2937 Commonwealth Avenue, Charlotte, North Carolina, United States, 28205

1,100,000
Coming Soon

About the property:

Rare infill development opportunity on Commonwealth Avenue, one of Charlotte's most desirable and fast-appreciating corridors. This ±0.57-acre site sits directly beside an existing apartment community and among established townhomes, making it a strong candidate for rezoning to a higher-density residential use such as townhomes. Currently zoned N1-D and bordered by Neighborhood 2 (N2) on the side and rear, the property is ideally positioned for a townhome redevelopment, both today and under the Charlotte 2040 plan. City water and sewer are available at the Commonwealth Avenue frontage, with ±100 ft of frontage and an existing curb cut for site access. Located within roughly 10 minutes of Uptown, NoDa, South End, and the Uptown sports and entertainment district (Panthers, Knights, and Hornets), with quick connections to Central Avenue, The Plaza, and Independence Boulevard. Sold for land value. Cooperative seller willing to work with a builder through the process. Buildable area, unit yield, and entitlements subject to confirmation by the buyer's engineer and the City of Charlotte. Bring your builders and investors.
Property Type:
Lot
Status:
Coming Soon
House Style:
Other
Acres:
0.573
Association Fee:
0
Is Art:
Yes
Is Apartment:
Yes
Is Entertainment:
Yes
Is Land:
Yes
Is Other:
Yes
Is Sports:
Yes
Is Unit:
Yes
Listing ID:
CAR4420028

Rooms

Dimensions

Brokered by:
Coldwell Banker Realty
Presented By:

Kristen Haynes

BIC, GC, CMRS Broker/Realtor, NC/SC

New Home Buyers Brokers / Realty Pros