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    528 E Charles St Matthews, NC 28105
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    Property profile & analytics

    528 E Charles St Matthews, NC 28105


    • Warehouses
    • 8,000 SF
    • 0.51 lot acres
    Downtown Matthews Warehouse Opportunity For Sale
    $1,400,000
    8,023 SF

    Downtown Matthews Warehouse Opportunity

    8,000+ sqft warehouse in prime downtown location.

    528 E Charles St, Matthews, NC 28105
    View Listing
    Property ID
    US53-4738336
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • BB AUTO / Auto Repair Shop / Vehicle Inspection Center
    • DELSOL AUTO PARTS / Auto Repair Shop / Vehicle Inspection Center
    • 123 Auto Repair / Auto Repair Shop
    • Alpina Direct Buy / Auto Parts Store

    Property Details for 528 E Charles St

    Year built
    1965
    Lot size
    0.51 lot acres
    Property size
    8,000 SF
    Zone code
    R-9
    Property type
    Warehouses
    APN
    21501401
    APU
    21501401

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $690,000
      Market price range: $690k - $1.36M

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Matthews
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.7155
    Latitude
    35.1126
    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
    $3,742
    $123,200
    $382,800
    $506,000
    -
    $123,200
    $382,800
    $506,000
    View Listing
    More about this property
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