For Sale
$1,800,000

528 Charles StMatthews, NC 28105

8,000+ sq ft, 5-unit warehouse, high cash flow.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 1-story warehouse, situated on a 1.3-acre lot in Matthews, North Carolina (APN 215-014-01), presents a compelling investment opportunity. The property, built in 1965, boasts over 8,000 square feet of space with impressive 17+ foot ceilings. Currently configured as five individual units, generating consistent cash flow from automotive and outdoor storage uses, this property offers immediate return on investment. The warehouse features upgraded LED lighting throughout, ample parking, and updated 2-phase electrical systems. Each unit includes tankless water heaters and central air conditioning. Conveniently located near I-485, this property provides easy access to restaurants, retail, and other businesses. Zoned R-9, allowing for a variety of uses, the current automotive use is grandfathered by the Town of Matthews for similar uses. The asking price for this turnkey operation is $1,800,000. Don't miss this chance to acquire a high-performing asset in a thriving location.

Highlights

  • $1,800,000 asking price.
  • 1-story, 8,000+ SF warehouse on 1.3 acres.
  • Five units generating cash flow.
  • Located in Matthews, NC (28105), at 528 E Charles St.
  • Built in 1965, with updated LED lighting, 2-phase electrical, and tankless water heaters.
  • R-9 zoning; currently used for automotive storage (grandfathered use).

Property Details for 528 Charles St

Property type
Warehouses, Industrial properties
Year Built
1965
Buildings
1
Stories
1
Lot Size (sq. ft)
56,628 SF
Units
5

Location Insight

City
Matthews
County
Mecklenburg
State
North Carolina
Latitude
35.112674
Longitude
-80.7154701
528 Charles St, Matthews, North Carolina

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528 Charles St
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