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Property profile

1950 Abbott St Charlotte, NC 28203

OFF-MARKET
Office Spaces
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Property summary

AI-generated overview

This exceptional 1,816 square foot creative office condo is ideally situated in Charlotte's vibrant South End neighborhood at 1950 Abbott Street, Mecklenburg County, NC 28203. The single-tenant space boasts a sought-after loft-style design, featuring abundant natural light and a functional layout including at least one dedicated office and a break room. The property is a perfect fit for businesses seeking a stylish and productive workspace in a highly desirable location. Its prime position offers unparalleled walkability to a wealth of amenities, including the light rail, providing easy access to the wider city. Nearby dining and entertainment options are plentiful, with establishments such as Superica, Leroy Fox, Common Market, Puttery, Barcelona Wine Bar, Trolley Barn, and Blaze Pizza all within easy reach. The asking rate is $32 per square foot, net of utilities. This presents a unique opportunity to acquire a well-located, stylish, and functional office space in a thriving Charlotte neighborhood. The property is classified as an office condo, offering the benefits of ownership within a vibrant community.

Property profile

Verified
Property type Office Spaces

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Advertising Agency Marketing & Advertising
  • Construction Company
  • Real Estate Agency
  • Corporate Office
  • Architecture Firm Architect

Location

1950 Abbott St Charlotte, NC 28203
Charlotte metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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