2937 Commonwealth Avenue, Charlotte, NC 28205

Property Description

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.