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1024 N Tryon St

8,175 SF Office Building Charlotte, NC 28206 For Sale

Investment Highlights

  • Incredible redevelopment opportunity near vibrant, Uptown Charlotte
  • Close and direct access to Interstate 277, Interstate 77 and Interstate 85
  • Frontage on N. Tryon Street, one of the main thoroughfares in Uptown Charlotte

Executive Summary

Bankruptcy Sale: Prime Redevelopment Opportunity / Plans in place for mixed-use office & restaurant / entertainment venue.
Great Neck Realty Co. and Iron Horse Commercial Properties are excited to offer an extraordinary redevelopment opportunity less than a mile from the center of Uptown Charlotte, North Carolina. Located in Charlotte’s Lockwood neighborhood, this incredible redevelopment site located at 1024 N. Tryon Street & 1027 N. College Street has been primed for mixed-use redevelopment with proposed plans in place for Office & Entertainment/Restaurant use. The prime corner lot of 1024 N. Tryon not only offers a strategic location within a central business district, but these parcels are also located in the heart of current redevelopment providing tremendous upside potential in in the continuously growing and desirable city of Charlotte.

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Annual Annual Per SF
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts Under Contract

Sale Type
Owner User
Sale Conditions
Distress Sale
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
8,175 SF
Building Class
C
Year Built
1925
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,000 SF
Slab To Slab
10’
Building FAR
0.65
Land Acres
0.29 AC
Opportunity Zone
Yes
Zoning
I-2 - Mixed Use Development District
Parking
10 Spaces (1.22 Spaces per 1,000 SF Leased)

Amenities

  • Bus Line

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
081-024-10
Land Assessment
$241,300 (2023)
Improvements Assessment
$107,400 (2023)
Total Assessment
$348,700 (2023)
  • Listing ID: 31569380

  • Date on Market: 4/20/2024

  • Last Updated:

  • Address: 1024 N Tryon St, Charlotte, NC 28206

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