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$3,075,000 Just Listed
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Property Description
Binaco Real Estate is pleased to present the opportunity to acquire two strategically positioned commercial assets at 11240 and 11242 E Independence Boulevard in Matthews, North Carolina - one of the region's most heavily traveled and commercially active corridors. The offering consists of a ±7,940 SF renovated office/retail building - delivered vacant and positioned for owner-user or lease up - alongside a ±6,429 SF flex/warehouse facility occupied by a long-term tenant under a guaranteed lease with annual escalations, providing dependable income from day one. With ±66,700 vehicles per day on Independence Boulevard, the Property enjoys exceptional visibility, convenient access, and strong connectivity to Charlotte's major business districts and surrounding residential growth areas. B-H (ENT-O) zoning supports a broad range of office, retail, service, and entertainment users. Whether repositioning the vacant building to maximize rental income, occupying a portion of the portfolio, or holding the existing investment, this acquisition offers a blend of cash flow, leasing upside, and strong market fundamentals in one of the Charlotte region's most established commercial corridors. Building 1: 7,940 SF Office/Retail Building is fully conditioned. Building 2: 6,429 SF Warehouse Building is heated and not conditioned
Full Property Details
Full Property Details for 11240 Independence Blvd
General
- Price: $3,075,000
- Status: Active
- Type: Commercial
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4437921
- Updated: Today (10/26/2026)
- Added to Site: Today
Rooms
Bathrooms
- Total Bathrooms: 4
Location
- County: Mecklenburg
- Driving Directions: Direct Access from East Independence Blvd. Additional access on Brigman Road off Matthews-Mint Hill Rd.
- City Limits: Yes
Heating & Cooling
- Cooling Type: Central Air, Other - See Remarks
- Heating Type: Electric, Forced Air
Utilities
- Sewer: Public Sewer
- Water: City
- Utility Description: Electricity Connected
Structural Information
- # Buildings: 2
- Construction: Site Built
- # Loading Docks: 2
- Square Feet: 14,369
- Min Required: 21 Sq. Ft.
- Office: 7,940 Sq. Ft.
- Minimum Avail: 7,940 Sq. Ft.
- Year Built: 1982
Lot Features
- Street/Road Desc.: Paved
Disclosures and Reports
- Inclusions: Building, Land
- Property ID: 215-081-06
- Lot Number: 37304/254
Listed by Binaco Real Estate
Get Pre-Approved Today
Schools
Schools serving 11240 Independence Blvd
School District:Charlotte-Mecklenburg Schools
| Name | Grades | Distance |
|---|---|---|
Matthews Elementary 200 East McDowell Street, Matthews, NC 28105 | K-5 | 1.5 mi |
Crestdale Middle 940 Sam Newell Road, Matthews, NC 28105 | 6-8 | 1.3 mi |
David W Butler High 1810 Matthews-Mint Hill Road, Matthews, NC 28105 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 11240 Independence Blvd
Date
Details
Price
Change
Source
10/26/2026
Listed
$3,075,000
53.75%
MLS
4/21/2022
Sold
$2,000,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 11240 Independence Blvd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$15,937
8%
$2,063,800
4%
2023
$14,708
-22%
$1,988,600
-4%
2023
$18,820
22%
$2,063,800
20%
2022
$15,454
—
$1,723,000
—
2021
$15,454
—
$1,723,000
—
2020
$15,454
—
$1,723,000
—
2019
$15,454
24%
$1,723,000
63%
2018
$12,426
2%
$1,054,700
—
2017
$12,189
—
$1,054,700
—
2016
$12,189
-10%
$1,054,700
—
2015
$13,600
19%
$1,054,700
5%
2013
$11,402
—
$1,006,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 11240 Independence Blvd
11240 Independence Boulevard, Matthews, NC 28105 (MLS# 4437921) is a Commercial property. 11240 Independence Boulevard is currently listed for $3,075,000 and was received on October 26, 2026. Want to learn more about 11240 Independence Boulevard? Do you have questions about finding other Commercial real estate for sale in Matthews? You can browse all Matthews real estate or contact a Coldwell Banker agent to request more information.

