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    408 W Rosemary St Chapel Hill, NC 27516

    Sponsored
    For Sale
    Pending
    $3,600,000

    COMMERCIAL - Chapel Hill, NC

    Property size:
    4,226 SF
    Lot size:
    0.68 Acres
    Days on Market:
    4
    Last Refresh:
    Jan 7 at 12:06 am

    Property Features for 408 W Rosemary St

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Sale
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Pending
    Zoning
    Commercial
    Size
    4,226 SF
    Lot size
    0.68 Acres

    Utilities

    Utilities
    Water Available
    Heating system
    Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1998
    Floors in Building
    1
    Building materials
    HardiPlank Type

    Realty Executives Triangle Southpointe (919) 484-7421 [email protected]

    Listing agent Preston Edwards (919) 280-2777

    Listing date Jan 4, 2026

    Copyright © 2026 Doorify MLS of North Carolina. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Chapel Hill Restaurant Building

    Located in Chapel Hill, North Carolina, this commercial property features a fully operational restaurant building. The property is situated minutes from the University and downtown Chapel Hill. The site is zoned for commercial use and occupies a 0.68-acre lot. The building provides 4,226 square feet of space. The property is suitable for restaurants, retail, and other commercial uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mama Dip's Kitchen Southern Restaurant (Us)

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    QueenWa Cafe, Soul Cocina, Brandwein's Catering, UNC Carolina Dining Services (CDS), Aramark Food Services Facility

    Location Insight

    • Map
    • Local Demand
    City
    Chapel Hill
    County
    Orange
    State
    North Carolina
    Longitude
    -79.06343
    Latitude
    35.911684

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    FAQs

    What type of property is this?
    Restaurant - Fully operational restaurant building for sale near the University.
    Where is this restaurant located?
    The property is located at 408 W Rosemary St Chapel Hill, NC.
    What is the asking price?
    The asking price for this property is $3,600,000.
    What are key features of this property?
    This property features: - Fully operational restaurant building for sale.; - Wonderful location in the City of Chapel Hill.; - Minutes from the University of Chapel Hill.
    (919) 280-2777
    Request Owner's contact information
    408 W Rosemary St Chapel Hill, NC 27516
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    Chapel Hill, NC 27516
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    408 W Rosemary St Chapel Hill, NC 27516
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