2604 N. Brevard & 401 Charles Ave. | 2604 N Brevard St
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2604 N. Brevard & 401 Charles Ave. 2604 N Brevard St
1,702 SF Office Building Charlotte, NC 28205 £1,065,150 (£626/SF)
Investment Highlights
- Strategic Location & Visibility
- Turn-Key Investment
- Two Versatile Buildings on One Parcel
Executive Summary
Discover the unmatched potential of this premier commercial property, featuring two unique buildings on one parcel at 2604 North Brevard and 401 Charles Avenue. Located in the heart of NoDa (North Davidson) district of Charlotte, North Carolina, this property offers exceptional visibility from the light rail, North Brevard, the greenway, and the thousands of apartment dwellers within a few blocks radius.
Investment Highlights:
Strategic Location & Visibility: The property is located adjacent to multiple urban high-density apartment communities as well as Pins Mechanical Co, just announced to open Q1 2025, and sits a mere 50’ from the property. Less than a 5-minute walk to downtown NoDa, the 25th Street Light Rail station and adjacent to the greenway. The property will benefit from traffic visibility and ever-growing foot-traffic for years to come.
Two Versatile Buildings: The property features two separately addressed buildings (2604 Brevard a former tattoo shop and 401 Charles a traditional office tenant) with ample parking and green-space. Possibilities are endless with the existing buildings or future development potential.
Turn-Key Investment: The seller acquired and fully renovated the properties and has had them leased for the past 3 years. 2604 Brevard recently had a short-term lease signed with landlord termination rights for $3,000/mo to provide a new buyer with flexibility and 401 Charles is currently vacant and available for lease. The property will be a great passive income investment or a great owner-occupied opportunity.
Investment Highlights:
Strategic Location & Visibility: The property is located adjacent to multiple urban high-density apartment communities as well as Pins Mechanical Co, just announced to open Q1 2025, and sits a mere 50’ from the property. Less than a 5-minute walk to downtown NoDa, the 25th Street Light Rail station and adjacent to the greenway. The property will benefit from traffic visibility and ever-growing foot-traffic for years to come.
Two Versatile Buildings: The property features two separately addressed buildings (2604 Brevard a former tattoo shop and 401 Charles a traditional office tenant) with ample parking and green-space. Possibilities are endless with the existing buildings or future development potential.
Turn-Key Investment: The seller acquired and fully renovated the properties and has had them leased for the past 3 years. 2604 Brevard recently had a short-term lease signed with landlord termination rights for $3,000/mo to provide a new buyer with flexibility and 401 Charles is currently vacant and available for lease. The property will be a great passive income investment or a great owner-occupied opportunity.
Property Facts
Sale Type
Investment
Sale Condition
Tenants option to buy property
Property Type
Office
Property Subtype
Building Size
1,702 SF
Building Class
C
Year Built
1950
Price
£1,065,150
Price Per SF
£626
Tenancy
Single
Number of Floors
1
Typical Floor Size
1,702 SF
Building FAR
0.16
Land Acres
0.24 AC
Zoning
TOD- UC - TOD-UC
Parking
7 Spaces (4.11 Spaces per 1,000 SF Leased)
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PROPERTY TAXES
Parcel Number | 083-068-03 | Improvements Assessment | £181,312 |
Land Assessment | £335,167 | Total Assessment | £516,479 |
PROPERTY TAXES
Parcel Number
083-068-03
Land Assessment
£335,167
Improvements Assessment
£181,312
Total Assessment
£516,479
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2604 N. Brevard & 401 Charles Ave. | 2604 N Brevard St
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