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Layne Pharmacy 509 S Van Buren Rd 24,500 SF Office Building Eden, NC 27288 $3,458,450 CAD ($141.16 CAD/SF)

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EXECUTIVE SUMMARY

Prime Investment Property Near Cone Health
509 S. Van Buren Road | Eden, NC 27288
Excellent opportunity to acquire a strong, income-producing commercial property in close proximity to the hospital and major medical services. This well-located building offers approximately 6,250 square feet and is currently occupied by Cone Health, providing a high-quality, stable tenant.
The existing lease runs through February 2027 with options to renew, making this an attractive asset for investors seeking dependable cash flow with long-term potential.
Owner financing is available with 20% down and credit approval, offering added flexibility for qualified buyers.
Property Highlights:
Approximately 6,250 sq/ft
Cone Health tenant in place through 2/2027 with renewal options
Prime location near the hospital and medical corridor
Strong investment property with reliable tenancy
Owner financing available with 20% down and credit
This is a rare opportunity to secure a medical-use commercial property in a strategic Eden location with a nationally recognized healthcare tenant and flexible purchase terms.

ATTACHMENTS

509 South

PROPERTY FACTS

Sale Type
Owner User
Sale Conditions
1031 Exchange
Property Type
Office
Property Subtype
Medical
Building Size
24,500 SF
Building Class
C
Year Built
1965
Price
$3,458,450 CAD
Price Per SF
$141.16 CAD
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
24,500 SF
Building FAR
0.18
Lot Size
3.11 AC
Zoning
Mixed Use - Mixed use Business. Can be used for Medical, Retail, Business office.
Parking
25 Spaces (1.02 Spaces per 1,000 SF Leased)

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Fl-Ste C
  • 3,500 SF
  • Retail
  • Full Build-Out
  • 30 Days

Unit C contains 3500 sq ft of space mix use located. Could be used for medical offices, retail space, business office space. Front room is 39'3 x 25'9, three exam rooms or offices 9'11 x 7'6 each, conference room with retractable division wall total space 43'7 x 30'7. Space available for lease only. Owner would require a three year lease commitment.

Space Size Space Use Condition Available
1st Fl-Ste C 3,500 SF Retail Full Build-Out 30 Days

1st Fl-Ste C

Size
3,500 SF
Space Use
Retail
Condition
Full Build-Out
Available
30 Days

1st Fl-Ste C

Size 3,500 SF
Space Use Retail
Condition Full Build-Out
Available 30 Days

Unit C contains 3500 sq ft of space mix use located. Could be used for medical offices, retail space, business office space. Front room is 39'3 x 25'9, three exam rooms or offices 9'11 x 7'6 each, conference room with retractable division wall total space 43'7 x 30'7. Space available for lease only. Owner would require a three year lease commitment.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
168377
Land Assessment
$484,556 CAD
Improvements Assessment
$2,047,015 CAD
Total Assessment
$2,531,571 CAD
  • Listing ID: 34615086

  • Date on Market: 2025-01-27

  • Last Updated:

  • Address: 509 S Van Buren Rd, Eden, NC 27288

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