Office for Sale
Catylist Listing ID: 30077346
Building Size (RSF): 4,108 SF
Gross Land Area: 0.16 Acres
Sale Price: $599,000
Unit Price: $145.81 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 7/23/2017

Overview / Comments

This listing is for 822, 820, 816, 812 Spring Garden Road. The brokerage package contains the ratified College Hill Neighborhood Plan, Old Commercial DevelopmentPlan for this property. Location has HIGH traffic counts, very close to UNCG, and downtown Greensboro. Ideal for mixed use neighborhood retail & condominiums. Monnett Properties Specific Reference The second commercial district forms on three corners of the intersection of Mendenhall St. and Spring Garden St. The northwest and southwest corners are commercial buildings, the northeast corner is a conversion from a Victorian home to a commercial uses. Other commercial uses, including the conversion of an historic firehouse to the University General Store have a decidedly mixed character, maintenance and reputation. In whole, this second district would benefit from the re-tenanting and in several cases redevelopment into a commercial or commercial dominated mixed use district. Neighborhood Commercial Neighborhood Commercial accommodates retail and personal or professional service businesses that serve or benefit the neighborhood by providing goods and services to residents and other neighborhood businesses and institutions. These are business that are not intrusive within a neighborhood setting. It may be easier to define what neighborhood business are not: they are not auto-oriented or extensive businesses such as highway oriented or big-box retail or wholesale businesses which require large sites, significant impervious surface area for off-street parking, nor trucking, delivery nor vehicular storage requirements with significant off-site impacts. Though these businesses may be attractive to customers throughout Greensboro, their primary customer base is within the neighborhood or within walking distance.

Additional Details

Nearest MSA: Greensboro-High Point
County: Guilford
Tax ID/APN: 0003677
Zoning: NB
Total Number of Buildings: 1
Year Built: 1900

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,801 100,525 212,449
Median Age: 27.39 34.68 35.14
Households: 5,939 39,883 86,293


Photograph of Listing Agent

Lawrence Story

TCR Commercial NCCIE Member


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