N Spring Street Properties
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N Spring Street Properties
2 Office Properties Offered at $2,267,952 CAD in Greensboro, NC
Investment Highlights
- Well-maintained properties with a long-term tenant and a converted garage.
- Equipped with new HVAC systems and a new roof on two of the three buildings.
- Ample parking and zoning for mixed use, multi-family, or conversion back to residential homes in downtown Greensboro.
- Ready for use as long-term rentals or for future conversion projects.
Executive Summary
Prime Commercial Office Space in Historic Downtown Greensboro
Discover an exceptional investment opportunity in the heart of downtown Greensboro with this premium commercial office space, ideally situated in a beautifully preserved historic building. Just steps from the vibrant pulse of the city and the renowned Greensboro baseball stadium, this property offers a perfect blend of old-world charm and modern convenience.
Featuring multiple well-appointed office spaces, this building is currently home to a stable, long-term tenant, ensuring immediate rental income for the discerning investor. The interior spaces boast classic architectural details paired with updated amenities, creating an inspiring work environment that meets the needs of modern businesses while honoring the building's rich history.
One of the standout features of this property is the ample parking – a rare commodity in downtown! With 28 dedicated parking spaces, your tenants and their clients will enjoy unparalleled convenience in a bustling urban setting.
Perfectly positioned for growth, this property offers easy access to major highways, local restaurants, shops, and entertainment venues, making it an ideal location for businesses seeking a prestigious downtown address. Don’t miss this opportunity to own a piece of Greensboro’s history while securing a steady income stream in a prime location.
Contact us today to schedule a viewing and explore the endless possibilities this unique commercial space has to offer!
Discover an exceptional investment opportunity in the heart of downtown Greensboro with this premium commercial office space, ideally situated in a beautifully preserved historic building. Just steps from the vibrant pulse of the city and the renowned Greensboro baseball stadium, this property offers a perfect blend of old-world charm and modern convenience.
Featuring multiple well-appointed office spaces, this building is currently home to a stable, long-term tenant, ensuring immediate rental income for the discerning investor. The interior spaces boast classic architectural details paired with updated amenities, creating an inspiring work environment that meets the needs of modern businesses while honoring the building's rich history.
One of the standout features of this property is the ample parking – a rare commodity in downtown! With 28 dedicated parking spaces, your tenants and their clients will enjoy unparalleled convenience in a bustling urban setting.
Perfectly positioned for growth, this property offers easy access to major highways, local restaurants, shops, and entertainment venues, making it an ideal location for businesses seeking a prestigious downtown address. Don’t miss this opportunity to own a piece of Greensboro’s history while securing a steady income stream in a prime location.
Contact us today to schedule a viewing and explore the endless possibilities this unique commercial space has to offer!
Taxes & Operating Expenses (Actual - 2023) Click Here to Access |
Annual (CAD) |
|---|---|
| Gross Rental Income |
$99,999
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$99,999
|
| Taxes |
$99,999
|
| Operating Expenses |
$99,999
|
| Total Expenses |
$99,999
|
| Net Operating Income |
$99,999
|
Taxes & Operating Expenses (Actual - 2023) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
Property Facts
| Price | $2,267,952 CAD | Number of Properties | 2 |
| Price / SF | $362.29 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 2.20% | Total Building Size | 6,260 SF |
| Sale Type | Investment or Owner User | Total Land Area | 0.69 AC |
| Status | Active |
| Price | $2,267,952 CAD |
| Price / SF | $362.29 CAD / SF |
| Cap Rate | 2.20% |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 6,260 SF |
| Total Land Area | 0.69 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 231 N Spring St, Greensboro, NC 27401 | Office | 3,538 SF | 1891 | - |
| 227 N Spring St, Greensboro, NC 27401 | Office | 2,722 SF | 1910 | - |
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N Spring Street Properties
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