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1504 E Franklin St - Chapel Hill Center 3,900 SF Office Condo Unit Offered at $1,050,000 in Chapel Hill, NC 27514
Investment Highlights
- Recent installation of a new roof system for long-term durability.
- Strong credit tenant
Executive Summary
The location delivers exceptional connectivity and convenience, situated near the Chapel Hill Post Office, University Place, and the Sienna Hotel. With close proximity to the University of North Carolina and the region’s vibrant business community, this property benefits from steady demand and sustained economic activity. Ideal for investors seeking a well-positioned office asset in one of the Triangle’s most desirable submarkets, this property offers immediate cash flow and long-term value potential.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment |
| Sale Type | Investment |
Description
Approximately 3900 rsf
Sale Notes
Ideal location close to the post office, University Place, and the Sienna Hotel.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 200 | 3,900 SF | Office | $1,050,000 ($269.23/SF) | - |
Unit 200
| Unit Size |
| 3,900 SF |
| Condo Use |
| Office |
| Price |
| $1,050,000 ($269.23/SF) |
| NOI |
| - |
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Unit 200
| Unit Size | 3,900 SF |
| Condo Use | Office |
| Price | $1,050,000 ($269.23/SF) |
| NOI | - |
| Sale Type | Investment |
| Description | |
| Approximately 3900 rsf</li></ul> | |
| Sale Notes | |
| Ideal location close to the post office, University Place, and the Sienna Hotel.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 19,921 SF | Typical Floor Size | 9,961 SF |
| Property Type | Office (Condo) | Year Built | 2002 |
| Property Subtype | Medical | Lot Size | 0.60 AC |
| Building Class | B | Parking Ratio | 3.96/1,000 SF |
| Floors | 2 | ||
| Zoning | OI-2 - Office & Institutional | ||
| Total Building Size | 19,921 SF |
| Property Type | Office (Condo) |
| Property Subtype | Medical |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 9,961 SF |
| Year Built | 2002 |
| Lot Size | 0.60 AC |
| Parking Ratio | 3.96/1,000 SF |
| Zoning | OI-2 - Office & Institutional |
Amenities
- 24 Hour Access
- Signage
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Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
40/100
Moderately bikeable
60/100
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Contact the Sale Advisor
1504 E Franklin St - Chapel Hill Center