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    342/344 Maple Ave Burlington, NC 27215

    Sponsored
    For Sale
    $650,000

    High-yield investment opportunity in prime location.

    Property size:
    11,104 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    341
    This exceptional two-story brick building, situated on a 0.11-acre lot at the highly visible corner of Maple Avenue and Broad Street in downtown Burlington, NC, presents a compelling investment opportunity. The 11,104 square foot property currently houses three tenants, two with signed leases and one with a verbal agreement, all on month-to-month terms. This provides immediate cash flow potential with the opportunity to increase rental income through lease renewals and property improvements. While the building offers no dedicated parking spaces beyond the immediate front and side of the structure, ample public parking is conveniently located directly across the street, mitigating any potential parking concerns. The property is being sold "as is," and prospective buyers should anticipate the need for renovations and updates to maximize its potential. The building's prime downtown location, combined with its substantial size and existing tenancy, makes it an attractive proposition for investors seeking a strong return on investment. The corner location offers excellent visibility and accessibility, making it ideal for a variety of commercial uses. This is a chance to acquire a well-positioned property with significant upside potential in a thriving downtown area. Serious inquiries are encouraged.

    Property Features for 342/344 Maple Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    11,104 SF
    Lot Size
    4,792 SF

    Building Details

    Year Built
    1953
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Burlington
    County
    Alamance
    State
    North Carolina
    Longitude
    -79.4811
    Latitude
    36.0687

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    FAQs

    What type of property is this?
    Commercial real estate - High-yield investment opportunity in prime location.
    Where is this commercial real estate located?
    The property is located at 342/344 Maple Ave Burlington, NC.
    What is the asking price?
    The asking price for this property is $650,000.
    (336) 227-4433
    Request Owner's contact information
    342/344 Maple Ave Burlington, NC 27215
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    Burlington, NC 27215
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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
    342/344 Maple Ave Burlington, NC 27215
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