For Sale
$850,000

2316 Lasalle St Charlotte, NC 28216

Prime location, high traffic, redevelopment potential

Overview

Added:
Dec 11, 2024
Days on market:
137
This 1,014 square foot, single-story retail building located at 2316 Lasalle St, Charlotte, NC 28216, presents a compelling value-add investment opportunity. Situated on a 0.31-acre lot with ample paved parking, the property boasts prime road frontage on Lasalle Street, benefiting from high traffic counts of 16,000-19,000 vehicles daily at the intersection with Beatties Ford Road. Previously operating as a long-standing family-owned restaurant, the property is zoned CG and offers redevelopment potential for QSR, restaurant, or storefront uses. The property's location within a thriving corridor of University Park redevelopment, near a recently renovated McDonald's, TD Bank, and other established retailers, ensures strong visibility and accessibility. Potential buyers should conduct their own due diligence to verify the possibility of tax incentives through the Charlotte Historic Landmark Commission. The building is classified as Class C and features a single tenancy with a NNN lease type. The asking price is $850,000. This property is an excellent opportunity for owner-users or investors seeking a redevelopment project in a high-growth area of Charlotte.

Highlights

  • $850,000 asking price for a 1,014 SF retail property.
  • Located in Charlotte, NC, at 2316 Lasalle St, in the University Park area.
  • Property type: Retail, Subtype: QSR/Fast Food, Restaurant, Storefront; Class C; Single-tenant; NNN lease.
  • 0.31-acre lot with 1 building, 1 story; APN: 06917120; CG zoning.
  • High traffic area (16,000-19,000 cars/day); Near redeveloped McDonald's and other retailers.
  • Value-add opportunity; potential for tax incentives (buyer to verify).

Property Details for 2316 Lasalle St

Property type
Retail properties, Restaurants
Square Feet
1,014 SF
Class
C
Buildings
1
Stories
1
Lot Size (sq. ft)
13,504 SF

Location Insight

City
Charlotte
County
Mecklenburg
State
North Carolina
Latitude
35.2630957
Longitude
-80.8555958

FAQs

What type of property is this?
Retail property - Prime location, high traffic, redevelopment potential
Where is the retail property located?
The property is located at 2316 Lasalle St Charlotte, NC.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: $850,000 asking price for a 1,014 SF retail property.; Located in Charlotte, NC, at 2316 Lasalle St, in the University Park area.; Property type: Retail, Subtype: QSR/Fast Food, Restaurant, Storefront; Class C; Single-tenant; NNN lease.
How can I contact the broker?
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2316 Lasalle St
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