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    117 S Elm St Greensboro, NC 27401

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    For Sale
    $1,500,000

    11,206 SF music venue with lounge and bar.

    Property size:
    11,206 SF
    Lot size:
    0.14 Acres

    Property Features for 117 S Elm St

    General Information

    Size
    11,206 SF
    Lot size
    0.14 Acres

    Source: NAI Piedmont Triad Agent Robbie Perkins, SIOR, CCIM

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

    Overview

    Downtown Greensboro Music Venue

    The property is an approximately 11,206 square foot indoor music venue. It includes a lounge with a bar that is accessible from Elm Street and has its own entrance. The venue has a capacity of up to 900 people and offers a variety of floor plans for seating configurations, accommodating full standing general admission to cabaret tables with cocktail service. All furniture, fixtures, and equipment (FFE), including lighting and sound equipment, are included with the property. Parking is available at the Davie Street Parking Deck and Greene Street Parking Direct at the city's prevailing rates. The property is located in the Downtown Greensboro Historic district and is situated in an Opportunity Zone.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Cone Denim Entertainment ... Live Music Venue

    Suggested Use

    Realty agency Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Law Firm Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Greensboro
    County
    Guilford
    State
    North Carolina
    Longitude
    -79.7899271
    Latitude
    36.071845

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    FAQs

    What type of property is this?
    Theater & concert hall - 11,206 SF music venue with lounge and bar.
    Where is this theater & concert hall located?
    The property is located at 117 S Elm St Greensboro, NC.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: - ±11,206 SF indoor music venue with capacity up to 900.; - Includes a lounge with a bar and separate entrance on Elm Street.; - All FFE (including lighting and sound equipment) conveys with the property.
    (336) 337-0059
    Request Owner's contact information
    117 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
    117 S Elm St Greensboro, NC 27401
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