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    500 Summit Ave Charlotte, NC 28203

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    For Lease
    Contact for pricing

    Charlotte Ghost Kitchen Suites Available

    Lot size:
    12,046 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Charlotte, NC, ghost kitchen facility, known as South End Eats, offers three available suites, perfect for a variety of food businesses. Located at 500 W Summit Ave, this Class C property boasts a total of 12,046 square feet, with individual suite sizes ranging from a minimum of 200 square feet to a maximum contiguous space of 300 square feet. Built in 1969, the property sits on a 0.75-acre lot (APN: 073-262-11) and provides ample parking with 25 spaces. The zoning designation is T0D-UC, ideal for food-related businesses. This turnkey solution is strategically located in the heart of Charlotte's South End, providing easy access to major interstates I-77 and I-277, ensuring optimal delivery reach to surrounding areas. The property is perfect for startups, personal chefs, caterers, food trucks, single-location operators, and national chains seeking expansion. This is a rare opportunity to establish a thriving food business in a high-demand location with convenient access and ample parking. The property is in Mecklenburg County and has a Charlotte, NC zip code of 28203. This is a multiple tenancy property.

    Property Features for 500 Summit Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    12,046 SF
    Class
    C

    Building Details

    Year Built
    1969

    Unit(s) available at that property

    Space
    Suite 10
    Size
    300 SF
    Space
    Suite 7
    Size
    300 SF
    Space
    Suite 17
    Size
    300 SF

    HighLights

    • Three suites available in a 12,046 SF ghost kitchen facility.
    • Located at 500 W Summit Ave, Charlotte, NC 28203 (APN: 073‑262‑11).
    • Suite sizes range from 200 to 300 SF.
    • 25 parking spaces on a 0.75‑acre lot.
    • T0D‑UC zoning; ideal for food businesses.
    • Excellent access to I‑77 and I‑277.
    Property Profile Location Intelligence

    Current Use by Public Records

    Wrigleys Italian beef Catering Food And Drink Supplier Queen City Chicken Restaurant Amuse Bouche Restaurants Restaurant The Panini Grill Restaurant Queen City Roti ... Caribbean Restaurant

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Spa & Massage Wholesale Shop Law Firm Auto Repair Shop Hair Salon Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Charlotte
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.8607137
    Latitude
    35.2200814

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    FAQs

    What type of property is this?
    Restaurant - Charlotte Ghost Kitchen Suites Available
    Where is this restaurant located?
    The property is located at 500 Summit Ave Charlotte, NC.
    What are key features of this property?
    This property features: Three suites available in a 12,046 SF ghost kitchen facility.; Located at 500 W Summit Ave, Charlotte, NC 28203 (APN: 073-262-11).; Suite sizes range from 200 to 300 SF.
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    Charlotte, NC 28203
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    Realmo Value Estimation

    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.

    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.

    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
    500 Summit Ave Charlotte, NC 28203
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