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    232 S Elm St Greensboro, NC 27401

    For Lease
    $15 SF/Yr ($5,500 /Mo)

    Recently renovated 4,400 SF creative/office space in downtown Greensboro.

    Property size:
    4,400 SF
    Lot size:
    0.18 Acres

    Property Features for 232 S Elm St

    General Information

    Size
    4,400 SF
    Lot size
    0.18 Acres

    Source: Iron Hill Investments Inc Agent Jeff Yetter

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Creative/Office Space Available

    Located at 232 S Elm Street in downtown Greensboro, this 4,400 square foot space is available for rent. The building, originally a Montgomery Ward Department Store and later the Triad Stage, is undergoing a full renovation. The second-floor space has been recently renovated and is suitable for creative or office use. It features large-scale windows, 11-foot ceilings, and refinished original hardwood floors, blending the original charm of downtown Greensboro with modern amenities. A pedestrian bridge provides direct access to a city-owned parking deck. The building's plans include a music venue and multiple food and beverage opportunities. An existing tenant, 7cinematics, occupies the third floor with editing suites and a screening room. The development group is prepared to assist in customizing the space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Rohini Boodham Auto ... Auto Parts Store Illusions The Drag Queen ... Entertainment Agency Triad Stage Performing Arts Theater

    Suggested Use

    Realty agency Restaurant Spa & Massage Law Firm 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
    Greensboro
    County
    Guilford
    State
    North Carolina
    Longitude
    -79.7908017
    Latitude
    36.0706165

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    FAQs

    What type of property is this?
    Office space - Recently renovated 4,400 SF creative/office space in downtown Greensboro.
    Where is this office space located?
    The property is located at 232 S Elm St Greensboro, NC.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: - Prime downtown Greensboro location with direct pedestrian bridge access to city-owned parking deck.; - 4,400 sf of recently renovated creative/office space on the second floor.; - Features large-scale windows, tall (11') ceilings, and refinished original hardwood floors.
    (336) 497-1444
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    232 S Elm St Greensboro, NC 27401
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    Greensboro, NC 27401
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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
    232 S Elm St Greensboro, NC 27401
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