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111 N Third St
Mebane, NC 27302
Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Great location in historic downtown Mebane fronting two streets
  • Open ceiling, stained concrete floors, brick walls add to the cool industrial vibe
  • 11,000 sq ft of prime ground floor space in a downtown area is very unusual

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront
Building Size
13,500 SF
Building Class
C
Year Built
1946
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
10’4”
Building FAR
0.89
Lot Size
0.35 AC
Zoning
B 2
Parking
8 Spaces (0.59 Spaces per 1,000 SF Leased)
Frontage
73’ on N Third St

AMENITIES

  • Signage
  • Signalized Intersection

ABOUT 111 N THIRD ST , MEBANE, NC 27302

Former Melville Chevrolet building. 13,500 sq ft, (11,000 sq ft on ground floor, 2400 sq ft second floor) 8,000 sq ft of ground floor space has been completely rehabbed and is currently used as retail space. This part of the building was remolded in such a way that it could easily be separated into multiple spaces. The remaining 5,500 sq ft has a lot of the rough ins completed. Ceiling heights vary from 12' to 20'. The whole building is brick and block. The roof is made of concrete panels with a rubber roof on top. New roof installed about 12 years ago on main building. A very versatile building. Fronts 2 streets, North Third St and West Clay St. There are 8 parking spaces on the Third St side that could be great outdoor dining space if a restaurant was to locate in that portion of the building. The second floor (2,400) could make 2 great loft apartments, office space, yoga studio, etc. Mebane is one of the fastest gowning towns in North Carolina. Conveniently located along I40/85 between the the Triangle and the Triad. Zoned B2, Built in 1945 Parcel ID 168018 Lot size .35891603 acres

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
168018
Land Assessment
$154,659
Improvements Assessment
$691,654
Total Assessment
$846,313
  • Listing ID: 18996606

  • Date on Market: 3/26/2020

  • Last Updated:

  • Address: 111 N Third St, Mebane, NC 27302

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