531 S Elm St
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531 S Elm St
9,400 SF 100% Leased Retail Building Greensboro, NC 27406 $7,500,000 ($798/SF)
Investment Highlights
- Award winning design
- Newly rennovated building with new HVAC, roof, plumbing & electrical
- Premiere private event destination
Executive Summary
NAI Piedmont Triad is pleased to present a rare opportunity to purchase a 10,000 SF fully operating restaurant/bar with six bowling lanes and the largest outdoor patio located in the heart of Downtown Greensboro.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
9,400 SF
Building Class
C
Year Built
1940
Price
$7,500,000
Price Per SF
$798
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.80
Land Acres
0.27 AC
Opportunity Zone
Yes
Zoning
HB
Parking
8 Spaces (0.85 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
Walk Score ®
Very Walkable (88)
PROPERTY TAXES
Parcel Number | 0000444 | Improvements Assessment | $2,423,800 |
Land Assessment | $330,700 | Total Assessment | $2,754,500 |
PROPERTY TAXES
Parcel Number
0000444
Land Assessment
$330,700
Improvements Assessment
$2,423,800
Total Assessment
$2,754,500
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531 S Elm St
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