703 Hermitage Rd presents a compelling opportunity for investors or owner-users seeking a well-located medical office asset in Burlington, NC. Built in 1967 and historically used for dental practices, the ±3,454 SF building is configured into three suites of approximately 1,100 SF each, offering flexible occupancy options for healthcare, wellness, or professional services.
Currently, one tenant remains in limited practice, contributing $1,440 in monthly gross rent plus utilities. With two suites available and the property priced at just $475,000, this asset is positioned well below replacement cost, making it an attractive candidate for value-add investors or medical professionals looking to establish or expand their footprint.
The site includes 18 dedicated parking spaces, a critical amenity for patient access and staff convenience. Its location in Burlington offers proximity to regional healthcare networks, residential neighborhoods, and commercial corridors, supporting both visibility and accessibility. Whether modernized for continued medical use or repositioned for broader office applications, the building’s layout and pricing provide a strong foundation for redevelopment.
This property is represented by Bob Lewis, Broker & Shareholder, and Howard Hawks, Broker, both with NAI Piedmont Triad. [Hermitage...Sale Flyer]