Office
Office (Owner/User or Value Add Investor)
514 Beatties Ford Rd, Charlotte, NC 28216
Listing Price: $695,000
Investment Overview
Marcus & Millichap is pleased to present this charming two-story, professional office (or retail) that is ± 2,867 square feet on a .25 Acre parcel with 10 parking spaces. Fully renovated and move-in ready, the layout includes 5-6 offices, 1-2 conference rooms, a break area, 2 copy rooms, and reception. Currently, zoned as B-2, general business, the building is partially occupied by a legal tenant, using only a couple of offices totaling ± 307 SF. Ideal property for an owner/user looking for a professional space to meet with clients, a hair or nail salon, a coffee/tea shop, a small retail store, a smoothie bar, etc. Or, it could also be appropriate for a value add investor with experience sourcing tenants. The market rent in this submarket is approximately $29.71/SF for office properties.
This site is classified as an opportunity zone in the historic Biddleville neighborhood, near Johnson C Smith University in the Northwest Charlotte Submarket. Conveniently located only minutes from uptown, walking distance to French St stop on the Gold Lynx Streetcar and next to the NC-16 exit ramp, near I-277 and I-77.
Exclusively Listed By
Listing Price: $695,000
Investment Highlights
- ~17,017 vehicles per day on Beatties Ford Rd & French St.
- Population within a 2-mi radius is 59,875 and 5 mi radius is 254,882.
- The average HH income within 5 mi radius is $90,225 and the median HH income is $59,053.
Investment Overview
Marcus & Millichap is pleased to present this charming two-story, professional office (or retail) that is ± 2,867 square feet on a .25 Acre parcel with 10 parking spaces. Fully renovated and move-in ready, the layout includes 5-6 offices, 1-2 conference rooms, a break area, 2 copy rooms, and reception. Currently, zoned as B-2, general business, the building is partially occupied by a legal tenant, using only a couple of offices totaling ± 307 SF. Ideal property for an owner/user looking for a professional space to meet with clients, a hair or nail salon, a coffee/tea shop, a small retail store, a smoothie bar, etc. Or, it could also be appropriate for a value add investor with experience sourcing tenants. The market rent in this submarket is approximately $29.71/SF for office properties. This site is classified as an opportunity zone in the historic Biddleville neighborhood, near Johnson C Smith University in the Northwest Charlotte Submarket. Conveniently located only minutes from uptown, walking distance to French St stop on the Gold Lynx Streetcar and next to the NC-16 exit ramp, near I-277 and I-77.
Exclusively Listed By
