300 N Hayne St - Office FOR SALE


Monroe, NC 28112
$1,800,000 USD
704-283-8181
300 N Hayne St, Monroe, NC for Sale
$1,800,000 USD
Office - FOR SALE
1/14
null | Request Cap Rate

300 N Hayne St
Monroe, NC 28112


HIGHLIGHTS

  • Aggressively growing population: 5% annual growth (up 15.7% since 2020)
  • Direct access to US Highway 74 and the Monroe Bypass
  • Abundant parking via public lots and street parking
  • One of the most recognizable and well-known buildings in Union County, just by saying "The Sunflower Building in Downtown Monroe"
  • Monroe has a thriving social district in a tight-knit community of passionate business owners
  • Thousands of homes are going to be built in Union County in the next 5 -10 years

OVERVIEW

ALSO OPEN TO LEASE 300 N Hayne Street is a mixed-use property in the heart of downtown Monroe, North Carolina. The building recently gained regional recognition with the addition of a now well-known sunflower mural painted by Girls Who Paint, making it one of the most recognizable and photographed buildings in Union County while preserving its legacy as a former bank within the historic district. Approximately 10,000 square feet of commercial space across four units in Monroe’s downtown core (just outside the historic designation — so it is NOT on the Historic Registry) Roughly 2,000 square feet currently occupied by a long-term tenant, providing immediate in-place income and a partial stabilization base Approximately 80 percent of the building available for lease-up, repositioning, or owner occupancy Former bank building with strong architectural presence, prominent street frontage, and landmark visibility Monroe is the county seat of Union County, which has a population exceeding 240,000 residents and is among the fastest-growing counties in North Carolina Monroe’s population exceeds 35,000 residents and continues to grow due to Charlotte metropolitan expansion Union County median household income approaches $100,000, providing strong regional purchasing power and support for professional and service-based tenants Five-mile trade area population exceeds 45,000 residents with continued projected growth Walkable downtown location near courthouse, government offices, local businesses, and civic anchors Well-suited for investors seeking stabilized income with value-add upside, or owner-occupiers looking to offset occupancy costs through rental income from additional units For more information, call Jessica Perry with Walt Perry Realty at 704-507-8128.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$183 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

1977

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,326 SF

ZONING

B2

APN/PARCEL ID

09-232-029

ASK ABOUT THIS PROPERTY

Jessica PerryWalt Perry Realty IncMore Info
704-283-8181

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Jessica PerryWalt Perry Realty IncMore Info
704-283-8181

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