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401 Charles Ave
Charlotte, NC 28205
Office Property For Sale


INVESTMENT HIGHLIGHTS
- Premier location in Charlotte’s arts and entertainment district
- Close to light rail and major redevelopment projects
- Strong market fundamentals with robust lease comps
- TOD-UC zoning supports creative concepts
- Positioned for long-term growth and investment security
EXECUTIVE SUMMARY
Situated in the heart of Charlotte’s NoDa district, this property combines visibility and accessibility with a vibrant neighborhood atmosphere. Located just 0.2 miles from the Blue Line station and adjacent to the Cross Charlotte Trail, it offers unmatched connectivity for businesses seeking exposure and convenience.
The surrounding Sugar Creek district is a hub for redevelopment, featuring adaptive reuse projects and major multi-family developments. With TOD-UC zoning, this site is perfect for office or retail users looking to capitalize on NoDa’s cultural energy and growing population base.
The surrounding Sugar Creek district is a hub for redevelopment, featuring adaptive reuse projects and major multi-family developments. With TOD-UC zoning, this site is perfect for office or retail users looking to capitalize on NoDa’s cultural energy and growing population base.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Office/Residential
Building Size
1,809 SF
Building Class
C
Year Built/Renovated
1900/2021
Price
$625,000
Price Per SF
$345.49
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,809 SF
Building FAR
0.17
Lot Size
0.25 AC
Zoning
TOD-UC - Transit-Oriented Development – Urban Center
Parking
10 Spaces (5.53 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 083-068-03 | Improvements Assessment | $229,800 |
| Land Assessment | $424,800 | Total Assessment | $654,600 |
PROPERTY TAXES
Parcel Number
083-068-03
Land Assessment
$424,800
Improvements Assessment
$229,800
Total Assessment
$654,600
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