This exceptional 13,937-square-foot retail space presents a unique opportunity in Charlotte's vibrant NoDa arts district. Located at 136 E 36th St, in Mecklenburg County, this single-suite property offers a blank canvas for a discerning tenant seeking a prominent presence in a thriving, historically significant neighborhood. The entire building is currently vacant, providing complete flexibility for build-out and customization to meet specific business needs. NoDa, or North Davidson, is renowned as Charlotte's major arts center, attracting a creative and engaged community. Its rich history, listed on the National Register of Historic Places, reflects its evolution from a textile manufacturing hub to a dynamic arts and entertainment destination. This property's northern NoDa location offers exceptional visibility and access to a diverse customer base. The property is categorized as Commercial Retail with multiple tenancy potential, making it ideal for a variety of uses. The address is 136 E 36th St, Charlotte, NC 28206. This is a rare opportunity to establish a flagship location within a rapidly growing and culturally significant area of Charlotte. The property's size and location offer significant potential for high visibility and strong returns. The building's square footage is 13,937, all of which is currently available.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$5,036,673
6.5%
$4,649,236
7%
$4,317,148
Comparable approach
Method
Valuation
Relative Method
$5,974,315
Geo Method
$5,974,315
Alternative Use
Use
Valuation
Residential
$3,921,805
Hospitality
$3,592,352
Educational
$2,988,795
Medical
$3,091,584
Retail
$4,649,236
Location Insight
City
Charlotte
County
Mecklenburg
State
North Carolina
Latitude
35.2516
Longitude
-80.8083
CBSA code
16740
CBSA name
CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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