1938 E Market St - Office FOR SALE


Greensboro, NC 27401- Eastside Park
$139,900 USD
336-706-3221
1938 E Market St, Greensboro, NC for Sale
$139,900 USD
Office - FOR SALE
1/9
null | Request Cap Rate

1938 E Market St
Greensboro, NC 27401
Eastside Park


HIGHLIGHTS

  • CM Commercial Zoning Grandfathered Multifamily Use
  • Revitalization Commercial Overlay District
  • Near NC A&T State University
  • Minutes to Downtown Greensboro
  • Adjacent Parcel Also Available
  • Value-Add Investment Opportunity

OVERVIEW

Positioned within a growing Greensboro revitalization corridor, this grandfathered multifamily investment property offers a unique opportunity to acquire an asset located within a commercial overlay district just minutes from NC A&T State University, downtown Greensboro, shopping, dining, entertainment, and major transportation routes. Built in 1955, the property presents an excellent value-add opportunity for investors seeking to renovate, reposition, or expand their portfolio in a strategic location experiencing continued investment and growth. The grandfathered multifamily use provides a unique opportunity within the commercial overlay district while allowing investors to capitalize on the area's long-term potential. Seller is also offering the adjacent investment property(parcel 10380), for sale and prefers a simultaneous purchase of both parcels but will consider separate offers. Property is being sold as-is. Buyers are encouraged to verify zoning, overlay requirements, permitted uses, and development opportunities with the City of Greensboro. Showings by appointment only. Current occupancy is subject to unwritten rental arrangements. Please do not disturb occupants.

FOR SALE DETAILS

PRICE

$139,900 USD

PRICE/SF

$114 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1955

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

GB/CM

APN/PARCEL ID

0010381

ASK ABOUT THIS PROPERTY

Melvina SmithDominion RealtyMore Info
336-706-3221

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Melvina SmithDominion RealtyMore Info
336-706-3221

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