117-119 S Elm St - Storefront FOR SALE


Greensboro, NC 27401
$1,500,000 USD
336-398-3267
117-119 S Elm St, Greensboro, NC for Sale
$1,500,000 USD
Storefront - FOR SALE
1/26
null | Request Cap Rate

117-119 S Elm St
Greensboro, NC 27401


HIGHLIGHTS

  • 11,206+/- SF indoor music venue with exceptional value-add potential & a highly accessible, highly traveled location in Greensboro, North Carolina..
  • Property benefits from location in the Downtown Greensboro Historic District & is located in an Opportunity Zone, creating potential tax incentives.
  • Asset is equipped with tour bus & trailer parking w/ access to a lift, a shared easement for venue use the day of shows, and 900+ person capacity.
  • Variety of floor plans can be achieved depending on the artist/show, and the asset includes a lounge w/ bar & cabaret tables with cocktail service.
  • All FF&E, including lighting and sound equipment, conveys with the property, allowing for a quick set-up to get operations going again.
  • Davie Street Parking Deck & Greene Street Parking Direct are within close proximity, providing guests with ample parking including street parking.

OVERVIEW

This unique entertainment venue is available for lease, offering an exceptional opportunity for operators looking to capitalize on the lively Greensboro music scene. The flexible space and prime location make it ideal for hosting a wide range of events, from concerts to private parties. Interested parties are encouraged to inquire for leasing terms and conditions.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$134 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Former Live Nation Exclusively Booked Venue

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1949

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

CB

APN/PARCEL ID

0000013,0228252,0228750

ASK ABOUT THIS PROPERTY

Brendan RichardsonNAI Piedmont TriadMore Info
336-398-3267

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Brendan RichardsonNAI Piedmont TriadMore Info
336-398-3267

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.