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1506 E Franklin St 1,381 SF Office/Medical Condo Unit Offered at $393,649 CAD in Chapel Hill, NC 27514
PROPERTY FACTS
| Total Building Size | 32,000 SF | Typical Floor Size | 12,641 SF |
| Property Type | Office (Condo) | Year Built | 1988 |
| Building Class | B | Lot Size | 5.44 AC |
| Floors | 3 | Parking Ratio | 3.95/1,000 SF |
| Zoning | OI - Office - Traditional, Medical, etc. No retail uses. | ||
| Total Building Size | 32,000 SF |
| Property Type | Office (Condo) |
| Building Class | B |
| Floors | 3 |
| Typical Floor Size | 12,641 SF |
| Year Built | 1988 |
| Lot Size | 5.44 AC |
| Parking Ratio | 3.95/1,000 SF |
| Zoning | OI - Office - Traditional, Medical, etc. No retail uses. |
AMENITIES
- Bicycle Storage
- Direct Elevator Exposure
- Natural Light
- Plug & Play
- Monument Signage
1 UNIT AVAILABLE
Unit 203
| Unit Size | 1,381 SF | Condo Use | Office/Medical |
| Price | $393,649 CAD | Sale Type | Investment or Owner User |
| Price Per SF | $285.05 CAD |
| Unit Size | 1,381 SF |
| Price | $393,649 CAD |
| Price Per SF | $285.05 CAD |
| Condo Use | Office/Medical |
| Sale Type | Investment or Owner User |
SALE NOTES
Prime Office Condo in Chapel Hill’s Gateway Corridor – 1506 E. Franklin St, Suite 203
Discover an exceptional office opportunity in one of Chapel Hill’s most convenient and connected locations. Suite 203 at 1506 E. Franklin Street offers a functional and professional office environment just steps from University Place, which is undergoing a major redevelopment that will further elevate the surrounding area with new retail, restaurants, and community amenities.
This office condo is situated within a well-maintained, multi-tenant building featuring a strong mix of medical practices, professional service firms, and a Regus co-working center, creating a dynamic business ecosystem ideal for a wide range of users. The layout and setting make it an excellent fit for an owner-operator, while the steady demand for small professional office suites in this corridor also gives the property versatility as a potential investment opportunity.
Enjoy ample on-site parking, a significant advantage in Chapel Hill’s core commercial district. Owners benefit from streamlined operations—POA dues cover all utilities, offering predictable expenses and simplified management whether the suite is occupied by your business or leased to a tenant.
With its strategic location, professional environment, and easy access from Franklin Street, Estes Drive, and 15-501, Suite 203 positions your business—or your investment portfolio—at the center of one of Orange County’s most active and evolving commercial corridors.
Key Highlights
Excellent location near the transformative redevelopment of University Place
Strong tenant mix including medical, professional services, and co-working
Ideal for owner-users; also viable as a small office investment property
Abundant on-site parking
POA dues include all utilities
Convenient access to 15-501, UNC-Chapel Hill, and downtown Chapel Hill
A polished, flexible office suite in a thriving location—perfect for today’s professional user with the added upside of future investment potential.
+7 More
1506 E. Franklin
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University Place
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1506 E Franklin St
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