COMMERCIAL CONFIDENTIAL: G.G. Galloway House

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CHARLOTTE – In September of last year, Dan Morrill thought he may have to face one of the toughest parts of his job.

The historic G.G. Galloway House, at 602 E. Morehead St., was facing a possible demolition, after its long-time owner, who was trying to sell the property, found that buyers were more interested in the land than the house.

So Morrill, director of the Charlotte-Mecklenburg Historic Landmarks Commission, was afraid he may have to see the house – built in 1915 – torn down to make way for new development. So great was Morrill’s concern, he said, he considered having the Landmarks Commission buy the house to avoid demolition.

Turns out, that worry was premature. Nicole and Ron Sodoma, of Charlotte-based Sodoma Law, in November bought the house for $1.5 million, saving it from the threat of the wrecking ball’s wrath. Mecklenburg County records show the tax value of the house is $596,000. The owners plan to restore the house to its original resplendence, Sodoma says.

Sodoma and Doma Vida Capital, a local investment firm, occupy the first floor of the house, according to the company. But the owners are looking to lease 2,500 square feet on the house’s second floor.

According to Sodoma, the company would like to rent the space to “companies or individuals focused on furthering the health and welfare of the law firm’s clients. Therapists, life coaches, financial planners, accountants, insurance providers and others are encouraged to consider this space.”

The second floor of the house has four executive offices, one business manager’s office and adjoining administrative space for lease, according to the company. After a recent upfit, tenants will be provided with the most up-to-date technology, which includes high-speed fiber optic internet and VoIP telephone solutions. Tenant common areas include two large, furnished conference rooms; a reception area with in-house administration; a full kitchen; three restrooms; and ample parking. To inquire into leasing this space, please contact Ron Sodoma at 704-334-8055.

The house is part of the Midtown office submarket, which has 69 office buildings totaling 3.5 million square feet, according to Karnes Co., a local real estate analytics firm. The vacancy rate in Midtown is 8 percent and the average rent is $23.03 per square foot. There’s no word on what Sodoma will be asking in rent.

The Galloway House is the only surviving structure in what used to be a wealthy residential district on the south side of East Morehead Street in Dilworth, according to the Landmarks Commission. The bungalow-style house was designed by William Peeps, an architect of regional significance in the first half of the 20th century in Charlotte, the Landmarks Commission website says.

Property: G.G. Galloway House

Address: 602 E. Morehead St., Charlotte

Quick facts: The prior owner was considering demolishing the historic house, because potential buyers of the property to that point were interested in only the land.

Year built: 1915

Square footage: 5,783

Owner: Nicole & Ron Sodoma

Tenants: Sodoma Law & Doma Vida Capital

Purchase date: November 2013

Purchase price: $1.5 million, according to county records.