1101, 1105, 1109/1111 Parkwood Avenue

Charlotte, NC, 28205

$1,300,000

$1,300,000
Active
Active
 - For Sale
property_type
Commercial
calendar
Built 1925
Over a half acre of prime Real Estate zoned NS (Neighborhood Service) situated right in the middle of the breweries/restaurants, businesses and bars that Noda and Villa heights have to offer, these three lots, amounting to 0.51 acres, are ready to be developed as commercial/multi family residential and has City of Charlotte approval. The booming surroundings offer visionary investors the perfect opportunity to develop high end units and shops for the surrounding vibrant community, which is very involved with the support of local businesses, shops, and restaurants. NS zoning and approved by the City of Charlotte for 10,000 ft2 commercial/up to 22 residential units. Additionally The owners have received an approved plan for 14 larger/high end condos and only 4000 ft2 of commercial on lower level, which substantially lowers development cost as a parking podium won't be necessary. Architect plans available upon request on a case by case basis.Both plans have now been approved by the city.
MLS® ID:
3857764
Listed:
5/12/22
Updated:
10/5/22

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Heating
None

Exterior/Building Features

Lot Size
0.51 acres lot
Architectural Style
Unimproved Commercial

Other Property Details

Garage
No
Parking
N
View
N
County
Mecklenburg
Pool
No
Total Stories
1

Property History

Date
Event
Price
Value
7/25/22
Price Change
$1,300,000
-13%

Courtesy of Rebekah Sosa, Allen Tate Mooresville/Lake Norman

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