900

      Acre Lot Multifamily Opportunity

      Multifamily property on a large lot backing Ribbonwalk Park.
      4019 Durham Lane, Charlotte, NC 28269
      View Details
    • $650,000

      New Construction Duplex Near Uptown

      New construction ranch-style duplex, ideal for investment or owner-occupancy.
      6016/6020 Paw Creek Road, Charlotte, NC 28214
      View Details
    • $675,000

      New Construction Charlotte Multifamily Property

      New construction duplex with detached ADU built in 2024.
      729 Wabash Avenue, Charlotte, NC 28208
      View Details
    • $519,000

      Duplex in Convenient Charlotte Location

      Duplex near schools, shopping, and dining in Charlotte, NC.
      5729 Brickstone Drive, Charlotte, NC 28227
      View Details

    FAQs

    What type of property is this?
    Creative space - Charming 1900s bungalow in NoDa, ideal for creative commercial space.
    Where is this creative space located?
    The property is located at 600 E 35th Street Charlotte, NC.
    What is the asking price?
    The asking price for this property is $695,000.
    What are key features of this property?
    This property features: Prime NoDa location near bars, restaurants, shops, and the 36th Street light rail station.; Approved for light commercial use (studios, galleries, offices) with formal change‑of‑use.; Charming 1900s bungalow with original trim and twin gables.
    We can help!
    Listing Contact
    RUSTY GIBBS
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    600 E 35th Street, Charlotte, NC 28205
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!