1028 W 5th St
Charlotte, NC 28202 Fourth Ward

Rare opportunity to acquire an urban infill redevelopment site in the 4th Ward, northwest edge of Uptown Charlotte next to I-77 exit, Irwin Creek greenway, bike lanes, City Lynx Gold street car (Irwin Ave stop). Site is located near two universities: Johnson & Wales and Johnson C Smith, the city’s employment core and entertainment districts.
The offering consists of 6 parcels, that total almost an Acre when combined. Groupings of 3 parcels located on each side of N Sycamore Street, provide developers the opportunity to control a visible and well-located site positioned for residential-led multifamily or mixed-use development. The 1028 W 5th St infill redevelopment site is zoned UC-RAC (Uptown Core – Regional Activity Center), permitting multifamily, mixed-use, hospitality, retail, office, and institutional development through administrative site plan approval under Charlotte’s Unified Development Ordinance (UDO).

Existing improvements are considered to have no contributory value, allowing developers to pursue immediate redevelopment strategies consistent with the surrounding urban environment. Ownership will consider offers for the full assemblage or individual parcel groups A or B, providing flexibility in acquisition and development strategy. Qualified offers only, call Marsha 954.353.8677 for pricing guidance. For more site details use this link to access full OM details: https://property.creop.com/50124