601 N Charlotte Avenue
Monroe, NC, 28110 $ 1,900,000
Bedrooms-- Baths-- Monthly Estimate*
$ 13,123
for $1,900,000. This building was built in 1920 on a lot size of 5.17.
DOWNTOWN OPPORTUNITY – MOTIVATED SELLER! Positioned just outside the heart of downtown Monroe, this 5+ acre industrial property offers over 9,200 SF with unlimited potential for investors, developers, entrepreneurs, or owner-users seeking a high-visibility property with flexible zoning and multiple income-producing possibilities. Zoned General Industrial, the property is ideal for commercial parking, warehouse/distribution, contractor operations, automotive services, flex space, storage, manufacturing, or a mixed-use redevelopment concept. Over 50% of the site is already improved with gravel and concrete, allowing for easy access, equipment storage, fleet parking, or outdoor business operations. The main warehouse building features high ceilings and two loading docks (front and rear), providing excellent functionality for industrial or distribution use. Attached is an additional building well-suited for showroom, office, retail, or reception space. A detached accessory building offers even more flexibility — use it for additional workspace, storage, or immediate rental income. Investors may also explore leasing individual rear shop spaces to automotive or trade-related tenants for multiple streams of income. For buyers with a creative vision, this property presents a rare chance to create a unique downtown destination. The industrial character, proximity to the railroad tracks, expansive outdoor space, and location near the new police and fire stations make it an ideal setting for a brewery, distillery, food hall, entertainment venue, artisan marketplace, event space, or trendy mixed-use concept. The large outdoor areas could easily accommodate live music, games, food trucks, festivals, and community events. Several public parking areas nearby add to the accessibility and appeal. Additional features include industrial power, city water/sewer/gas, abundant front and rear parking, loading docks, accessory structures, and vacant possession for immediate redevelopment. The property does need renovation, but the possibilities here are truly endless. Bring your ideas, your plans, and your vision — and transform this property into the next destination or income-producing asset in one of Monroe’s growing downtown areas. Partial ownership opportunities may also be considered.
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FeaturesGeneralSewer Public Sewer
Heating Other - See Remarks
Cooling Other - See Remarks
Roof Aluminum Steel Other - See Remarks
Zoning AV6
Construction Materials Block Brick Full
Year Built 1920
Property Subtype Warehouse/Office
Parcel Number 09-229-025
County Union
New Construction N
Property Type Commercial Sale
HOA N
Possible Use Commercial Industrial
Building Features Delivery Door Loading Dock Receptions Room
City Monroe
Senior Community Y/N N
Open Parking Spaces 20
Lot Size Units Acres
Carport Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Standard Status Active
Restrictions Use
Tax Assessed Value 436300
Listing Terms Cash Construction Perm Loan Conventional Exchange Owner Financing
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InteriorFlooring Concrete
Basement (Y/N) N
Below Grade Finished Area 0
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ExteriorParking Features Driveway Parking Lot Parking Space(s)
Lot Features Creek Front Flood Fringe Area Level Open Lot
Water Source City Public Well
Total Parking 20
Inclusions Building Land
Lot Size Area 5.17
Foundation Details Slab
Road Surface Type Paved
Other Parking Parking in the front and continues through the gate with additional parking in the rear
Road Frontage Type City Street
Road Responsibility Publicly Maintained Road
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $13,123
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Monroe, NC
Average List Price $1,715,906
Percent of Sale Price 10%
About Monroe, NC 34,567 Population
29% Since 2002
$ 45,943 Median Income
35.55 Median Age
35% Households with Children
Trends Information provided by ATTOM Data Solutions.
294628 Elementary School
294724 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/24/2026 | $1,900,000 | -5.00% | Price Down |
| 5/22/2026 | $2,000,000 | -4.76% | Price Down |
| 5/7/2026 | $2,100,000 | | Listed Price |