462 W Franklin St Chapel Hill, NC 27516

Located in Chapel Hill on the city’s main thoroughfare, this renovated three-story property features a large, full-service bar with a custom, 222-year-old Black Walnut top, a spacious stage, and ample seating both inside and out. The 7,500-square-foot property is part of a condominium with its neighboring business. The parking in the back belongs to the subject property. Uses for the property include retail, restaurant, bar, or commercial. The site is located directly on West Franklin Street, a hotspot in Chapel Hill for numerous other bars, restaurants, and retailers. This property offers an upscale theater/venue in the rapidly expanding neighborhood and is surrounded by the Carolina Brewery, Chapel Hill Service Center, as well as some of the most popular restaurants in the city. Walkable from both the Franklin Hotel (Graduate Chapel Hill) and the University of North Carolina at Chapel Hill campus, the property also has convenient access to public transportation and is less than 30 minutes from RDU airport. Nearby housing developments, such as Greenbridge Condominiums, Shortbread Lofts, and Courtyard Lofts, position the venue in an ideal location with optimal visibility for residents. The property features off-street parking, a rarity for the area, a flexible, 3-story floor plan, a renovated basement with 4 private rooms & green screen space, and a café & bar with independent seating & additional street seating permitted. It benefits from a strong population within a 5-mile radius.