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Warehouse with Grade-Level Doors
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700 N Summit Ave, Charlotte, NC 28216

The building offers adaptive reuse or redevelopment potential under I-2 Restrictive zoning.

Property Size31,206 SF
Lot Size1.52 Acres
Days on Market144

Property Features for 700 N Summit Ave

General Information

Standard status Active
Size 31,206 SF
Lot size 1.52 Acres
Property subtype Industrial
Zoning I-2 Restrictive

Warehouse & Industrial

Clear Height 22 ft
Drive-In Doors 3

Building Details

Year Built 1948
Buildings 1
Building Size 31,206 SF
Listing Agency: The Nichols Company
Listed By: Lauren Bremer · License #NC 320844
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 6:57PM

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

Investment Insights

Based on property information with market context.

Built in 1948, this warehouse contains 31,206 SF on a 1.52-acre site. The building includes 22-foot clear heights and three grade-level doors, providing a substantial industrial configuration for continued warehouse use or an adaptive reuse or redevelopment plan. I-2 Restrictive zoning applies to the property.

The site is located at 700 N Summit Ave in Charlotte’s McCrorey Heights and West End area. It is next to John C. Smith University and Biddleville Park, with walking access to the Lynx Light Rail Gold Line. Views toward the Charlotte skyline and nearby park, along with mature hundred-year-old oak trees, add distinctive site characteristics.

Key Highlights

  • 31,206 SF warehouse on 1.52 acres
  • 22‑foot clear heights and 3 grade‑level doors
  • Built in 1948 with distinctive existing building features

Property Analytics

Current Use

Charlotte Colocation Center, ... Computer & Electronic Repair Gardner Machinery Corporation Industrial Manufacturer North Pinewood Cemetery Cemetery

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Nursing Home Clothing & Fashion Store Plumbing Service Restaurant Daycare Center

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

Lease Details

22 ft
Clear height
3
Drive-in doors

Location Intelligence

Trade Area within ½ mile

1,241
Businesses Nearby
Balanced
Demand for This Use

Demographics for 28216, NC

57,196
Population
24,902
Households
2.3
Avg Household Size
35
Median Age
35%
College-Educated
89%
High-School Grad
30.0 sq mi
ZIP Area
1,907
Density / Sq Mi
$64,977
Median Household Income
$43,643
Median Earnings
$1,464
Median Rent
$246,100
Median Home Value

Market

Vacancy Rate% for Industrial in Charlotte, NC

6.2% 2019
7.9% 2020
3.1% 2021
2.5% 2022
4.5% 2023
8.3% 2024
8.1% 2025
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Frequently Asked Questions

What type of property is this?
Warehouse - The building offers adaptive reuse or redevelopment potential under I-2 Restrictive zoning.
Where is this warehouse located?
The property is located at 700 N Summit Ave Charlotte, NC.
What are key features of this property?
This property features: 31,206 SF warehouse on 1.52 acres; 22‑foot clear heights and 3 grade‑level doors; Built in 1948 with distinctive existing building features
(704) 373-9797 Call to check price and availability
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