Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Alternative Medicine Practice Spa & Massage Center
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(Bike/Boat/Book/etc) Store
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(Bike/Boat/Book/etc) Store
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(Bike/Boat/Book/etc) Store Printing Service
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Clothing Store
Location
Value estimations
Owner & transaction history
Zoning & alternative use
This districts is hereby established to protect and promote the development of single family housing and a limited number of public and institutional uses
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
R-5 · Charlotte, NCThis districts is hereby established to protect and promote the development of single family housing and a limited number of public and institutional uses
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
This districts is hereby established to protect and promote the development of single family housing and a limited number of public and institutional uses
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for R-5 in Charlotte, NC.
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Find the owner behind the property.
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