Property summary
This 2,053 square foot single-tenant retail space at 5605 N Tryon St in Charlotte, NC, presents a unique investment opportunity. Located in Mecklenburg County, zip code 28213, the property sits on a 0.78-acre lot and boasts ample parking, a significant advantage in a high-traffic area. The building is zoned TOD-TR, reflecting its suitability for transit-oriented development. Currently vacant, the entire 2,053 square feet is available for immediate occupancy. Its strategic location near a light rail station and a well-lit intersection ensures high visibility and accessibility for potential businesses. The property's previous use as a restaurant makes it an ideal second-generation space for a similar establishment or a business seeking a ready-made layout. This location offers excellent potential for businesses seeking to establish a strong presence in a thriving Charlotte neighborhood. The property's size and features make it suitable for a variety of retail uses, benefiting from the high foot traffic and convenient access provided by its proximity to public transportation. Serious inquiries are encouraged to explore this exceptional opportunity.
Property profile
VerifiedCap rate & NOI
Current use
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Cafe & Coffee Shop
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The Transit Transition Zoning District is appropriate for parcels near moderate-intensity rapid transit stations and streetcar stops to transition from higher intensity Transit Oriented Development Zoning Districts to ad…
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
TOD-TR · Charlotte, NCThe Transit Transition Zoning District is appropriate for parcels near moderate-intensity rapid transit stations and streetcar stops to transition from higher intensity Transit Oriented Development Zoning Districts to ad…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The Transit Transition Zoning District is appropriate for parcels near moderate-intensity rapid transit stations and streetcar stops to transition from higher intensity Transit Oriented Development Zoning Districts to ad…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for TOD-TR in Charlotte, NC.
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