1212 Commonwealth Ave Charlotte, NC 28205
This exceptional retail property, located at 1212 Pecan Avenue & 1801 Commonwealth Ave in Charlotte, NC, presents a unique investment opportunity. The 0.59-acre lot (APN: 08117601, 08117602) boasts a total of 14,988 square feet of space, zoned MUDD-O and B-2. The property includes a second-generation 8,000 square foot bar/restaurant space, along with an additional 7,000 square feet of retail space currently occupied by Smooth Monkey and Jackalopes Jacks. This single-tenancy property is situated in the highly desirable Plaza Midwood neighborhood, known for its high barrier to entry and scarcity of comparable sites. Its prime location within one of Charlotte's most active development corridors places it amidst a vibrant mix of retail, office, multi-family, and mixed-use developments. This makes it ideal for owner-operators, investors, or developers seeking a high-profile location in a thriving Charlotte submarket. The property's zip code is 28205, and it's located in Mecklenburg County. This is a rare chance to acquire a significant presence in a coveted area of Charlotte. The property's strategic location and existing infrastructure offer immediate potential for a variety of uses.
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
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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.