233-235 S Elm St - Storefront Retail/Residential FOR SALE


Greensboro, NC 27401- Downtown Greensboro
$1,300,000 USD
336-663-8853
233-235 S Elm St, Greensboro, NC for Sale
$1,300,000 USD
Storefront Retail/Residential - FOR SALE
1/5
null | Request Cap Rate

233-235 S Elm St
Greensboro, NC 27401
Downtown Greensboro


OVERVIEW

233 S Elm Street | Greensboro, NC Rare opportunity to acquire a 6,400 SF mixed-use building in the heart of Downtown Greensboro. The building features approximately 3,200 SF per floor, plus an ±800 SF mezzanine (not included in the building square footage). The street level offers prime retail frontage on South Elm Street, while the second floor is well-suited for residential conversion with the potential for a 2-3 bedroom living space, 12-foot ceilings, and abundant natural light. Property includes four dedicated rear parking spaces, with the potential for 3-5 additional spaces along Washington Street, subject to City of Greensboro approval. The Washington Street area may also accommodate an outdoor seating or patio area, depending on permitted use and City approval. Additional features include a newer roof (approximately 5-7 years old) and a highly desirable downtown location within walking distance of restaurants, entertainment, and office users. Highlights 6,400 SF total building ±3,200 SF floor plates ±800 SF mezzanine (not included in SF) Prime South Elm Street retail frontage Second floor suitable for residential/live-work conversion 12' ceilings on second floor 4 dedicated rear parking spaces Potential for 3-5 additional parking spaces or outdoor seating (subject to City approval) Newer roof Rare mixed-use owner/user or investment opportunity

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$246 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1888

SPRINKLERS

-

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,178 SF

ZONING

CB

APN/PARCEL ID

0000046

ASK ABOUT THIS PROPERTY

Mark McCrackenRange PropertiesMore Info
336-663-8853

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Mark McCrackenRange PropertiesMore Info
336-663-8853

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