Contacts
![broker]( https://cdn.commercialsearch.com/images/1B76083E-DA5C-4AD7-B9F5-811281D68CCE/194013.jpeg?width=96)
Lee & Associates - Charlotte
Property Details
- Property Type Industrial - Warehouse/Distribution
- Property Size 16,230 SF
- Units 1
- Lot Size 0.84 Acre
- Parking Spaces Avail. 20
- Building Class C
- Year Built 1978
- Date Updated Feb 5, 2025
- Dock High Doors 1
- Grade Level Doors 2
- Office Area 1,984 SF
- HVAC None
Reach out to the broker for more info on lease terms and amenities
Highlights
- Unmatched Redevelopment Potential: The property consists of two industrial buildings totaling ±16,230 SF on a 0.84-acre lot, making it an ideal candidate for adaptive reuse or redevelopment into a modern mixed-use space.
- Flexible IMU (Innovation Mixed Use) Zoning: The IMU zoning designation provides a broad range of redevelopment possibilities, allowing for commercial, industrial, retail, office, and residential uses, maximizing investment versatility.
- Existing Industrial Infrastructure: The site features two industrial buildings with clear heights ranging from 12’ to 30’, multiple drive-in doors, making it move-in ready for industrial users while maintaining redevelopment upside.
- Proximity to High-Profile Developments: Adjacent to major redevelopment projects such as Lower Tuck (1100 & 926 Tuckaseegee Rd), Savona Mill, and The Perch, this site is positioned within a thriving ecosystem of office, retail, and residential growth, boosting long-term asset appreciation.
- Strong Market Growth & Tenant Demand: Charlotte’s industrial and mixed-use property markets continue to experience strong demand, ensuring a favorable leasing environment for both industrial tenants and potential future redevelopment projects.
- Existing Tenant or Owner-User Opportunity: The property can be utilized as-is for industrial or warehouse operations, providing immediate income potential or a valuable base for an owner-user seeking expansion within a booming corridor.
- Ample Parking & Functional Site Layout: Featuring 20 dedicated parking spaces with additional street parking, the site is well-equipped to accommodate both industrial operations and future high-traffic commercial tenants.
- Competitive Cost Basis vs. New Construction: With rising construction costs for ground-up development, acquiring an existing industrial asset with redevelopment potential offers a cost-effective entry point into one of Charlotte’s fastest-growing investment markets.
Getting around
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Location
- City Charlotte, NC
- Neighborhood Seversville
- Zip Code 28208
- Market Charlotte
Points of Interest
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Wesley Heights
0.79 miles
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Bruns Avenue
0.82 miles
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Johnson C. Smith University
0.89 miles
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French Street
1.06 miles
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Irwin Avenue
1.14 miles
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Johnson & Wales
1.29 miles
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Gateway Station
1.47 miles
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Mint Street
1.61 miles
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Tryon Street
1.81 miles
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Brooklyn Village
1.84 miles
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7-Eleven
0.45 miles
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Exxon
1.38 miles
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QuikTrip
1.39 miles
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Murphy USA
1.39 miles
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ChargePoint
1.53 miles
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Mystik
1.66 miles
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Circle K
1.82 miles
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EVgo
1.83 miles
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Shell
2.00 miles
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Marathon
2.01 miles
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Enterprise
1.58 miles
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Avis
1.89 miles
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Autobell Car Wash
2.32 miles
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Circle K
2.86 miles
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Autobell
2.90 miles
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Mobile Car Detailing Charlotte
2.90 miles
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Shell
3.65 miles
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Sam's Xpress
4.10 miles
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Advantage
4.17 miles
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Dollar
4.18 miles
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Bankers Kitchen
0.26 miles
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Sun's Kitchen
0.27 miles
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Restaurant Constance
0.27 miles
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Crav’n Caribbean
0.27 miles
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La Isla Tropical
0.28 miles
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Pizza Baby
0.32 miles
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Noble Smoke
0.36 miles
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Bossy Beulah's
0.36 miles
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Cook Out
0.48 miles
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Showmars
0.56 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
![broker]( https://cdn.commercialsearch.com/images/1B76083E-DA5C-4AD7-B9F5-811281D68CCE/194013.jpeg?width=96)
Lee & Associates - Charlotte