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NC
Matthews
28105
528 Charles St

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FOR SALE

Warehouses

528 E Charles St, Matthews, NC 28105

8,000 SF 0.51 ac lot Built 1965

Individually Owned 19-yr Hold ~ Est. High Equity

Property ID

US53-4738336

$1,400,000 8,000 SF

528 E Charles St, Matthews, NC 28105
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This exceptional 8,000+ square foot warehouse in vibrant Downtown Matthews, NC presents a lucrative business opportunity. Situated on a 1.3-acre lot, this property boasts 17-foot ceilings and is currently generating income from five rental units used for automotive and outdoor storage. The warehouse features upgraded LED lighting throughout, ample parking, and a recently updated two-phase electrical system. Each office is equipped with tankless water heaters and central air conditioning, ensuring both efficiency and comfort. Its strategic location provides easy access to I-485, and is surrounded by a thriving mix of restaurants, retail establishments, and other businesses. The R-9 zoning allows for a variety of uses, and the current automotive use is grandfathered by the Town of Matthews, provided any future use remains similar. This property represents a significant long-term investment potential due to its prime location, existing cash flow, and versatile zoning. The substantial building size and high ceilings offer significant flexibility for a wide range of business ventures. The property's excellent condition and recent upgrades minimize immediate capital expenditure needs, allowing for a swift return on investment. Don't miss this rare chance to acquire a thriving business and prime real estate in the heart of Matthews. The asking price is $1,600,000.