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706 E Davis St
Burlington, NC 27215
Retail Property For Sale
Investment Highlights
- ±1,260 SF of retail space configured for essential business service operations.
- Recently renovated to minimize CapEx and improve operational efficiency.
- Accessibility to surrounding retail, dining, and civic amenities supporting customer draw.
- Stabilized investment with an in-place lease to an established tenant.
- Excellent downtown visibility in Burlington’s central business district.
- Offered at $280,000, providing an affordable entry point for income-producing real estate.
Executive Summary
Located in Burlington’s revitalized downtown corridor, this recently renovated retail property offers a stabilized, income-producing investment opportunity. Encompassing approximately 1,260 square feet, the building is leased to a well-established shipping and business services operator, ensuring predictable revenue with essential-service tenancy.
Recent upgrades not only enhance the building’s appeal but also reduce near-term capital expenditure requirements. These improvements, combined with the strong visibility and accessibility of the site, make this asset ideal for investors seeking reliable returns in a growing urban market.
Positioned in the heart of Burlington’s central business district, the property benefits from excellent foot traffic, proximity to other downtown retailers, and an evolving consumer base driven by ongoing redevelopment efforts. This property offers enduring investment stability with upside potential in a region undergoing consistent growth and revitalization.
Recent upgrades not only enhance the building’s appeal but also reduce near-term capital expenditure requirements. These improvements, combined with the strong visibility and accessibility of the site, make this asset ideal for investors seeking reliable returns in a growing urban market.
Positioned in the heart of Burlington’s central business district, the property benefits from excellent foot traffic, proximity to other downtown retailers, and an evolving consumer base driven by ongoing redevelopment efforts. This property offers enduring investment stability with upside potential in a region undergoing consistent growth and revitalization.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
1,260 SF
Building Class
C
Year Built
1901
Price
$280,000
Price Per SF
$222.22
Tenancy
Single
Building Height
1 Story
Building FAR
0.74
Lot Size
0.04 AC
Zoning
B 2 - Business
Parking
5 Spaces (4.92 Spaces per 1,000 SF Leased)
Frontage
19’ on Davis St
Amenities
- Signage
Property Taxes
| Parcel Numbers | Improvements Assessment | $231,072 | |
| Land Assessment | $9,271 | Total Assessment | $240,343 |
Property Taxes
Parcel Numbers
Land Assessment
$9,271
Improvements Assessment
$231,072
Total Assessment
$240,343
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