300 N Hayne St - Loft/Creative Space FOR SALE


Monroe, NC 28112
$1,800,000 USD
704-283-8181
300 N Hayne St, Monroe, NC for Sale
$1,800,000 USD
Loft/Creative Space - FOR SALE
1/14
null | 6.69% 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 7,721 square feet currently occupied by two tenants 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

6.69%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

ADD'L SUBTYPES

Storefront Retail/Office, Loft/Creative Space, Health Club

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

MG-DX

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.