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1307 W Main St - 1.16 Acres

1.16 Acres of Commercial Land Offered at £1,017,185 in Carrboro, NC 27510

Investment Highlights

  • Could be developed as apartments or condos.
  • Rare multi-family development opportunity.

Executive Summary

Conveniently situated on West Main Street near the merge with NC Hwy 54. Special Use Permit approval is in process with the Town of Carrboro. Proposed design features five stories with 36 dedicated parking spaces.

Attachments

1307 West Main St Flyer - Reduced Price

Property Facts

Price £1,017,185 Property Subtype Commercial
Sale Type Investment Proposed Use
Multifamily
  • Apartment Units - Condo
No. Lots 1 Total Lot Size 1.16 AC
Property Type Land
Price £1,017,185
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units - Condo
Total Lot Size 1.16 AC

1 Lot Available

Lot

Price £1,017,185 Lot Size 1.16 AC
Price Per AC £876,884
Price £1,017,185
Price Per AC £876,884
Lot Size 1.16 AC

Desirable location in popular Carrboro, NC

Description

1.16 acres zoned for a 34 unit multi family development. No substantial offsite improvements required.

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Bike Score ®
Very Bikeable (81)
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PROPERTY TAXES

Parcel Number 9778286664 Improvements Assessment £0
Land Assessment £272,293 Total Assessment £272,293

PROPERTY TAXES

Parcel Number
9778286664
Land Assessment
£272,293
Improvements Assessment
£0
Total Assessment
£272,293

zoning

Zoning Code B3 (Business)
B3 (Business)
(919) 417-2492

  • Listing ID: 32308247

  • Date on Market: 01/07/2024

  • Last Updated:

  • Address: 1307 W Main St, Carrboro, NC 27510

The Land Property at 1307 W Main St, Carrboro, NC 27510 is currently available For Sale. Contact Morris Commercial, Inc. for more information.

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1307 W Main St, Carrboro, NC for sale Building Photo- Image 1 of 3
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1307 W Main St, Carrboro, NC for sale Other- Image 2 of 3
Proposed Design

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© 2024 CoStar Group

1307 W Main St - 1.16 Acres
(919) 417-2492 x

1307 W Main St - 1.16 Acres

John Morris

(919) 417-2492

(919) 417-2492

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