Enter your email to login or create a free account
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
236-238 S Elm St
Greensboro, NC 27401
Vernon Building · Property For Lease
·
15,842 SF

Highlights
- High visibility corner in the heart of walkable downtown Greensboro, adjacent to public parking and surrounded by dense mixed-use properties
- 851 SF patio expanding up to 3,072 SF fenced outdoor space — one of the largest in downtown, with permitted expansion already in place
- Steps from multiple major entertainment venues generating consistent pre/post-show traffic and repeat customers
- Existing infrastructure in place (hood, grease trap, bar) significantly reduces buildout time and cost
- 4,285 SF with soaring ceilings, skylights, and a 2nd-floor loft ideal for private dining or events
- Solid foundation with upside potential; ideal for a well-capitalized concept to reposition and maximize performance
About the Property
Restaurant Opportunity in Iconic Downtown Greensboro Location Located at 100 W Washington Street, Greensboro, NC, this is a rare opportunity to step into a 2nd generation restaurant space in the heart of downtown; no business purchase required. We are not selling a business, we are looking for the right operator to bring a strong concept, vision, and investment into the space. The Space 4,285 SF interior 851 SF patio (expanding to 3,072 SF of fenced area) on desirable corner Patio expansion already permitted (ability to make adjustments if secured early) 2nd story loft that can function as a private dining or party room Extremely high ceilings and skylights Located in a mixed-use building with boutique apartments above Trendy salon and coffee shop in the same building/next door Prime, walkable downtown location next door to 706 space public parking garage The Opportunity $7,500/month (does not include utilities) True 2nd generation restaurant Existing infrastructure in place (hood, grease trap, bar, etc.) Significant equipment on-site (older — will need updating or replacement) Strong foundation but space requires capital investment to reposition successfully This is not turnkey and is best suited for an experienced operator with the financial ability to invest in improvements. We are seeking an operator who: Has proven restaurant experience Brings a clear concept and vision Has the capital to invest in upfitting, equipment, and overall refresh Has a strong eye for design, branding, and guest experience Built-In Demand Drivers Adjacent to the new 1,000-capacity The Pyrle Theatre (first show 2/17/26, ~150 shows/year) 1 block from The Carolina Theatre (1,100 seats) ~0.4 miles from the $94M, 3,000-seat Steven Tanger Performing Arts Center (on the same corridor) Significant opportunity for pre/post-show dining, bar traffic, and repeat customers Why This is Unique Avoid the cost and timeline of a full restaurant buildout Large (and expanding) private patio — rare for downtown Immediate proximity to multiple major entertainment anchors Ability to get in early and help shape the final patio layout Next Steps If you’re an experienced operator with the vision and capital to execute, we’d love to connect.
Property Facts
| Property Type | Multifamily | Building Size | 15,842 SF |
| Property Subtype | Apartment | Year Built | 1883 |
| Apartment Style | Low-Rise |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Size | 15,842 SF |
| Year Built | 1883 |
Listing ID: 39577649
Date on Market: 2/25/2026
Last Updated:
Address: 236-238 S Elm St, Greensboro, NC 27401
The Downtown Greensboro Multifamily Property at 236-238 S Elm St, Greensboro, NC 27401 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
MULTIFAMILY PROPERTIES IN NEARBY NEIGHBORHOODS
- Outer Northwest I-40 Corridor Commercial Real Estate Properties
- Northeast Greensboro Commercial Real Estate Properties
- Northwest Greensboro Commercial Real Estate Properties
- Hewitt Area Commercial Real Estate Properties
- Guilford Hills Commercial Real Estate Properties
- Delwoods Park/Fairfield Commercial Real Estate Properties
- Southside Commercial Real Estate Properties
- Old Irving Park Commercial Real Estate Properties
- Rainbow-Meadowood Commercial Real Estate Properties
- Fisher Park Commercial Real Estate Properties
- Charles Aycock-Summit Ave Commercial Real Estate Properties
- Highland Park Commercial Real Estate Properties
- Hunter Hills-Guilford Commercial Real Estate Properties
- Westerwood Commercial Real Estate Properties
- Gorrell St Community Commercial Real Estate Properties
NEARBY LISTINGS
- 330 S Greene St, Greensboro NC
- 701 Green Valley Rd, Greensboro NC
- 620 S Elm St, Greensboro NC
- 101 S Elm St, Greensboro NC
- 204 Muirs Chapel Rd, Greensboro NC
- 108 Pomona Dr, Greensboro NC
- 209 Dartmouth St, Greensboro NC
- 4413 W Market St, Greensboro NC
- 616 Industrial Ave, Greensboro NC
- 211 Industrial Ave, Greensboro NC
- 1027 Arnold St, Greensboro NC
- 2507 S Elm Eugene St, Greensboro NC
- 3123 Cedar Park, Greensboro NC
- 1310 W Gate City Blvd, Greensboro NC
- 110 E Meadowview Rd, Greensboro NC
