415 Foster AveCharlotte, NC 28203

  • Industrial properties
  • 4,560 SF
For Sale

Property Details for 415 Foster Ave

Year built
1959
Lot size
0.34 AC
Property size (Sq ft)
4,560 SF
Zone code
I-1
Property type
Industrial properties
Property subtype
Other warehouses
APN
14505401
APU
14505401

Description

This exceptional 4,560-square-foot flex space at 415 Foster Avenue in Charlotte, North Carolina, presents a unique investment opportunity. Located in the vibrant South End neighborhood, this property boasts a highly desirable ML-1 zoning designation, allowing for versatile usage. The building's 4,560 square feet of net rentable space offers ample room for a variety of businesses, from industrial operations to office spaces, or a combination thereof. Its mixed-use nature caters to diverse needs, making it an attractive option for owner-occupiers or investors seeking a strong return. The property's strategic location places it within easy reach of Charlotte's South End and LoSo districts, providing convenient access to a wealth of amenities. Nearby, residents and employees will find numerous multifamily residences, retail shops, and acclaimed restaurants. The light rail system's proximity further enhances accessibility and connectivity. This location offers unparalleled convenience and visibility within a thriving and rapidly developing area of Charlotte, making it an ideal choice for businesses seeking a dynamic and well-connected base of operations. The property is situated in Mecklenburg County, North Carolina, with a zip code of 28203. Its coordinates are 35.2004467 latitude and -80.8746421 longitude.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,723,353
    Hospitality
    $1,578,582
    Educational
    $1,313,362
    Medical
    $1,358,530
    Retail
    $2,043,007
415 Foster Ave, Charlotte, North Carolina

Location Insight

City
Charlotte
County
Mecklenburg
State
North Carolina
Latitude
35.2004
Longitude
-80.8747
CBSA code
16740
CBSA name
CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,303
$446,300
$276,700
$723,000
-
$446,300
$276,700
$723,000

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