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1051-1057 Grecade St

7,066 SF Flex Building Greensboro, NC 27408 $1,959,529 CAD ($277 CAD/SF)

Executive Summary

CoStar has a maximum Square Footage as 6,084sf however plans designed for the space shows 7066 +/- square Feet.
1051-1057 Grecade was previously used for LI (light industrial) purposes. The new owners purchased the property and completed a demolition of all the interior in late 2023 and at the same time completed a new roof and asphalt parking in the Summer of 2023. Great exposure from Battleground Avenue this location is perfect for a Restaurant, Bar, Retail or even office. This property is For Sale or For Lease and Landlords are will to subdivide.
Location is the number one value to this property, located between two of the most traveled street in Greensboro ( Wendover Ave & Battleground Ave or Hwy 220 North). Lots of option for the use of this space. Surrounded by Breweries and Dining any retail would be a nice addition. Grecade Street also hosts a number of Office buildings and Medical Spaces on the North end so anything is possible for this highly visible location.

Property Facts

Price $1,959,529 CAD
Price Per SF $277 CAD
Sale Type Investment or Owner User
Sale Conditions Building in Shell Condition
Property Type Flex
Property Subtype
Light Distribution
  • General Retail Bar
  • General Retail Restaurant
  • Office Medical
Building Class C
Lot Size 0.35 AC
Construction Status Under Renovation
Rentable Building Area 7,066 SF
No. Stories 1
Year Built 1960
Tenancy Single
Parking Ratio 3.54/1,000 SF
Clear Ceiling Height 10 ft

Amenities

  • Bus Line
  • Restaurant
  • Signage

Utilities

  • Gas - Natural
  • Water - City
  • Sewer - City

zoning

Zoning Code LI
LI
  • Listing ID: 31584768

  • Date on Market: 2024-04-23

  • Last Updated:

  • Address: 1051-1057 Grecade St, Greensboro, NC 27408

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