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519 S Elm St 4,996 SF Retail Building Greensboro, NC 27406 $750,000 ($150.12/SF)
Investment Highlights
- Prime location in the heart of downtown Greensboro’s South End / South Elm Street corridor
- CB – Central Business zoning allows a wide range of retail, service, restaurant, or creative office uses
- Historic two-story brick retail building totaling 4,996 SF
Executive Summary
Property Highlights
• Prime location in the heart of downtown Greensboro’s South End / South Elm Street corridor
• Historic two-story brick retail building totaling 4,996 SF
• Currently occupied by a cosmetology school (vacancy or owner-user opportunity possible)
• CB – Central Business zoning allows a wide range of retail, service, restaurant, or creative office uses
• Situated in Greensboro’s revitalizing district, surrounded by breweries, restaurants, shops, and residential developments
• Excellent street visibility with walk-up frontage on S. Elm Street
• Building covers nearly the entire lot (0.06 acres / 2,614 SF), maximizing usable square footage
• Recently updated interiors with finished concrete/tile flooring, drywall, LED lighting, HVAC, restrooms
• Average overall condition, with historic architectural character and modern usability
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About the Property
519 S. Elm Street offers a rare opportunity to own a flexible retail or service-oriented property in Greensboro’s growing downtown market. Built circa 1900, this historic two-story building has been adapted over time while retaining its vintage character. With nearly 5,000 SF of usable space, it is well-suited for:
• Retail shops or boutiques
• Personal service businesses (salon, fitness, wellness, spa, etc.)
• Restaurants or cafés
• Educational, training, or creative studio use
• Owner-user businesses seeking a high-visibility location
The property is located between Martin Luther King Jr. Drive and Lewis Street, a walkable and vibrant section of S. Elm that is undergoing significant redevelopment. Surrounding businesses include dining, breweries
• Prime location in the heart of downtown Greensboro’s South End / South Elm Street corridor
• Historic two-story brick retail building totaling 4,996 SF
• Currently occupied by a cosmetology school (vacancy or owner-user opportunity possible)
• CB – Central Business zoning allows a wide range of retail, service, restaurant, or creative office uses
• Situated in Greensboro’s revitalizing district, surrounded by breweries, restaurants, shops, and residential developments
• Excellent street visibility with walk-up frontage on S. Elm Street
• Building covers nearly the entire lot (0.06 acres / 2,614 SF), maximizing usable square footage
• Recently updated interiors with finished concrete/tile flooring, drywall, LED lighting, HVAC, restrooms
• Average overall condition, with historic architectural character and modern usability
________________________________________
About the Property
519 S. Elm Street offers a rare opportunity to own a flexible retail or service-oriented property in Greensboro’s growing downtown market. Built circa 1900, this historic two-story building has been adapted over time while retaining its vintage character. With nearly 5,000 SF of usable space, it is well-suited for:
• Retail shops or boutiques
• Personal service businesses (salon, fitness, wellness, spa, etc.)
• Restaurants or cafés
• Educational, training, or creative studio use
• Owner-user businesses seeking a high-visibility location
The property is located between Martin Luther King Jr. Drive and Lewis Street, a walkable and vibrant section of S. Elm that is undergoing significant redevelopment. Surrounding businesses include dining, breweries
Taxes & Operating Expenses (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
|
-
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| Operating Expenses |
-
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-
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| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
4,996 SF
Building Class
C
Year Built
1900
Price
$750,000
Price Per SF
$150.12
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
13’
Building FAR
1.43
Lot Size
0.08 AC
Opportunity Zone
Yes
Zoning
CB - CB – Central Business zoning allows a wide range of retail, service, restaurant, or
creative office uses
Parking
3 Spaces (0.6 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
Walk Score®
Walker's Paradise (90)
Nearby Major Retailers
Property Taxes
| Parcel Number | 0000448 | Improvements Assessment | $528,500 |
| Land Assessment | $94,700 | Total Assessment | $623,200 |
Property Taxes
Parcel Number
0000448
Land Assessment
$94,700
Improvements Assessment
$528,500
Total Assessment
$623,200
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519 S Elm St
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