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29280619
29280620

503 W Main St, Carrboro, NC 27510

TW
NC NC 88663
ColdWell Banker Howard Perry And Walston
Listed by ColdWell Banker Howard Perry And Walston
$5,000,000
2056 days on market
Updated 120 days ago

503 West Main St

Details
APN 9778664904
Property Type Mixed Use
Sub Type commercial;
Square Footage 20,000
Occupancy 1%
Rent Bumps Yes
Price per SqFt $250
Broker Co-Op Yes
Class B
Year Built 1968
Year Renovated 1992
Buildings 2
Stories 1
Acreage 1.850
Zoning b1g
Parking Spaces 100 spaces
Parking Per SqFt 5.00
Investment Type Redevelopment
Ceiling Height 15
Sale Condition For sale by owner

development property

Marketing description

Main St Carrboro ,adjacent to Carrboro Town Hall and Farmers Market , walk or bike UNC. On bus line

Currently occupied property. Highest and best use would be Re-development of the property. Must see contact person about seeing the property, by appointment only. There is an adjacent property and building that can be purchased 501 W, Main St.

Investment highlights

  • Prime location for redevelopment

  • 503 W. Main Carrboro

  • Property is located adjacent to Carrboro Town Hall. Front of property

  • is on W. Main, the north side is adjacent to W. Popular , the south

  • side is adjacent to Fidelity St.

  • City Water and Sewer.

  • The main building ,originally was an A & P Food Store building, and

  • an addition was added in the 1070's .

  • Approximately 120 parking places.

  • Best and highest use would be to redevelop the property to combination

  • of Commercial, Office and residential condos. .

  • There is a tenant currently occupying the building, they have one /two

  • years left on their lease, negotiable

  • Price $5,000,000.00

  • There is an adjacent building available

Listing Contacts

TW
NC NC 88663
ColdWell Banker Howard Perry And Walston
Listed by ColdWell Banker Howard Perry And Walston

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Additional Information

Name
tommy watts
License
NC 88663
Brokerage
Coldwell Banker HPW
Brokerage Phone
9192600054
Brokerage Address
1600 East Franklin Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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