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438 Eastway Dr
Charlotte, NC 28205
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Location is within minutes from all major highways including I 85, I 277 and I 485
- OFC zoning allows Office, Retail and some Residential Development
- Highly desirable corner lot for development opportunity
EXECUTIVE SUMMARY
Prime opportunity featuring a +/-1,488 SF freestanding building on a desirable =/- 0.26 AC corner lot. Currently operating as a full-service hair salon, the property is zoned OFC, allowing office, select retail and low-density residential uses, with the seller open to offers subject to rezoning. The corner location and strong market fundamentals make it an excellent candidate for future multifamily or mixed-use redevelopment. Ideally positioned near the Blue Line Sugar Creek Station, Howie Acres Park and minutes from NoDa and the Sugar Creek entertainment district, the site benefits from planned city infrastructure upgrades and a projected 7.4% population growth within one mile by 2029.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,927 SF
Building Class
C
Year Built
1937
Price
$1,731,137 CAD
Price Per SF
$898.36 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
0.26 AC
Zoning
O2 - Allows for office, variety of retail and low density residential opportunity
Parking
20 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Freeway Visibility
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 091-033-50 | Improvements Assessment | $173,806 CAD |
| Land Assessment | $170,759 CAD | Total Assessment | $344,566 CAD |
PROPERTY TAXES
Parcel Number
091-033-50
Land Assessment
$170,759 CAD
Improvements Assessment
$173,806 CAD
Total Assessment
$344,566 CAD
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