New ListingPRIME COMMERCIAL INVESTMENT OPPORTUNITY IN CHARLOTTE, NC! Discover an exceptional opportunity to own a 99-room hotel situated on approximately 1.81 acres at 4904 Reagan Drive in Charlotte. Conveniently located near major highways, Charlotte Douglas International Airport, Uptown Charlotte, and the city's growing business and entertainment districts, this property offers excellent accessibility for both business and leisure travelers. With an established hospitality use, substantial room inventory, and a desirable location within the Charlotte market, this property presents an exciting opportunity for hotel investors, experienced operators, and buyers seeking a value-add commercial investment. The property offers potential for operational improvements, renovations, repositioning, and increased revenue through strategic management. Whether you're looking to expand an existing hospitality portfolio or establish a presence in one of North Carolina's largest metropolitan markets, this property deserves your attention. Schedule your private showing today and explore the possibilities!
| MLS # | 4435534 |
|---|---|
| Listing Type | For Sale |
| Style | Hotel/motel |
| Sub-Type | Resale |
| Status | Active |
| Year | 1987 |
| Days On Site | 3 |
| Listing Provided By | Keller Williams South Park | Joey Portnova |
| SQ Feet | 52,479 |
|---|---|
| Acreage | 1.82 |
| Construction Materials | Hard Stucco |
|---|---|
| Foundation Details | Slab |
| Lot Features | Level, Paved |
| Utilities | Cable Available, Electricity Connected |
|---|
| List Aor | Canopy Realtor Association |
|---|
| Property | 3810600 |
|---|
| State | NC |
|---|---|
| County | Mecklenburg |
| City | Charlotte |
| Zip Code | 28206 |
| Area | Mecklenburg |
| Listing VS Median (in 28206) | |
Price: $6,195,000 low | high Med: $399,000 sqft: 52,479 low | high Med: 1,622 $ / sqft: $118 low | high Med: $246 On site: 3 low | high Med: 112 | |
| State | NC |
|---|---|
| County | Mecklenburg |
| City | Charlotte |
| Zip Code | 28206 |
| Area | Mecklenburg |
| Listing VS Median (in 28206) | |
Price: $6,195,000 low | high Med: $399,000 sqft: 52,479 low | high Med: 1,622 $ / sqft: $118 low | high Med: $246 On site: 3 low | high Med: 112 | |