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1414 W Trade St Multifamily Development Site 1416 W Trade St 5,015 SF Retail Building Charlotte, NC 28216 $3,182,280 CAD ($634.55 CAD/SF)



Investment Highlights
- Access to I-77
- TOD-NC zoning approved
- 500 feet from Wesley Heights Gold Line station
Executive Summary
This 0.451-acreurban infill redevelopment site offers a rare opportunity along Charlotte’s growing West Trade Street and Historic West End corridor. Recently reduced from $3.5 million to $2.56 million, the property is positioned immediately west of Uptown Charlotte with convenient access to West Trade Street and I-77. The site has been successfully rezoned to TOD-NC, allowing for higher-density, mixed-use development, including multifamily housing, retail, office, and restaurant uses. The previous development concept called for apartments above a two-level parking garage, and the property’s highest and best use is expected to be multifamily development with potential complementary commercial space. The site includes an existing commercial building of approximately 5,095 square feet and is located roughly 500 feet from the Wesley Heights CityLYNX Gold Line station, offering convenient streetcar access through Uptown and into Elizabeth. The property is also easily accessible to Bank of America Stadium, Truist Field, Johnson C. Smith University, and Uptown Charlotte’s extensive mix of restaurants, entertainment venues, hotels, offices, and retail.
Located in historic Biddleville and directly bordering Wesley Heights, the property benefits from continued investment and redevelopment throughout the surrounding area. Nearby dining and entertainment destinations include Rhino Market & Deli, Not Just Coffee, Legion Brewing, Streetcar Bar + Bites, Pizza Baby, and the Thrift Road dining
district. The property was also formerly home to one of Charlotte’s oldest Black-owned butcher shops, adding meaningful local history and potential placemaking value to a future development.
Located in historic Biddleville and directly bordering Wesley Heights, the property benefits from continued investment and redevelopment throughout the surrounding area. Nearby dining and entertainment destinations include Rhino Market & Deli, Not Just Coffee, Legion Brewing, Streetcar Bar + Bites, Pizza Baby, and the Thrift Road dining
district. The property was also formerly home to one of Charlotte’s oldest Black-owned butcher shops, adding meaningful local history and potential placemaking value to a future development.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,015 SF
Building Class
C
Year Built
1984
Price
$3,182,280 CAD
Price Per SF
$634.55 CAD
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.26
Lot Size
0.45 AC
Opportunity Zone
Yes
Zoning
TOD NC - Transit Neighborhood Center
Parking
8 Spaces (1.6 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Freeway Visibility
- Signage
Moderately walkable
70/100
Exceptionally drivable
100/100
Good public transit
70/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 078-187-01 | Improvements Assessment | $491,874 CAD |
| Land Assessment | $909,980 CAD | Total Assessment | $1,401,854 CAD |
Property Taxes
Parcel Number
078-187-01
Land Assessment
$909,980 CAD
Improvements Assessment
$491,874 CAD
Total Assessment
$1,401,854 CAD
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1414 W Trade St Multifamily Development Site | 1416 W Trade St
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