1101 36Th StCharlotte, NC 28205

  • Industrial properties
  • 6,722 SF
For Sale
$1,800,000 View listing

Property Details for 1101 36Th St

Year built
1921
Lot size
0.46 AC
Property size (Sq ft)
6,722 SF
Zone code
R-5
Property type
Industrial properties
Property subtype
Other warehouses
APN
9109106
APU
9109106

Description

This exceptional mixed-use property, located at 1101 E 36th St in Charlotte, North Carolina, presents a compelling investment opportunity. The 7,069 square foot building sits on a 0.475-acre lot and is currently 100% occupied. Built in 1921, this Class C property offers a blend of office and retail space, perfectly suited for a variety of uses. The asking price is $1,800,000, translating to $254.63 per square foot. The property boasts a highly desirable location in the vibrant NoDa neighborhood, known for its walkability and proximity to numerous amenities. Its strategic placement near two Lynx Light Rail stations (E. Sugar Creek) ensures excellent accessibility for both employees and customers. The property benefits from high visibility on E. 36th Street, providing easy access to major interstates and other key destinations. Within walking distance are various multifamily developments, retail shops, bars, and restaurants, further enhancing its appeal. The property's zoning is N1C. The Mecklenburg County parcel number is 09109106. This is a rare chance to acquire a fully occupied, well-situated mixed-use building in a thriving Charlotte neighborhood. The single-building property offers a strong return on investment potential.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,073,235
    Hospitality
    $1,899,072
    Educational
    $1,580,006
    Medical
    $1,634,344
    Retail
    $2,457,786
1101 36Th St, Charlotte, North Carolina
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Location Insight

City
Charlotte
County
Mecklenburg
State
North Carolina
Latitude
35.2431
Longitude
-80.7986
CBSA code
16740
CBSA name
CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$8,111
$856,600
$249,200
$1,105,800
-
$856,600
$249,200
$1,105,800

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