Prime property in Plaza Midwood ‘coming soon' to the market

CHARLOTTE, N.C. — A large property at Plaza Midwood’s prime intersection that’s been under the same ownership for more than 40 years will soon be listed on the market.

['I cannot put it into words': Dairy Queen owner sad to leave Plaza]

About 12 acres at Pecan and Central avenues, encompassing a development called Central Square, is “coming soon” to the market, according to a flyer with Charlotte brokerage Berkeley Capital Advisors. The listing doesn’t currently have an asking price but the entire property is valued at $18.2 million, according to the most recent Mecklenburg County property revaluation.

The listing appears to include what is today three separate but contiguous parcels: the 4.5-acre swath that includes former warehouse buildings with tenants that include a yoga studio and hair salons; a 6.3-acre segment that includes a strip retail center with tenants like The Roasting Co. and Bistro La Bon as well as surface parking and outparcel buildings like Elizabeth Billiards and Sammy’s Deli; and the 1.1-acre plot at the hard corner, where CVS Pharmacy operates.

Read more here.

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