415 N Edgeworth St - Office FOR SALE


Greensboro, NC 27401- Downtown Greensboro
$4,699,000 USD
336-339-2019
415 N Edgeworth St, Greensboro, NC for Sale
$4,699,000 USD
Office - FOR SALE
1/13
null | Request Cap Rate

415 N Edgeworth St
Greensboro, NC 27401
Downtown Greensboro


HIGHLIGHTS

  • Excellent location in downtown Greensboro.
  • Situated directly across the street from the ballpark.

OVERVIEW

Downtown Greensboro Redevelopment / Investment Opportunity Rare opportunity to acquire a high-visibility assemblage directly across from First National Bank Field (Greensboro Grasshoppers). Offering includes 415 N. Edgeworth St plus 505 W. Smith St and 420, 422, 424 N. Spring St—nearly 2 acres total in the heart of downtown. The four homes on Smith/Spring sit on a prominent corner lot and are leased through 7/01, providing immediate income with future redevelopment flexibility. Pricing: • $1,700,000 for 505 W. Smith St + 420, 422, 424 N. Spring St • $2,999,000 for 415 N. Edgeworth St only • $4,699,000 for the full assemblage Property Highlights: • Site Size: ±1.30 acres (Edgeworth parcel) / ± .59 (505 W. Smith St + 420, 422, 424 N. Spring St) nearly 2 acres combined • Current Income: $228,457 annually (before expenses- Edgeworth parcel) / $96,000 annually (505 W. Smith St + 420, 422, 424 N. Spring St) • Leases: Mix of short- and intermediate-term in place • Location: Across from the ballpark in Downtown Greensboro • Potential: Mixed-use, multifamily, retail, office, or redevelopment Investment Summary: Strong in-place income today with exceptional long-term redevelopment potential in one of Greensboro’s most visible and growing downtown corridors.

FOR SALE DETAILS

PRICE

$4,699,000 USD

PRICE/SF

$123 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

and 505 W. Smith, 420, 422, 424 N. Spring St

PROPERTY TYPE

Office

ADD'L SUBTYPES

Freestanding, Medical, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1966

SPRINKLERS

-

PARKING SPACES

90

LAND DETAILS

LAND ACRES

1.33 AC

LAND SF

57,935 SF

ZONING

GOH

APN/PARCEL ID

0001736

ASK ABOUT THIS PROPERTY

Wayne TroxlerGuilford Realty Group IncMore Info
336-339-2019

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Wayne TroxlerGuilford Realty Group IncMore Info
336-339-2019

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