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1042 E Lindsay St

5,000 SF Light Industrial Building Greensboro, NC 27405 £717,990 (£144/SF)

Investment Highlights

  • Fully leased to 3 tenants: an upholsterer, custom glass shop, and a car salesperson
  • Fantastic visibility from both streets

Executive Summary

Great opportunity to own property on the corner of Wendover Avenue and Lindsay Street in Greensboro, NC. The building is ±5,000 SF and has recently been renovated. It is fully leased to 3 tenants: an upholsterer, custom glass shop, and a car salesperson. The building features 1 drive-in door and fantastic visibility from both streets. Located 2 blocks from Highway 29 and less than 2 miles from Downtown Greensboro. Current 7.3% Cap with considerable upside or easy owner-user conversion.

Property Facts

Price £717,990
Price Per SF £144
Sale Type Investment
Property Type Light Industrial
Property Subtype
Light Manufacturing
  • General Retail Auto Dealership
  • General Retail Storefront Retail/Office
Building Class C
Lot Size 0.26 AC
Rentable Building Area 5,000 SF
Number of Floors 1
Year Built 1952
Tenancy Single
Parking Ratio 2/1,000 SF
Opportunity Zone Yes

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0033766
Land Assessment
£58,623
Improvements Assessment
£47,024
Total Assessment
£105,647

zoning

Zoning Code COMM
COMM
  • Listing ID: 32501515

  • Date on Market: 18/07/2024

  • Last Updated:

  • Address: 1042 E Lindsay St, Greensboro, NC 27405

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