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Investment Highlights

  • One of a kind in the Gold District
  • Open floor plan , natural brick,
  • Natural light, hardwood floors

Executive Summary

Discover a rare opportunity in Charlotte’s dynamic South End neighborhood with this exceptional 15,000-square-foot office property, offered at $8,000,000. Set within the sought-after Gold District, the building combines historic character with versatile functionality, showcasing exposed natural brick, soaring ceilings, abundant natural light, and polished hardwood floors across three stories. Its MU zoning opens the door to a wide range of creative and professional uses, positioning it as a highly adaptable asset in one of the city’s fastest-growing business communities.
This well-connected property benefits from excellent walkability and immediate access to multiple LYNX Blue Line light rail stations, major transit routes, and Charlotte Douglas International Airport less than 15 minutes away. Surrounded by a thriving mix of dining, retail, and cultural amenities, it offers a vibrant environment for tenants or owner-users seeking prominence and accessibility in the urban core.
The owner will consider flexible terms, including financing options, making this an outstanding investment or occupancy opportunity in an area that continues to experience robust demand. Contact us today to explore how 501 Penman Street can elevate your portfolio or house your next headquarters in Charlotte’s innovation district.

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Annual Annual Per SF
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Owner User
Sale Condition
Lease Option
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
15,000 SF
Building Class
B
Year Built
1925
Price
$8,000,000
Price Per SF
$533.33
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
5,000 SF
Building FAR
0.98
Lot Size
0.35 AC
Zoning
MU - Mixed Use
Parking
8 Spaces (2 Spaces per 1,000 SF Leased)

Amenities

  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 1st Floor
  • 3,900-4,000 SF
  • Office
  • Partial Build-Out
  • 30 Days

This space totals 4,000 SF of Office space available for lease at $45/SF. Full Service Gross service type.

  • 2nd Floor
  • 500-2,000 SF
  • Office
  • Partial Build-Out
  • Now

This space totals 3,500 SF of Office space available for lease at $45/SF. Full Service Gross service type.

  • 2nd Floor
  • 2,000-3,000 SF
  • Office
  • Partial Build-Out
  • Now

This space totals 4,000 SF of Office space available for lease at $35/SF. Full Service Gross service type.

Space Size Space Use Build-Out Available
1st Floor 3,900-4,000 SF Office Partial Build-Out 30 Days
2nd Floor 500-2,000 SF Office Partial Build-Out Now
2nd Floor 2,000-3,000 SF Office Partial Build-Out Now

1st Floor

Size
3,900-4,000 SF
Space Use
Office
Build-Out
Partial Build-Out
Available
30 Days

2nd Floor

Size
500-2,000 SF
Space Use
Office
Build-Out
Partial Build-Out
Available
Now

2nd Floor

Size
2,000-3,000 SF
Space Use
Office
Build-Out
Partial Build-Out
Available
Now

1st Floor

Size 3,900-4,000 SF
Space Use Office
Build-Out Partial Build-Out
Available 30 Days

This space totals 4,000 SF of Office space available for lease at $45/SF. Full Service Gross service type.

2nd Floor

Size 500-2,000 SF
Space Use Office
Build-Out Partial Build-Out
Available Now

This space totals 3,500 SF of Office space available for lease at $45/SF. Full Service Gross service type.

2nd Floor

Size 2,000-3,000 SF
Space Use Office
Build-Out Partial Build-Out
Available Now

This space totals 4,000 SF of Office space available for lease at $35/SF. Full Service Gross service type.

Moderately walkable
70/100
Exceptionally drivable
90/100
Some public transit
50/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
073-262-17
Land Assessment
$1,266,800 (2025)
Improvements Assessment
$10,400 (2025)
Total Assessment
$1,277,200 (2025)
  • Listing ID: 26900112

  • Date on Market: 10/20/2022

  • Last Updated:

  • Address: 501 Penman St, Charlotte, NC 28203

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