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1800 Camden Rd
Charlotte, NC 28203 Wilmore

$1,000,000

Office Live Work Unit Condo For Sale  •  1,917 Sq Ft

Property Details

  • Property Type Office Live Work Unit
  • Total Building Size 21,000 Sq Ft
  • Lot Size 1.75 ac
  • Building Class B
  • Year Built 1990
  • Cap Rate 5.52 %
  • Tenancy Multiple
  • Zoning UMUD, Charlotte
56 Transit Score
85 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 107 Office/Retail 1,917 SF $1,000,000
  • Unit Size: 1,917 SF
  • Condo Use: Office/Retail
  • Price: $1,000,000
  • Sale Type: Investment or Owner User
  • Price/SF: $521.65
Description
Rare opportunity to own a prime 2-story mixed-use condo at Camden Row in South End fronting West Blvd. close to the East/West light rail station and all the retail amenities South End has to offer!  First floor is leased to UPS store (1,000 RSF) and second floor currently has an apartment tenant (917 RSF), but could be owner occupied for live/work scenario with big value-add potential.  Second floor offers an open floor plan with private bedroom/office, living room and open kitchen and bathroom.

Sale Notes
Currently 100% leased with great value-add opportunity for new owner who is looking for a live/work unit in the heart of South End.   Current annual gross rents are $71,424 and UPS has over 18-months of initial term with one (1) five (5) year option including 3% annual escalators remaining.  Lease is guaranteed and 2nd floor live/work unit is available on 4/30/2020.

Description

Currently 100% leased with great value-add opportunity for new owner who is looking for a live/work unit in the heart of South End.   Current annual gross rents are $71,424 and UPS has over 18-months of initial term with one (1) five (5) year option including 3% annual escalators remaining.  Lease is guaranteed and 2nd floor live/work unit is available on 4/30/2020.

Property Flyers

Financial Summary

Cap Rate: 5.52 %
Total Expenses: $16,259

Major Tenants

Tenant SF Occupied Lease End Date
Beds For Kids, Inc. 1,000 SF
Charlotte Chess Center 2,053 SF
Clean Eatz 1,060 SF
Design Within Reach 3,500 SF
Fortalice Solutions, LLC 1,500 SF
New River Financial Inc 3,000 SF
Nicole Watts 1,000 SF
Southend Painting & Roofing Contractors 3,000 SF
Southend Properties 3,000 SF
The UPS Store 2,250 SF

Amenities

  • Signage

Public Transportation

Transit/SubwayDriveWalkDistance
East/West Transit Stop (Charlotte Trolley, LYNX Blue Line) 1 min 2 min 0.1 mi
Tremont Transit Stop (Charlotte Trolley) 1 min 4 min 0.1 mi
Atherton Mill Transit Stop (Charlotte Trolley) 1 min 5 min 0.2 mi
Bland Street Transit Stop (Charlotte Trolley, LYNX Blue Line) 2 min 7 min 0.3 mi
Carson Transit Stop (Charlotte Trolley, LYNX Blue Line) 3 min 13 min 0.7 mi
AirportDriveWalkDistance
Charlotte Douglas International Airport 14 min - 6.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Shawn George 704-503-9608 Queen City Commercial
Shawn George 704-503-9608 Queen City Commercial