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Investment Highlights

  • Capitalize on the historic Foundation Place, a modernized office property in the heart of Downtown Greensboro, North Carolina.
  • Investors will benefit from significant occupancy at 98%, a strategic location, and good cash flow.
  • Conveniently located in the downtown area with easy access to several commuter routes, including Routes 29 and 220, and Interstates 85 and 40.
  • Timeless four-story office featuring an iconic first-floor lobby with reception, high ceiling heights, and revitalized amenities.
  • Tenants enjoy walkability to surrounding shopping and dining options and reserved, free parking in the on-site parking deck.
  • Located within a Federal Opportunity Zone that provides tax incentives and credits to qualifying businesses and developers.

Executive Summary

Nestled in Downtown Greensboro, the historic Foundation Place exhibits classic Southern charm among a lively community located at 330 S Greene Street. This fully renovated, 28,000-square-foot property offers the opportunity to own a timeless Greensboro office building. The property comprises bright and airy office space with natural lighting, modernized office spaces and amenities, and patio space complemented by authentic details. Investors will benefit from the property's high occupancy rate of 98%, strategic location, and significant cash flow.

Upon entrance through the grand lobby, the first floor incorporates several amenities, including a reception area, multiple office spaces, two conference rooms, open work/file spaces, a kitchen, and private bathrooms. Each floor shares the elevator and offers multiple offices, open workspaces, and private restrooms, along with conference/meeting rooms and a kitchen.

Situated on South Greene Street, Foundation Place is just steps from Greensboro’s best attractions, such as The Carolina Theatre and famous local eateries like Cheesecakes by Alex and Natty Greene’s Pub and Brewing Co., perfect for keeping clients and visitors entertained downtown. Commuting is a breeze with reserved parking in the on-site parking deck and easy access to Routes 29 and 220, along with Interstates 85 and 40.

Downtown Greensboro is charming, historic, hip, and trendy. Its landmark architecture, lining wide sidewalks, offers a variety of shops, restaurants, art studios, and theaters. The property is positioned just a few blocks east of the University of North Carolina at Greensboro, and Greensboro College adds a youthful energy to the neighborhood. Downtown Greensboro is also home to several parks, including the Downtown Greenway and Center City Park.

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
28,000 SF
Building Class
B
Year Built
1924
Percent Leased
64%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
7,000 SF
Slab To Slab
12’
Building FAR
0.86
Lot Size
0.75 AC
Opportunity Zone
Yes
Zoning
CB - Commercial Business
Parking
80 Spaces (2.86 Spaces per 1,000 SF Leased)

Amenities

  • Bus Line

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 2nd Floor
  • 10,000 SF
  • Office
  • Full Build-Out
  • Now

10,000 SF office space available for lease. This space includes 12 private offices, conference room, work/copy room, large, open space for co-working, lobby, kitchen, private bathrooms and elevator access. Space can be sub-divided. Free on-site parking in covered deck is included.

Space Size Space Use Build-Out Available
2nd Floor 10,000 SF Office Full Build-Out Now

2nd Floor

Size
10,000 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

2nd Floor

Size 10,000 SF
Space Use Office
Build-Out Full Build-Out
Available Now

10,000 SF office space available for lease. This space includes 12 private offices, conference room, work/copy room, large, open space for co-working, lobby, kitchen, private bathrooms and elevator access. Space can be sub-divided. Free on-site parking in covered deck is included.

Moderately walkable
70/100
Exceptionally drivable
90/100
Good public transit
70/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
0000562
Land Assessment
$844,861 CAD
Improvements Assessment
$4,343,385 CAD
Total Assessment
$5,188,246 CAD
  • Listing ID: 22597927

  • Date on Market: 2021-03-30

  • Last Updated:

  • Address: 330 S Greene St, Greensboro, NC 27401

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