1024 N Tryon St

Investment Highlights

Incredible redevelopment opportunity near vibrant, Uptown Charlotte Close and direct access to Interstate 277, Interstate 77 and Interstate 85 Frontage on N. Tryon Street, one of the main thoroughfares in Uptown Charlotte

Executive Summary

Bankruptcy Sale: Prime Redevelopment Opportunity / Plans in place for mixed-use office & restaurant / entertainment venue.Great Neck Realty Co. and Iron Horse Commercial Properties are excited to offer an extraordinary redevelopment opportunity less than a mile from the center of Uptown Charlotte, North Carolina. Located in Charlotte?s Lockwood neighborhood, this incredible redevelopment site located at 1024 N. Tryon Street & 1027 N. College Street has been primed for mixed-use redevelopment with proposed plans in place for Office & Entertainment/Restaurant use. The prime corner lot of 1024 N. Tryon not only offers a strategic location within a central business district, but these parcels are also located in the heart of current redevelopment providing tremendous upside potential in in the continuously growing and desirable city of Charlotte.

• Sale Type    Owner User
• Sale Conditions    Distress Sale Distress Sale Redevelopment Project Distress Sale
• Property Type    Office
• Property Subtype    Loft/Creative Space Loft/Creative Space General Retail Freestanding General Retail Restaurant General Retail Storefront Retail/Office Loft/Creative Space
• Building Size    8,175
• Building Class    C
• Year Built    1925
• Tenancy    Multiple
• Building Height    2 Stories
• Typical Floor Size    4,000
• Slab To Slab    10?
• Building FAR    0.65
• Land Acres    0.29 AC
• Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

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