Log In/Sign Up
Your email has been sent.
401, 410-411 S Gardner Ave
Charlotte, NC 28208
The Fold at Savona · Retail Property For Sale
Investment Highlights
- Fully renovated 2026 shell building offering 9,843 SF of flexible space.
- Positioned within an Opportunity Zone and qualifies for Brownfield tax benefits.
- 10-minute drive to Uptown Charlotte with direct access to light rail and major highways.
- Located in the heart of Seversville, steps from mixed-use development and Savona Mill.
- IMU zoning supports a dynamic mix of office, retail, dining, and creative uses.
- Surrounded by a growing residential base, including over 600 units in current and planned phases.
Executive Summary
The Fold at Savona offers a compelling owner-user or investment opportunity in Charlotte’s thriving Seversville neighborhood. This fully renovated 9,843-square-foot building sits on a one-acre parcel and is strategically located adjacent to the $70 million Savona Mill redevelopment and a rapidly growing mixed-use community. The property features IMU (Innovation Mixed-Use) zoning, enabling a wide range of commercial, creative office, and retail uses.
Recent enhancements transformed the building into a modern shell condition, ready for tailored finishes to fit operational needs. Future developments include a 30,000-square-foot Savona Food Works food hall, adding significant foot traffic and creating strong synergies with on-site and nearby amenities. Proximity to Uptown Charlotte—just 10 minutes away—and convenient access to major transportation corridors, including the Lynx Gold Line and I-77/I-277, bolster connectivity and workforce accessibility.
Located in an Opportunity Zone, the property provides appealing tax incentive advantages, alongside Brownfield tax benefits, which can enhance overall investment value. With strong area demographics and major residential and retail growth planned, The Fold at Savona stands as a premier position for businesses or investors seeking long-term upside in one of Charlotte’s fastest-growing corridors.
Recent enhancements transformed the building into a modern shell condition, ready for tailored finishes to fit operational needs. Future developments include a 30,000-square-foot Savona Food Works food hall, adding significant foot traffic and creating strong synergies with on-site and nearby amenities. Proximity to Uptown Charlotte—just 10 minutes away—and convenient access to major transportation corridors, including the Lynx Gold Line and I-77/I-277, bolster connectivity and workforce accessibility.
Located in an Opportunity Zone, the property provides appealing tax incentive advantages, alongside Brownfield tax benefits, which can enhance overall investment value. With strong area demographics and major residential and retail growth planned, The Fold at Savona stands as a premier position for businesses or investors seeking long-term upside in one of Charlotte’s fastest-growing corridors.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
9,843 SF
Building Class
B
Year Built
2025
Price
$4,937,450 CAD
Price Per SF
$501.62 CAD
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.25
Lot Size
0.91 AC
Opportunity Zone
Yes
Zoning
IMU - Mixed Use
Parking
31 Spaces (3.15 Spaces per 1,000 SF Leased)
Frontage
Property Taxes
| Parcel Number | 071-114-10 | Improvements Assessment | $589,320 CAD |
| Land Assessment | $831,914 CAD | Total Assessment | $1,421,234 CAD |
Property Taxes
Parcel Number
071-114-10
Land Assessment
$831,914 CAD
Improvements Assessment
$589,320 CAD
Total Assessment
$1,421,234 CAD
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
