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705 W Rosemary St

2,375 SF 43% Leased Retail Building Chapel Hill, NC 27516 £704,205 (£297/SF)

Investment Highlights

  • Second generation bar (first floor) plus income opportunity
  • Bar FF&E included in purchase price

Executive Summary

Maverick Partners is pleased to present this unique mixed-use building FOR SALE in Downtown Carrboro. Excellent opportunity to owner-occupy a fully built-out bar space on the ground level and collect rent from the second floor tenant. Situated in the heart of Carrboro/Chapel Hill and walkable to all of the area's amenities including University of North Carolina, Cat's Cradle, Carr Mill Mall, Weaver Street Market, and numerous bars, restaurants and vibrant nightlife.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
2,375 SF
Building Class
C
Year Built
1952
Price
£704,205
Price Per SF
£297
Percent Leased
43%
Tenancy
Multiple
Number of Floors
2
Building FAR
1.73
Land Acres
0.03 AC
Zoning
B1-G - B1-G with Restaurant District Overlay, Residential High Density and Commercial Overlay Zoning District
Frontage
22 ft on Rosemary St

Amenities

  • Bus Route
  • Signage
Walk Score ®
Walker's Paradise (90)
Bike Score ®
Biker's Paradise (93)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Bank of America
PNC Bank
Harris Teeter
Chase Bank
Starbucks
CrossFit
First Horizon Bank
Old Chicago Pizza
Capriotti's Sandwich Shop
Truist

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
9788063493
Land Assessment
£73,629
Improvements Assessment
£123,784
Total Assessment
£197,412
  • Listing ID: 33741667

  • Date on Market: 04/11/2024

  • Last Updated:

  • Address: 705 W Rosemary St, Chapel Hill, NC 27516

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