5808 Monroe RoadCharlotte, NC 28212Price: $925,000

  • Price: $925,000
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Federal 30-year interest rate: 7.22% last updated on Nov 30, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $925,000List Price
  • 4Bathrooms
  • 1.4Acreage
  • 3,886Square Feet

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Presenting a ±3,886 SF Office Building for Sale located in the MoRa neighborhood in East Charlotte. The building includes 2 stories of office space fully built out for a salon and day spa use. The first floor features a hair salon space, lobby/reception area, 2 bathrooms, a shower room, break room, and 4+ private treatment rooms. The second floor includes a second lobby/reception area, 2 bathrooms, a shower room, break room, and 7+ treatment rooms. Property will be sold vacant. Market rent for this space is approximately $18/SF/YR NNN ($5,829/month) making this an excellent investment opportunity. The office association monthly assessment is currently $527.39. The office association fees cover common area maintenance, exterior insurance, water, sewer, and waste management expenses. The property is a great opportunity for a general office, medical office, salon suites user, and more.

Property Details of 5808 Monroe Road

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Listed by Morgan Hamer of NewLeaf Commercial Real Estate (morgan@newleafbrokerage.com)

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