Dockside Restaurant 11550 Us-15 501 Hwy 9,513 SF Retail Building Chapel Hill, NC 27517 $4,524,640 CAD ($475.63 CAD/SF)

This ±9,513 SF commercial outparcel is offered as a redevelopment or repositioning opportunity within the well-trafficked Cole Park Shopping Center in Chapel Hill, NC. Sited on ±1.07 acres with direct frontage along US Highway 15-501, the property delivers high visibility to approximately 25,500 vehicles daily and benefits from surrounding national and regional retailers including Lowe’s Foods, McDonald’s, CVS, and Ace Hardware.
The existing structure is in excellent condition and suitable for continued use as a single-user facility or conversion for multi-tenant occupancy. Utilities include city water, electric, and natural gas, complemented by an Aqua-operated sewer system and an existing grease trap, which can reduce redevelopment costs. With 83 dedicated parking spaces and a reciprocal parking agreement throughout the shopping center, the site supports a wide mix of allowable uses including food service, retail, medical, and service commercial. Demographic growth in the area, along with nearby master-planned communities and strong household incomes, positions this property as a compelling long-term investment.