1930 Abbott St Charlotte, NC 28203
This exceptional investment opportunity presents two contiguous creative office units totaling approximately 3,972 square feet, located within the vibrant South End neighborhood of Charlotte, NC. Situated at 1930 Abbott Street, units 402 and 403 are part of the Camden Square West Development, a beautifully designed multi-tenant office building known for its modern architectural style. Currently, unit 403 is vacant, while unit 402 is leased until March 31, 2025. Detailed plans are available for combining the units into a single, cohesive 3,972 square foot space. Each unit boasts an efficient layout featuring open work areas, meeting spaces, and private offices spread across two levels. Upgrades include new flooring (main areas) and carpeting (offices), updated kitchen and bathroom fixtures, and excellent lighting. Furniture in both units is available for purchase separately, facilitating a smooth transition for the new owner. The asking price for both units is $1,875,000. The property benefits from a highly desirable location, within walking distance of numerous lunch and entertainment options, free parking, the light rail line, and major interstates. Note that the usable square footage (USF) equals the rentable square footage (RSF). The HOA fee is $467.10 per month per unit, property taxes are $6,603.73 per year per unit, and property insurance is $156.70 per month per unit.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.