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3407 W Gate City Blvd
Greensboro, NC 27407
Retail Property For Sale


Executive Summary
90,768 SF combination Retail and Warehouse Building is comprised of three attached buildings. The front section is 26,500 SF and features 18 ceiling heights (11’ 10” under AC ductwork) with a front parking lot with 96 lined parking spaces and monument sign facing Gate City Boulevard. The middle section is 28,660 SF and features 30’ ceiling height (20’ 10” under AC ductwork) and has a loading platform with roll door accessible from Paschal Street cross street. Both buildings are zoned C-M (commercial medium) which allows for retail, medical, fitness center and other uses, are conditioned, and have LED lighting and track lighting throughout. The corner retail units in the front section (Unit A = 7,734 SF and Unit D = 5,360 SF) are leased on long-term leases. Unit C with combined 41,088 is currently vacant. Rear section is a 35,708 SF warehouse space with connector roll door access into the middle section and features 38’ clear height, column spacing of 44’ x 25’, LED lighting, and eight dock doors accessible from a fenced rear dock access court which measures 100’ x 226’ and has gated access from Paschal Street. The rear warehouse section is zoned CU-LI (Conditional Use – Light Industrial). All three buildings feature a TPO membrane roof along with new interior insulation replaced in 2025.
Located on a major commercial roadway (35,000 VPD) and near Ashley Home Stores, Walmart Marketplace, and other major retailers. Only .3 miles from Four Seasons Mall and the Sheraton- Koury Convention Center and .4 miles from I-40 interchange and 1.7 miles to the Greensboro Coliseum Complex. Major intersection with Holden Road is .1 miles away. Gate City Boulevard has undergone intentional transformation in the past decade as the municipal government has made road and intersection improvements to this major arterial connector between downtown Greensboro and downtown High Point.
Pricing Guidance is $8,125,000 but all offers considered.
Located on a major commercial roadway (35,000 VPD) and near Ashley Home Stores, Walmart Marketplace, and other major retailers. Only .3 miles from Four Seasons Mall and the Sheraton- Koury Convention Center and .4 miles from I-40 interchange and 1.7 miles to the Greensboro Coliseum Complex. Major intersection with Holden Road is .1 miles away. Gate City Boulevard has undergone intentional transformation in the past decade as the municipal government has made road and intersection improvements to this major arterial connector between downtown Greensboro and downtown High Point.
Pricing Guidance is $8,125,000 but all offers considered.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
41,088 SF
Building Class
C
Year Built/Renovated
1972/2006
Price
$11,295,944 CAD
Price Per SF
$274.92 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Loading Docks
8 Exterior
Building FAR
0.21
Lot Size
4.56 AC
Zoning
CU-LI and C-M - Light Industrial, Commercial Medium
Parking
96 Spaces (2.34 Spaces per 1,000 SF Leased)
Frontage
202’ on West Gate City Blvd.
Amenities
- Bus Line
- Pylon Sign
- Signage
Property Taxes
| Parcel Number | 0039761 | Improvements Assessment | $1,716,010 CAD |
| Land Assessment | $2,043,002 CAD | Total Assessment | $3,759,012 CAD |
Property Taxes
Parcel Number
0039761
Land Assessment
$2,043,002 CAD
Improvements Assessment
$1,716,010 CAD
Total Assessment
$3,759,012 CAD
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