3516 The PLZ Active

Charlotte,NC 28205

$ 2500000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

MLS Listing ID 4152978

Year Built 1940

Lot Size 0.854 Acres

Property Description

Rare opportunity to acquire 0.85 acres primed for redevelopment. This property, zoned for office and multi-family use, is strategically located at the corner of The Plaza and Anderson St, boasting 100 feet of road frontage on The Plaza. The offering includes 10 units (5 duplexes), currently 90% tenant-occupied with month-to-month leases. The sale encompasses the following parcels, which will be sold together: Parcel #093-051-02, #093-051-01, #093-051-14, and #093-051-17. The true value lies in the land, as the duplexes require deferred maintenance. The listed tax value reflects the total for all parcels.

Location

State NC

County Mecklenburg

Zoning O2,R22MF

Interior

Inclusions Building,Land

Exterior

Roof Type Composition

Building

Lot Description Corner Lot

Dwelling Type Site Built

Foundation Crawl Space

Structure Type Brick Full

New Construction false

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition None

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