News Summary
The Dairy Queen on Wilkinson Boulevard in Charlotte, North Carolina has been sold for $1.1 million to Khan & Singh Property Management LLC. This beloved establishment has been a part of the community since 1947, making it the longest-running ice cream franchise in the city. The sale marks a significant change as the new owners are considering various redevelopment options for the historic site that has served as a gathering spot for residents over the decades.
Charlotte’s Longtime Dairy Queen Sold for $1.1 Million
The Dairy Queen located at 2732 Wilkinson Boulevard in Charlotte, North Carolina has officially been sold for $1.1 million, as per recent records from Mecklenburg County. The transaction was finalized on April 4, 2025, with the new ownership going to Khan & Singh Property Management LLC.
This particular Dairy Queen is noteworthy for its long-standing presence in the community, having been in operation since 1947. It is recognized as the longest-running ice cream franchise in Charlotte, making it a beloved fixture for many residents. The establishment occupies a total area of 0.55 acres.
Details on the Sale
Prior to its sale, the Dairy Queen was listed on the market for $1.4 million in 2022. This significant drop in price may have facilitated the recent transaction. The store had been one of only two vintage Dairy Queen locations remaining in Charlotte until the other location, situated on Central Avenue, closed in 2019. That site was subsequently transformed into a café named Milkbread.
The new ownership has indicated that the property is under consideration for various potential uses that may include another fast-food restaurant, a car wash, or an express oil change shop. This reflects a trend of repurposing properties to meet changing community needs.
Ownership Background
Before the transfer of ownership to Khan & Singh Property Management LLC, the Dairy Queen was managed by Walters Franchising. The Walters family created the Walters company in 2020, with Lacy and Blenda Walters at the helm of the operation. Under their management, the establishment maintained its operational status until the sale concluded in early 2025.
Khan & Singh Property Management LLC is not unfamiliar with the region. The company also owns an auto repair shop located nearby at 2424 Wilkinson Boulevard, suggesting a commitment to local business and diversification of their enterprise portfolio.
Historical Significance and Community Impact
The Dairy Queen on Wilkinson Boulevard holds a special place in Charlotte’s history. Since its inception, it has not only served ice cream and fast-food delights, but has also provided a gathering spot for families and friends through the decades. This sale marks a pivotal moment in the ongoing evolution of the area as development pressures and community interests continue to shape its landscape.
As the new owners explore the best use of the property, many residents are left wondering what changes lie ahead for this historic site. Whether it continues as a fast-food location or diversifies into a new service altogether, this sale signifies change and the impact of local development trends in Charlotte.
The transition at 2732 Wilkinson Boulevard reflects a broader narrative within the Charlotte community, emphasizing how businesses evolve over time to adapt to changing consumer preferences and economic conditions.
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Additional Resources
- WCNC: Charlotte’s Longtime Dairy Queen Sold
- WBTV: Dairy Queen in West Charlotte Sold for $1 Million
- QC News: Historic Charlotte Dairy Queen Sells
- Charlotte Observer: Dairy Queen Changes Hands
- Wikipedia: Dairy Queen
Author: HERE Charlotte
The CHARLOTTE STAFF WRITER represents the experienced team at HERECharlotte.com, your go-to source for actionable local news and information in Charlotte, Mecklenburg County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as Lovin' Life Music Festival, Charlotte Pride festival, and major sporting tournaments at Bank of America Stadium. Our coverage extends to key organizations like the Charlotte Regional Business Alliance and Foundation for the Carolinas, plus leading businesses in finance and entertainment that power the local economy such as Bank of America and NASCAR. As part of the broader HERE network, including HEREAsheville.com, HEREGreensboro.com, HERERaleigh.com, and HEREOBX.com, we provide comprehensive, credible insights into North Carolina's dynamic landscape.
