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140 E Davis St
Burlington, NC 27215
Retail Property For Sale
Investment Highlights
- Fully equipped restaurant buildout, including ventilation and stainless-steel prep stations.
- ±2,042 SF of flexible retail space supporting immediate occupancy.
- Ideal for both investors and owner-users in a growing Piedmont Triad market.
- Located one block from the Historic Paramount Theatre in downtown Burlington.
- Option for small residential buildout on the second floor, available separately.
- Positioned in a pedestrian-friendly district with nearby shops, dining, and cultural venues.
Executive Summary
This downtown Burlington property presents a unique opportunity for both investors and owner-users seeking an asset in a rapidly growing community within the Piedmont Triad region. Offered at $500,000, the property consists of approximately 2,042 square feet of retail space configured with a full restaurant buildout, allowing for immediate operational readiness. Its location, one block from the historic Paramount Theatre, provides strong exposure and consistent pedestrian traffic in a dynamic downtown setting.
The property supports multiple concepts for food and beverage operations or other retail businesses requiring minimal renovation. This flexibility makes the asset particularly attractive for entrepreneurs or tenants seeking to capitalize on the growing demand for dining and entertainment in the urban core. Additionally, the property includes potential for a small residential buildout on the second floor, available for separate purchase, giving buyers or investors additional value and possible income stream diversification.
The property supports multiple concepts for food and beverage operations or other retail businesses requiring minimal renovation. This flexibility makes the asset particularly attractive for entrepreneurs or tenants seeking to capitalize on the growing demand for dining and entertainment in the urban core. Additionally, the property includes potential for a small residential buildout on the second floor, available for separate purchase, giving buyers or investors additional value and possible income stream diversification.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
2,042 SF
Building Class
C
Year Built
1918
Price
$500,000
Price Per SF
$244.86
Tenancy
Single
Building Height
2 Stories
Building FAR
0.05
Lot Size
1.00 AC
Zoning
B 3 - Business
Parking
5 Spaces (1.56 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
- Signalized Intersection
Property Taxes
| Parcel Number | 135560 | Improvements Assessment | $131,071 |
| Land Assessment | $15,485 | Total Assessment | $146,556 |
Property Taxes
Parcel Number
135560
Land Assessment
$15,485
Improvements Assessment
$131,071
Total Assessment
$146,556
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