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440-450 Crompton St - Halifax Station Industrial Condominium 3,375 SF Office Condo Unit Offered at $410,000 in Charlotte, NC 28273
INVESTMENT HIGHLIGHTS
- Prime location near I-77 and Westinghouse Boulevard for superior accessibility
- Functional layout featuring offices, warehouse, storage, and break area
- Investment sale with existing tenant generating a 6.58% cap rate
- All-brick construction within a professionally managed condominium complex
- Rear dock-high entry and additional second-floor storage for operational ease
EXECUTIVE SUMMARY
The property features an all-brick exterior and a thoughtfully designed interior layout that includes four spacious offices, a break area, warehouse space, storage, and two bathrooms. Enhanced connectivity is ensured with high-speed internet and CAT 5 wiring throughout. Rear entry access with dock-high capability and second-floor storage adds operational flexibility for diverse business needs. Positioned just off I-77 and Westinghouse Boulevard, the location provides excellent regional connectivity and proximity to major business corridors.
PROPERTY FACTS Under Contract
| Total Building Size | 20,000 SF | Typical Floor Size | 10,000 SF |
| Property Type | Flex (Condo) | Year Built | 1993 |
| Property Subtype | Light Manufacturing | Lot Size | 67.36 AC |
| Building Class | C | Parking Ratio | 2.4/1,000 SF |
| Floors | 2 | ||
| Zoning | I-2 - Industrial | ||
| Total Building Size | 20,000 SF |
| Property Type | Flex (Condo) |
| Property Subtype | Light Manufacturing |
| Building Class | C |
| Floors | 2 |
| Typical Floor Size | 10,000 SF |
| Year Built | 1993 |
| Lot Size | 67.36 AC |
| Parking Ratio | 2.4/1,000 SF |
| Zoning | I-2 - Industrial |
AMENITIES
- Signage
1 UNIT AVAILABLE
Unit 444
| Unit Size | 3,375 SF | Sale Type | Investment |
| Price | $410,000 | Sale Status | Under Contract |
| Price Per SF | $121.48 | Cap Rate | 6.59% |
| Condo Use | Office | NOI | $27,019 |
| Unit Size | 3,375 SF |
| Price | $410,000 |
| Price Per SF | $121.48 |
| Condo Use | Office |
| Sale Type | Investment |
| Sale Status | Under Contract |
| Cap Rate | 6.59% |
| NOI | $27,019 |
DESCRIPTION
444 Crompton St 3375 sq ft condo.
3375 Sq ft @ $410,000. ($121.48 per ft)
SALE NOTES
Present Tenant Lighthouse Chapel International With a 24 Month Lease.
The Condo Has an After Tenant *Added Property Value.
Tenant Pays $2,800.00 per mth= $33,600.00 ($9.96 per sq Ft)
Halifax Station Expense of Condo Fee $325.00 month
Property Tax 2025 $2,693.00 Annual
Annual Return $27,007.00 = 6.58% Cap Rate
Presented by
440-450 Crompton St - Halifax Station Industrial Condominium
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