111 W Washington St - Hospitality FOR SALE


Greensboro, NC 27401- Downtown Greensboro
$2,000,000 USD
336-255-4813
111 W Washington St, Greensboro, NC for Sale
$2,000,000 USD
Hospitality - FOR SALE
1/5
null | Request Cap Rate

111 W Washington St
Greensboro, NC 27401
Downtown Greensboro


OVERVIEW

Filled with rich history and intriguing legend, the charming Victorian-style Biltmore Hotel is the oldest hotel in the city of Greensboro. Located in the downtown district the building, believed to be constructed in 1895, houses a total of 25 rooms to include 4 guest suites and 4 efficiencies, all enhanced to take you back to simpler times! This structure can be transformed to upstairs living quarters. Just out the door, enjoy exceptional restaurants, breweries, shopping and entertainment, to include the Tanger Performing Art Center! The property offers an easy walk to the Amtrak Station and allows convenient access to Interstates 85 and 40. Although elegant in its current state the potential is there to create upscale apartment living in the heart of Greensboro!

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$115 USD /SF

# OF ROOMS

24

PRICE/ROOM

$83,333 {currency}

CAP RATE

Request Cap Rate

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Biltmore Greensboro Hotel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1920

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

CB

APN/PARCEL ID

0000343

ASK ABOUT THIS PROPERTY

Andy ZimmermanAZ Development, LLCMore Info
336-255-4813

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Andy ZimmermanAZ Development, LLCMore Info
336-255-4813

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.