705 W Rosemary St - Storefront FOR SALE


Chapel Hill, NC 27516
$1,000,000 USD
919-349-5414
705 W Rosemary St, Chapel Hill, NC for Sale
$1,000,000 USD
Storefront - FOR SALE
1/16
null | Request Cap Rate

705 W Rosemary St
Chapel Hill, NC 27516


HIGHLIGHTS

  • Mixed-use configuration with bar/restaurant space on the ground floor and leased upper-level premises.
  • Furniture, fixtures, and equipment for the bar included in sale price.
  • Walkable location near UNC campus, Weaver Street Market, and Carrboro nightlife.
  • Positioned in a high-traffic, amenity-rich corridor with strong pedestrian connectivity.
  • Excellent opportunity for owner-operators seeking additional rental income.

OVERVIEW

This unique mixed-use property offers a dynamic investment opportunity in the heart of vibrant Downtown Carrboro, providing proximity to the University of North Carolina at Chapel Hill and a rich array of surrounding lifestyle amenities. The building includes a fully built-out, second-generation bar space on the ground level, complete with patio seating and all furniture, fixtures, and equipment included in the purchase price. The upper level features an income-producing tenant space, creating an immediate revenue stream for the new owner. Situated along West Rosemary Street at Sunset Drive, the property is surrounded by cultural attractions including Cat’s Cradle, Weaver Street Market, and Carr Mill Mall, as well as a diverse selection of retail shops, restaurants, and nightlife venues. Its walkability and connectivity with the surrounding Chapel Hill-Carrboro market emphasize its appeal for both investors seeking stable returns and operators looking for a prime owner-occupant opportunity. Limited availability in this thriving corridor further enhances the long-term potential of this asset.

FOR SALE DETAILS

PRICE

$1,000,000 USD

PRICE/SF

$421 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1952

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

CROSS STREETS

Sunset Dr

LAND ACRES

0.03 AC

LAND SF

1,375 SF

ZONING

B1-G

APN/PARCEL ID

9788063493

ASK ABOUT THIS PROPERTY

Vinita ChaudharyJain RealtyMore Info
919-349-5414

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Vinita ChaudharyJain RealtyMore Info
919-349-5414

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