Business

Charlotte’s oldest restaurant will lose its home after its building gets sold

Charlotte’s oldest restaurant is losing its home, and it’s fate remains uncertain.

The building that’s home to the nearly century-old uptown hot dog spot Green’s Lunch has been listed for sale for $3 million. The iconic eatery has been slinging dogs since 1926 at 309 W. 4th St. And since 1975, it has been run by the Katopodis family.

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The building where the nearly 1,600-square-foot restaurant serves breakfast and lunch was listed for sale by Sands Investment Group.

Green’s Lunch will close the restaurant following a sale of the property, Saeed Moghadam, listing broker with Sands Investment Group, confirmed to The Charlotte Observer Wednesday. “The business will not remain there,” he said. “But Green’s may show up in another Charlotte location.”

Moghadam expects a developer could buy the property and available adjacent lots to build a new high rise, and he sees opportunity for a mix of hotel, offices, retail and residences.

The Katopodis family could not be reached for comment.

Green’s Lunch, nestled in uptown Charlotte on West 4th Street, is a nearly 100-year old business that is struggling with labor shortages and higher prices on everything from ingredients to cutlery.
Green’s Lunch, nestled in uptown Charlotte on West 4th Street, is a nearly 100-year old business that is struggling with labor shortages and higher prices on everything from ingredients to cutlery. John D. Simmons Observer file photo

The one-story brick front building with a side mural is owned by GL Fourth LLC, owned by Jerri Katopodis Holevas and Tommy Holevas, according to Mecklenburg County property records.

Last year, the property was listed for sale for $2.5 million. At that time, owner Joanna Sikiotis told CharlotteFive she planned to work out a deal to stay and keep Green’s Lunch open.

In August, Sikiotis told The Charlotte Observer the restaurant was struggling with higher costs, fewer workers and supply chain issues.

Nick Sikiotis (left), 32 and his mother Joanna Sikiotis, 62 (center) serve customer, Mark Cheek, 62. A family cousin,Andreas Arethas (back center), 42, is temporarily helping out as a cook. Green’s Lunch, nestled in uptown Charlotte on West 4th Street, is a nearly 100-year old business that is struggling with labor shortages and higher prices on everything from ingredients to cutlery. Joanna Sikiotis, 59 and her son Nick Sikiotis,32, each work at the restaurant every day since they have no staff besides themselves and a couple of other family members. They posed for photos and worked the lunch rush on Thursday, Aug. 11, 2022.
Nick Sikiotis (left), 32 and his mother Joanna Sikiotis, 62 (center) serve customer, Mark Cheek, 62. A family cousin,Andreas Arethas (back center), 42, is temporarily helping out as a cook. Green’s Lunch, nestled in uptown Charlotte on West 4th Street, is a nearly 100-year old business that is struggling with labor shortages and higher prices on everything from ingredients to cutlery. Joanna Sikiotis, 59 and her son Nick Sikiotis,32, each work at the restaurant every day since they have no staff besides themselves and a couple of other family members. They posed for photos and worked the lunch rush on Thursday, Aug. 11, 2022. John D. Simmons Observer file photo

Skitotis could not be reached for comment. She has owned the business since 1989 when her father, Philip Katopodis, retired in 1989. He died in September.

Skitiotis told Charlotte Axios recently that the restaurant’s future is “up in the air right now.”

Charlotte has seen several other longtime restaurants close including The Charlotte Cafe, Mr. K’s and Price’s Chicken Coop.

This story was originally published December 21, 2022 at 5:50 AM with the headline "Charlotte’s oldest restaurant will lose its home after its building gets sold."

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