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531 S Elm St 9,400 SF Retail Building Greensboro, NC 27406 $7,495,000 ($797.34/SF)
Investment Highlights
- Award winning design
- Newly rennovated building with new HVAC, roof, plumbing & electrical
- Premiere private event destination
Executive Summary
NAI Piedmont Triad is pleased to present a rare opportunity to purchase a 10,000 SF fully operating restaurant/bar with six bowling lanes and the largest outdoor patio located in the heart of Downtown Greensboro.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
9,400 SF
Building Class
C
Year Built/Renovated
1940/2008
Price
$7,495,000
Price Per SF
$797.34
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.80
Lot Size
0.27 AC
Opportunity Zone
Yes
Zoning
HB - Highway business
Parking
8 Spaces (0.85 Spaces per 1,000 SF Leased)
Frontage
44’ on Elm St
Amenities
- Bus Line
- Signage
Moderately walkable
60/100
Moderately drivable
70/100
Good public transit
70/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0000444 | Improvements Assessment | $2,423,800 |
| Land Assessment | $330,700 | Total Assessment | $2,754,500 |
Property Taxes
Parcel Number
0000444
Land Assessment
$330,700
Improvements Assessment
$2,423,800
Total Assessment
$2,754,500
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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531 S Elm St
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