CORNER PROPERTY - PLAZA MIDWOOD · 2020. 5. 1. · CORNER PROPERTY - PLAZA MIDWOOD 2224 The Plaza, Charlotte, North Carolina 28205. CONTACT. RODNEY FAULKNER | [email protected]

CORNER PROPERTY - PLAZA MIDWOOD2224 The Plaza, Charlotte, North Carolina 28205

CONTACTRODNEY FAULKNER | [email protected] • WILLIAM HAYGOOD III | whaygood@boundarystreetadvisors.comwww.boundarystreetadvisors.com | 704-833-8533 | 615 S. College St. FL 10, Charlotte, NC 28202

AVAILABLE FOR SALE

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PROPERTY OVERVIEW

Charming brick building for sale on the corner of Mecklenburg and fronting The Plaza. A must-see and perfect for user/owner or investor. The building has 3 suites for multi-tenant building or for single use.

Owner had significant, recent improvements made to include: all new plumbing, electrical, HVAC, gutters, appliances, lighting, countertops, plumbing fixtures, cabinets and insulation. Adequate parking in rear and on-street parking available. The building is currently vacant and Pro Forma is available upon request. Can be assembled with adjacent properties.

ABOUT

• +/- 3,883 SF Available for Sale• +/- 0.31 Acres• B-1 Zoning - Ideal for co-working, retail or office use• High street visibility along The Plaza• 20 on-site parking spaces and additional street parking• Comparable sales in the area over $350/SF• Sale Price: $1,195,000• Owner will consider all offers

PROPERTY DETAILS

DEMOGRAPHICS 1 MILE 3 MILE 5 MILE

POPULATION 13,004 114,310 285,199

HOUSEHOLDS 5,993 51,204 117,922

AVG. HH INCOME $99,382 $94,173 $85,881

EMPLOYEES 5,426 131,818 206,971

TRAFFIC COUNTS: Parkwood Ave - 28,000 VPD


Single Tenant Office, Multi-Tenant Office, Retail, Bakery, Barber & Beauty, Medical/Dental, Vet/Pet Services, Dry Cleaners, Florist, Neighborhood Food & Beverage, Office, Studios, Tattoo Parlor and many more potential uses

POTENTIAL USES



MARKET OVERVIEW

Plaza Midwood is located approximately one mile east of Uptown Charlotte. Known for its eclectic vibe, it boasts a mixture of art galleries, locally owned shops and unique restaurants. Recent years have witnessed its resurgence as a vibrant, highly sought after, neighborhood with numerous multi-family developments being completed.

PLAZA MIDWOOD | CHARLOTTE, NC




FLOOR PLAN

CONTACT

REF.

REF.

197 SF

RECEPTION10

59 SF

KITCHEN11

284 SF

CONFERENCE12

112 SF

OFFICE A13

24 SF

RESTROOM14

14 SF

CLOSET15

31 SF

ENTRY16

ENTRY

UP

UNIT B GROUND FLOOR

65 SF

RESTROOM 225

151 SF

OFFICE B26

93 SF

HALL27

183 SF

OFFICE D28

203 SF

OFFICE C29

DOWN

UNIT B UPPER FLOOR

Scale

Project number

Date

Drawn by

Checked by

SHEET SIZE: ARCH D - 24" X 36"

3/8" = 1'-0"

A101

2020.bsa.16March 10, 2020

George HobelChecker

AA..JJ.. KKlleennkk22222244 TTHHEE PPLLAAZZAACCHHAARRLLOOTTTTEE,, NNCC

OOFFFFIICCEESS AATT TTHHEE PPLLAAZZAA22444411 TThhee PPllaazzaa

Area Schedule (Rentable)

UNIT A - FIRST FLOOR 1173 SF Level 1UNIT B FIRST FLOOR 890 SF Level 1UNIT B SECOND FLOOR 790 SF Level 2UNIT C SECOND FLOOR 1030 SF Level 2

FIRST FLOOR UNIT B FOOTPRINT WITH BRICK

FIRST FLOOR A FOOTPRINT WITH BRICK

UNIT B1,680 SFTOTAL

RODNEY FAULKNER | [email protected] • WILLIAM HAYGOOD III | whaygood@boundarystreetadvisors.comwww.boundarystreetadvisors.com | 704-833-8533 | 615 S. College St. FL 10, Charlotte, NC 28202



FLOOR PLAN

CONTACT

UP

UP

REF

.

DN

31 SF

RESTROOM 11

127 SF

OFFICE2

97 SF

OFFICE3

115 SF

OFFICE4

35 SF

RESTROOM 25 218 SF

RECEPTION6

107 SF

HALLWAY7

91 SF

KITCHEN8

UNIT A - FIRST FLOOR

128 SF

OFFICE A17

97 SF

OFFICE B18

91 SF

OFFICE C19

64 SF

REST ROOM20

230 SF

OFFICE D21

134 SF

KITCHEN22

35 SF

REST ROOM24

11' - 8 3/4"

8' - 11 1/2" 9' - 0 1/8"

139 SF

HALL/STAIRS30

DO

WN

UNIT C - UPPER FLOOR

Scale

Project number

Date

Drawn by

Checked by

SHEET SIZE: ARCH D - 24" X 36"

3/8" = 1'-0"

A102

2020.bsa.16March 10, 2020

George HobelChecker

AA..JJ.. KKlleennkk22222244 TTHHEE PPLLAAZZAACCHHAARRLLOOTTTTEE,, NNCC

OOFFFFIICCEESS AATT TTHHEE PPLLAAZZAA22444411 TThhee PPllaazzaa

Area Schedule (Rentable)

UNIT A - FIRST FLOOR 1173 SF Level 1UNIT B FIRST FLOOR 890 SF Level 1UNIT B SECOND FLOOR 790 SF Level 2UNIT C SECOND FLOOR 1030 SF Level 2

UNIT A & C2,203 SFTOTAL




PROPERTY PHOTOS

CONTACT

UNIT A




PROPERTY PHOTOS

CONTACT

UNIT B




PROPERTY PHOTOS

CONTACT

UNIT C




ACREAGE BLDG SIZE SALE PRICE PRICE/SF SALE DATE

2128 McClintock Rd. 0.230 1,529 SF $770,000.00 $503.60 03/14/19

1121 Seigle Avenue 0.180 1,200 SF $500,000.00 $416.67 12/01/19

1808 E. 7th Street 0.241 2,850 SF $820,000.00 $287.72 02/01/19

2021 E. 7th Street 0.290 2,250 SF $950,000.00 $422.22 03/20/20

1916 Commonwealth Ave. 0.180 3,200 SF $866,054.00 $270.64 10/16/19

FINANCIAL OVERVIEW


SALE COMPS

UNIT B BACK ENTRANCE UNIT B FRONT ENTRANCE AMPLE ON-SITE PARKING

COURTYARD



AREA OVERVIEW




AREA OVERVIEW




Documents

CORNER PROPERTY - PLAZA MIDWOOD · 2020. 5. 1. · CORNER PROPERTY - PLAZA MIDWOOD 2224 The Plaza, Charlotte, North Carolina 28205. CONTACT. RODNEY FAULKNER | [email protected]