2 Locations

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.