www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
29147478
29147479

300 N Hayne St, Monroe, NC 28112

JP
NC NC 151915
Walt Perry Realty
Listed by Walt Perry Realty
$1,800,000
149 days on market
Updated 53 days ago

300 N. Hayne Street

Details
Property Type Office, Retail (+1)
Sub Type Bank, Convenience Store (+1)
Square Footage 9,828
Units 4
Cap Rate 6.11%
NOI $110,042
Occupancy 77%
Tenancy Multi
Lease Type Modified
Pro-Forma Cap Rate 6.69%
Pro-Forma NOI $120,378
Price per SqFt $183
Broker Co-Op Yes
Class C
Year Built 1977
Year Renovated 2025
Buildings 1
Stories 1
Acreage 0.260
Zoning DG-MX

Investor or Owner/Occupier Opportunity in Downtown Monroe, NC

Marketing description

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.

  • 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.

Listing Contacts

JP
NC NC 151915
Walt Perry Realty
Listed by Walt Perry Realty

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$110,042.00
$9,170.17/mo

Valuation Metrics

0
DSCR
6.11%
Cap Rate
6.11%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Jesse Perry
License
NC 151915
Brokerage
Walt Perry Realty Inc.
Title
Broker in Charge
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591