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1101,1105,1109/1111 Parkwood AvenueCharlotte, NC 28205Price: $1,300,000

  • Price: $1,300,000
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Federal 30-year interest rate: 6.29% last updated on Sep 22, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,300,000List Price
  • 1925Year Built
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.
Listed by Rebekah Sosa of Allen Tate Mooresville/Lake Norman

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