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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

66 Union St Concord, NC 28025

14,400 SF Built 1957
Property ID
US53-2124356
Property summary
AI-generated overview

This exceptional Class A property, "It's @ The Annex," located at 66 Union St S, Concord, NC 28025, offers two available spaces ranging from 1,312 to 1,342 square feet. Originally Concord's city hall, this 14,400 square foot building underwent a complete renovation in 2021, boasting brand new windows, doors, electrical systems, and HVAC, including in-duct air purifiers for superior air quality. The building is zoned CC and features multiple tenancies, with convenient access via elevators. Its prime location in Cabarrus County's Charlotte MSA submarket offers unparalleled convenience. Situated next to a 614-car county parking deck and across from the renovated courthouse, this property benefits from high foot traffic and visibility. Three new apartment complexes are within walking distance, further enhancing its appeal. The Annex is also at the heart of Concord's new downtown social district, allowing for outdoor enjoyment with expanded sidewalks (22' wide on Union Street and Barbrick Street) featuring landscaping, art installations, electronic kiosks, and coordinated lighting and sound systems. The owner prefers a restaurant/retail use for these spaces. The property's APN is 56209725090000. Power is supplied by the City of Concord. This is a truly unique opportunity to secure a space in a revitalized historic building with exceptional amenities and a vibrant surrounding environment.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1957
Total area 14,400 SF
UPID US53-2124356
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
  • Union Street Herbalife Nutrition Pharmacy (Bike/Boat/Book/etc) Store
  • The S.T.U.D.I.O. Charitable Organization Social Service Agency
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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