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    FOR LEASE
    Retail space

    19725 Oak St, Cornelius, NC 28031

    41,128 SF 3.59 ac lot Built 1920
    Entity Owned Free & Clear
    Property ID
    US53-1166458
    Property summary
    AI-generated overview

    This stunning, renovated Class A property, located in the heart of Cornelius, NC, offers exceptional office and retail space within a historic mill building. The Oak Street Mill Renovation boasts approximately 41,000 square feet across two stories, situated on a 4.74-acre lot. Currently, 11,000 square feet of space is available for lease, divisible into units as small as 1,500 square feet and up to a contiguous 11,000 square feet. Ideal for a variety of uses, including executive office suites, storefront retail, salons, or shop spaces, this property is perfectly suited for businesses seeking a unique and prestigious location. Built in 1920 and meticulously renovated for delivery in 2024, the building benefits from a C700 zoning designation. This prime location in the Mecklenburg County submarket, specifically the NC - Charlotte Northeast / I-77 area, is experiencing significant growth, with over 750 multifamily units planned nearby, ensuring a vibrant and expanding customer base. The property's historic charm combined with modern amenities makes it an unparalleled opportunity for businesses seeking a high-profile address in a thriving community. This is a rare chance to secure space in a landmark building within a rapidly developing area.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1920
    Total area 41,128 SF
    Lot 3.59 ac (156,555 SF)
    Zoning code TC
    APN 521210
    UPID US53-1166458
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Lake Norman Tai Chi Center Alternative Medicine Practice Spiritual Center
    • Huntersville Lutheran Church Church
    • Modern day vintage at oak street mill antiques Furniture & Home Goods Home Decor Store
    • Sips LKN Take-out & Catering Catering Service
    • Spark Studio Training Center
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Rpc Hp Excap Cornelius Gp Jv LLC
    Rpc Hp Excap Cornelius Gp Jv LLC
    since 2025
    Last sale
    $125,000
    7 recorded transactions
    2025
    $125,000
    2021
    2021
    $500
    2020
    2020
    $854,500
    2020
    $95,000
    2016
    $625,000
    Zoning & alternative use
    TC · Cornelius, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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