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1934 E Market St 1,516 SF 100% Leased Office Building Greensboro, NC 27401 $196,007 CAD ($129.29 CAD/SF)
Investment Highlights
- Located in GrowingRevitalization Commercial Corridor
- Adjacent Parcel Also Available Value-Add Investment Opportunity
- Grandfathered Multifamily Use
- Commercial Overlay District Near NC A&T State University
- CM Commercial Zoning Grandfathered Multifamily Use
Executive Summary
Positioned within a growing Greensboro revitalization corridor, this grandfathered multifamily investment property offers a unique opportunity to acquire an asset located within a commercial overlay district just minutes from NC A&T State University, downtown Greensboro, shopping, dining, entertainment, and major transportation routes.
Built in 1948, the property presents an excellent value-add opportunity for investors seeking to renovate, reposition, or expand their portfolio in a strategic location experiencing continued investment and growth. The grandfathered multifamily use provides a unique opportunity within the commercial overlay district while allowing investors to capitalize on the area's long-term potential.
Seller is also offering the contiguous investment property for sale (parcel# 10384) and prefers a simultaneous purchase of both parcels but will consider separate offers.
Property is being sold as-is. Buyers are encouraged to verify zoning, overlay requirements, permitted uses, and development opportunities with the City of Greensboro. Showings by appointment only. Current occupancy subject to unwritten rental arrangements. There are no Lease agreements in place. Please do not disturb occupants.
Built in 1948, the property presents an excellent value-add opportunity for investors seeking to renovate, reposition, or expand their portfolio in a strategic location experiencing continued investment and growth. The grandfathered multifamily use provides a unique opportunity within the commercial overlay district while allowing investors to capitalize on the area's long-term potential.
Seller is also offering the contiguous investment property for sale (parcel# 10384) and prefers a simultaneous purchase of both parcels but will consider separate offers.
Property is being sold as-is. Buyers are encouraged to verify zoning, overlay requirements, permitted uses, and development opportunities with the City of Greensboro. Showings by appointment only. Current occupancy subject to unwritten rental arrangements. There are no Lease agreements in place. Please do not disturb occupants.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Office
Building Size
1,516 SF
Building Class
C
Year Built
1948
Price
$196,007 CAD
Price Per SF
$129.29 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
1,516 SF
Building FAR
0.27
Lot Size
0.13 AC
Opportunity Zone
Yes
Zoning
GB/CM - CM Commercial zoning with existing grandfathered multifamily use. The current County zoning is GB while the current City zoning is CM.
Amenities
- Bus Line
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 0010380 | Improvements Assessment | $82,522 CAD |
| Land Assessment | $39,089 CAD | Total Assessment | $121,611 CAD |
Property Taxes
Parcel Number
0010380
Land Assessment
$39,089 CAD
Improvements Assessment
$82,522 CAD
Total Assessment
$121,611 CAD
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Presented by
Dominion Realty
1934 E Market St
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