Share This Listing

Message

961 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • Mixed-use configuration with bar/restaurant space on the ground floor and leased upper-level premises.
  • Walkable location near UNC campus, Weaver Street Market, and Carrboro nightlife.
  • Excellent opportunity for owner-operators seeking additional rental income.
  • Furniture, fixtures, and equipment for the bar included in sale price.
  • Positioned in a high-traffic, amenity-rich corridor with strong pedestrian connectivity.

Executive Summary

This unique mixed-use property offers a dynamic investment opportunity in the heart of vibrant Downtown Carrboro, providing proximity to the University of North Carolina at Chapel Hill and a rich array of surrounding lifestyle amenities. The building includes a fully built-out, second-generation bar space on the ground level, complete with patio seating and all furniture, fixtures, and equipment included in the purchase price. The upper level features an income-producing tenant space, creating an immediate revenue stream for the new owner.
Situated along West Rosemary Street at Sunset Drive, the property is surrounded by cultural attractions including Cat’s Cradle, Weaver Street Market, and Carr Mill Mall, as well as a diverse selection of retail shops, restaurants, and nightlife venues. Its walkability and connectivity with the surrounding Chapel Hill-Carrboro market emphasize its appeal for both investors seeking stable returns and operators looking for a prime owner-occupant opportunity. Limited availability in this thriving corridor further enhances the long-term potential of this asset.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
2,375 SF
Building Class
C
Year Built
1952
Price
$1,245,195 CAD
Price Per SF
$524.29 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.73
Lot Size
0.03 AC
Zoning
B1-G - B1-G with Restaurant District Overlay, Residential High Density and Commercial Overlay Zoning District
Frontage
22’ on Rosemary St

Amenities

  • Bus Line
  • Signage
Very walkable
80/100
Exceptionally drivable
100/100
Some public transit
50/100
Moderately bikeable
70/100

Nearby Major Retailers

Harris Teeter
Bank of America
Chase
First Horizon Bank
Truist
CrossFit
Starbucks
BonChon

Property Taxes

Property Taxes

Parcel Number
9788063493
Land Assessment
$109,162 CAD
Improvements Assessment
$515,787 CAD
Total Assessment
$624,950 CAD
  • Listing ID: 40751662

  • Date on Market: 2026-06-02

  • Last Updated:

  • Address: 705 W Rosemary St, Chapel Hill, NC 27516

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}