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Investment Highlights
- Prime location in Charlotte’s NoDa district, a hub for arts, culture, and entertainment.
- Ample outdoor space for parking, activation, or expansion.
- Excellent access to major thoroughfares and the LYNX Blue Line light rail.
- Surrounded by 30+ local eateries, breweries, and boutique retail options.
Executive Summary
401 W 32nd Street presents a rare adaptive reuse opportunity in the heart of Charlotte’s vibrant NoDa district. This ±18,000 SF industrial building, situated on ±0.863 acres, offers developers and investors a prime canvas for transformation into a dynamic destination. The property’s ML-2 zoning and existing industrial infrastructure provide flexibility for creative redevelopment, whether for office, maker space, urban retail, or mixed-use innovation.
The site benefits from exceptional connectivity, located just 2.5 miles from Charlotte Center City and near the LYNX Blue Line light rail, ensuring convenient transit access. Surrounding the property is a thriving arts and culture scene, complemented by over 30 local eateries, craft breweries, and boutique retail options. With a population density of 13,455 people per square mile and strong household incomes averaging $95,000 to $117,000 within a five-mile radius, the area supports robust demand for creative and community-driven spaces.
Positioned near major thoroughfares and within walking distance of NoDa’s entertainment corridor, this property offers excellent visibility and accessibility. Ample on-site space allows for parking, outdoor activation, or future expansion, making it an ideal investment for those seeking to capitalize on Charlotte’s growth and the neighborhood’s unique character.
The site benefits from exceptional connectivity, located just 2.5 miles from Charlotte Center City and near the LYNX Blue Line light rail, ensuring convenient transit access. Surrounding the property is a thriving arts and culture scene, complemented by over 30 local eateries, craft breweries, and boutique retail options. With a population density of 13,455 people per square mile and strong household incomes averaging $95,000 to $117,000 within a five-mile radius, the area supports robust demand for creative and community-driven spaces.
Positioned near major thoroughfares and within walking distance of NoDa’s entertainment corridor, this property offers excellent visibility and accessibility. Ample on-site space allows for parking, outdoor activation, or future expansion, making it an ideal investment for those seeking to capitalize on Charlotte’s growth and the neighborhood’s unique character.
Property Facts
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Sale Condition | Redevelopment Project | Year Built | 1963 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Parking Ratio | 3/1,000 SF |
| Building Class | C | Clear Ceiling Height | 16’ |
| Lot Size | 0.86 AC | No. Dock-High Doors/Loading | 2 |
| Rentable Building Area | 18,000 SF | Opportunity Zone |
Yes
|
| Zoning | I-2 - Industrial | ||
| Sale Type | Investment or Owner User |
| Sale Condition | Redevelopment Project |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.86 AC |
| Rentable Building Area | 18,000 SF |
| No. Stories | 1 |
| Year Built | 1963 |
| Tenancy | Single |
| Parking Ratio | 3/1,000 SF |
| Clear Ceiling Height | 16’ |
| No. Dock-High Doors/Loading | 2 |
| Opportunity Zone |
Yes |
| Zoning | I-2 - Industrial |
Amenities
- Fenced Lot
1 1
Property Taxes
| Parcel Number | 085-015-02 | Improvements Assessment | $689,200 |
| Land Assessment | $601,100 | Total Assessment | $1,290,300 |
Property Taxes
Parcel Number
085-015-02
Land Assessment
$601,100
Improvements Assessment
$689,200
Total Assessment
$1,290,300
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401 W 32nd St
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