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221 E Kingston Ave
Charlotte, NC 28203
Asking Price
$1.32M
Asset Type
Storefront Retail
Class
Class B
What's Special
1,370 SF Stand-Alone Retail/Office for Sale in Historic Dilworth <ul><li>1,370 SF stand-alone retail/office building</li><li>TOD-NC-HDO zoning</li><li>0.16-acre lot</li><li>5 private rear parking spaces plus street parking</li><li>Walkable to South End, East Blvd, South Blvd, the Rail Trail, and East/West LYNX Blue Line Station</li><li>Additional rear lot area may offer future expansion or outdoor activation potential, subject to approvals</li><li>One restroom includes a stand-up shower, adding flexibility for retail, studio, wellness, or office use</l
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NOI
$80,000
Cap Rate
6.04%
DSCR
1.02
Tight
Cash-on-Cash
0.34%
Monthly Payment
$6,555.377
Annual Cash Flow
$1,335.475
