919-618-3026
203 E Franklin St, Chapel Hill, NC for Sale
Storefront - FOR SALE
1/12
null | Request Cap Rate

203 E Franklin St
Chapel Hill, NC 27514
Downtown Chapel Hill


HIGHLIGHTS

  • Prime location on Franklin Street across from UNC Chapel Hill campus
  • Second generation bar & restaurant
  • Equipment in place

OVERVIEW

RCR presents a rare opportunity to acquire the former Linda’s Bar & Grill, a Chapel Hill institution for over 40 years. Located directly on Franklin Street in the heart of downtown Chapel Hill and adjacent to UNC’s campus, this property offers exceptional positioning. Franklin Street is Chapel Hill’s premier commercial corridor, benefiting from continuous foot traffic driven by UNC students, faculty, alumni, and visitors. The walkable downtown environment and University-driven demand create strong fundamentals for hospitality, retail, and experiential concepts. This mixed-use property with established bar/restaurant infrastructure offers clear pathways for value creation: • Owner-Operator: Relaunch a hospitality concept with instant brand recognition and community credibility • Investor: Reposition the asset for refreshed uses aligned with downtown Chapel Hill demand

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1932

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

CROSS STREETS

Henderson St

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

TC-1

APN/PARCEL ID

9788472773

ASK ABOUT THIS PROPERTY

Dylan Heafner, CCIM, SIORRich Commercial RealtyMore Info
919-618-3026

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Dylan Heafner, CCIM, SIORRich Commercial RealtyMore Info
919-618-3026

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