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34609179
34609180

1414-1416 W Trade Street, Charlotte, NC 28212 For Sale

MH
NC NC - 297378
NewLeaf Commercial Real Estate, LLC
Listed by NewLeaf Commercial Real Estate, LLC
$2,560,000
1 day on market
Updated 1 day ago
Opportunity zone

West Trade Street Redevelopment Site

Details
APN 07818701
Property Type Retail, Land
Sub Type Commercial, Storefront (+1)
Square Footage 5,095
Net Rentable (SqFt) 5,095
Units 1
Tenancy Vacant
Price per SqFt $502
Class C
Year Built 1984
Buildings 1
Stories 1
Acreage 0.451
Zoning TOD-NC
Investment Type Redevelopment
Ground Lease No
Ceiling Height 16

Retail | 5,095 SqFt

Marketing description

This ±0.451-acre urban 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.

Investment highlights

  • ±0.451-acre urban infill redevelopment site
  • Recently reduced to $2.56 million, down from $3.5 million
  • Prime location immediately west of Uptown Charlotte with direct access to West Trade Street and I-77
  • Successfully rezoned to TOD-NC, supporting higher-density, mixed-use development
  • Ideal for multifamily development with potential complementary retail, restaurant, or office uses
  • Previous development concept included apartments above a two-level parking garage
  • ±5,095 SF existing commercial building
  • Located ±500 feet from the Wesley Heights CityLYNX Gold Line station, providing convenient streetcar access through Uptown and into Elizabeth
  • Walkable or easily accessible to Uptown Charlotte, Bank of America Stadium, Truist Field, and Johnson C. Smith University
  • Positioned between historic Biddleville and Wesley Heights, two neighborhoods experiencing continued investment and redevelopment
  • Surrounded by a growing collection of restaurants, breweries, coffee shops, and neighborhood businesses
  • 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
  • Minutes from Uptown Charlotte’s extensive selection of restaurants, entertainment venues, hotels, offices, and retail
  • TOD-NC zoning permits uses including multifamily housing, retail, offices, and restaurants
  • Transit-oriented zoning encourages walkable development with strong architectural and urban-design standards
  • Rare opportunity to acquire a rezoned redevelopment site along Charlotte’s growing West Trade Street and Historic West End corridor

Listing Contacts

MH
NC NC - 297378
NewLeaf Commercial Real Estate, LLC
Listed by NewLeaf Commercial Real Estate, LLC

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Additional Information

Name
Morgan Hamer
License
NC - 297378
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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