136 36Th StCharlotte, NC 28206

Property Details for 136 36Th St

Year built

1971

Lot size

2.09 AC

Property size (Sq ft)

14,000 SF

Zone code

I-1

Property type

Retail properties

Property subtype

Retail space

APN

8303139

APU

8303139

Description

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.

• 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

Property Tax & Assessments

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