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Former Live Nation Exclusively Booked Venue 117-119 S Elm St

11,206 SF Retail Building Greensboro, NC 27401 $1,500,000 ($134/SF)

Investment Highlights

  • 11,206+/- SF indoor music venue with exceptional value-add potential & a highly accessible, highly traveled location in Greensboro, North Carolina..
  • Asset is equipped with tour bus & trailer parking w/ access to a lift, a shared easement for venue use the day of shows, and 900+ person capacity.
  • All FF&E, including lighting and sound equipment, conveys with the property, allowing for a quick set-up to get operations going again.
  • Property benefits from location in the Downtown Greensboro Historic District & is located in an Opportunity Zone, creating potential tax incentives.
  • Variety of floor plans can be achieved depending on the artist/show, and the asset includes a lounge w/ bar & cabaret tables with cocktail service.
  • Davie Street Parking Deck & Greene Street Parking Direct are within close proximity, providing guests with ample parking including street parking.

Executive Summary

This unique entertainment venue is available for lease, offering an exceptional opportunity for operators looking to capitalize on the lively Greensboro music scene. The flexible space and prime location make it ideal for hosting a wide range of events, from concerts to private parties. Interested parties are encouraged to inquire for leasing terms and conditions.

Data Room Click Here to Access

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
11,206 SF
Building Class
C
Year Built/Renovated
1949/2014
Price
$1,500,000
Price Per SF
$134
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
14’
Building FAR
1.72
Land Acres
0.15 AC
Opportunity Zone
Yes
Zoning
CB - Commercial Busines
Frontage
32 FT on S Elm St

Amenities

  • Bus Line
  • Signage

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 11,206 SF
  • Retail
  • -
  • Now

This unique entertainment venue is available for lease, offering an exceptional opportunity for operators looking to capitalize on the lively Greensboro music scene. The flexible space and prime location make it ideal for hosting a wide range of events, from concerts to private parties. Interested parties are encouraged to inquire for leasing terms and conditions.

Space Size Space Use Position Available
1st Floor 11,206 SF Retail - Now

1st Floor

Size
11,206 SF
Space Use
Retail
Position
-
Available
Now

1st Floor

Size 11,206 SF
Space Use Retail
Position -
Available Now

This unique entertainment venue is available for lease, offering an exceptional opportunity for operators looking to capitalize on the lively Greensboro music scene. The flexible space and prime location make it ideal for hosting a wide range of events, from concerts to private parties. Interested parties are encouraged to inquire for leasing terms and conditions.

Walk Score ®
Very Walkable (86)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Truist
Cafe Express
The YMCA
East Coast Wings & Grill
Starbucks
Bonchon
Jenny Craig
Summit Credit Union
Compare Foods
Rent-A-Center

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 0228252
  • 0000013
  • 0228750
Land Assessment
$314,900
Improvements Assessment
$1,156,100
Total Assessment
$1,471,000
  • Listing ID: 32284804

  • Date on Market: 7/24/2024

  • Last Updated:

  • Address: 117-119 S Elm St, Greensboro, NC 27401

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