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    1220 Graham St Charlotte, NC 28203

    For Sale
    $3,200,000

    6,000 SF Creative Office for Sale

    Property size:
    6,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 6,000 square foot creative office building, located at 1220 S Graham St in Charlotte, NC, presents a compelling investment opportunity. Built in 1990, this Class B property boasts a two-story design situated on a 0.17-acre lot in the vibrant South End neighborhood. The building is zoned I-2, offering flexibility for various uses. Currently, the property features two individual first-floor suites leased to separate tenants. One suite operates on a month-to-month lease at a monthly rent of $1,600, while the other is under a lease extending until December 31, 2026, with a monthly rent of $2,260.42 subject to annual escalations. This provides immediate cash flow and potential for future rental increases. The asking price for this well-located and income-producing asset is $3,200,000. The property's prime location in South End, combined with its existing tenancy and potential for future development, makes it an attractive investment prospect for discerning buyers seeking a strong return on investment in a thriving Charlotte market. The property's 28203 zip code further underscores its desirability. This is a rare opportunity to acquire a well-maintained, income-generating creative office building in a highly sought-after area.

    Property Features for 1220 Graham St

    General Information

    Property type
    Office space
    Square Feet
    6,000 SF
    Class
    B
    Lot Size
    7,405 SF

    Building Details

    Year Built
    1990
    Stories
    2

    HighLights

    • 6,000 SF creative office building in Charlotte, NC's South End.
    • Class B, two‑story building on a 0.17‑acre lot, built in 1990.
    • I‑2 zoning allows for flexible use.
    • Two suites: one month‑to‑month lease at $1,600/month, one leased until 12/31/2026 at $2,260.42/month (with annual escalations).
    • Asking price: $3,200,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    BURKE.DESIGN Internet Marketing Service BRK Global Marketing Advertising Agency BRK Global Marketing, ... Advertising Agency nDivision Computer Service

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Charlotte
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.857818147847
    Latitude
    35.222235492648

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    FAQs

    What type of property is this?
    Office space - 6,000 SF Creative Office for Sale
    Where is this office space located?
    The property is located at 1220 Graham St Charlotte, NC.
    What is the asking price?
    The asking price for this property is $3,200,000.
    What are key features of this property?
    This property features: 6,000 SF creative office building in Charlotte, NC's South End.; Class B, two-story building on a 0.17-acre lot, built in 1990.; I-2 zoning allows for flexible use.
    Request Owner's contact information
    1220 Graham St 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
    1220 Graham St Charlotte, NC 28203
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