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124 Atando Ave 6,052 SF Retail Building Charlotte, NC 28206 For Sale
INVESTMENT HIGHLIGHTS
- Atando Avenue corridor is experiencing significant development
- Proximity to major highways and infrastructure
- Offers a strategic location for industrial and distribution operations in central Charlotte
EXECUTIVE SUMMARY
124 Atando Avenue is a +/- 6,052 SF property situated on a +/- 0.317 AC lot in Charlotte, North Carolina. Constructed in 1957, this single story building that includes a mezzanine level has historically operated as a gentleman’s club. The Atando Avenue corridor is part of an opportunity zone and experiencing significant development, increasing its appeal for investors and developers.
The nearby Atando Business Park, encompassing approximately 1.2 million square feet, offers a strategic location for industrial and distribution operations in central Charlotte. Its proximity to major highways and infrastructure highlights the area’s logistical advantages. With ongoing transformations along Atando Avenue, 124 Atando Avenue presents a compelling opportunity for redevelopment or repurposing to align with the corridor’s evolving landscape.
The nearby Atando Business Park, encompassing approximately 1.2 million square feet, offers a strategic location for industrial and distribution operations in central Charlotte. Its proximity to major highways and infrastructure highlights the area’s logistical advantages. With ongoing transformations along Atando Avenue, 124 Atando Avenue presents a compelling opportunity for redevelopment or repurposing to align with the corridor’s evolving landscape.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
6,052 SF
Building Class
C
Year Built
1957
Tenancy
Single
Building Height
1 Story
Building FAR
0.43
Lot Size
0.32 AC
Opportunity Zone
Yes
Zoning
ML-2
Parking
14 Spaces (2.31 Spaces per 1,000 SF Leased)
Frontage
61’ on Atando Ave
AMENITIES
- Bus Line
- Freeway Visibility
- Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 085-022-08 | Improvements Assessment | $117,800 |
| Land Assessment | $248,600 | Total Assessment | $366,400 |
PROPERTY TAXES
Parcel Number
085-022-08
Land Assessment
$248,600
Improvements Assessment
$117,800
Total Assessment
$366,400
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124 Atando Ave
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