Former Bank Retail
For Sale
Contact for pricing
1201 Summit Ave, Greensboro, NC 27405
Freestanding former bank with about 2,800 SF and 24 parking spaces on prominent Summit Avenue.
Property Size2,800 SF
Lot Size0.40 Acres
Price / SF$446.43
Days on Market606
Property Features for 1201 Summit Ave
General Information
Standard status
Active
Size
2,800 SF
Total Parking Spaces
24
Lot size
0.40 Acres
Property subtype
RETAIL
Site & Location
Traffic Count
20,270 vehicles/day
Road Access
Yes
Listing Agency:
New South Properties of the Carolinas
(704) 370-0303
Listed By:
Dale Hall · License #166766
(704) 927-2880
Source:
Moodyscre
Added: Jan 16, 2025
Changed: Sep 6
Last Checked: Sep 14 at 9:38AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of New South Properties of the Carolinas
Investment Insights
Based on property information with market context.
This former SunTrust bank building is approximately 2,800 SF and available for sale. The site includes about 24 parking spaces, supporting convenient customer or staff access.
The property offers excellent frontage on Summit Avenue for high visibility. It is located near major retailers including Cookout, McDonald’s, Burger King, and Taco Bell, with reported traffic counts of 20,270 vehicles per day on Summit Avenue.
The offering presents a straightforward reuse opportunity for retail or office use in a retail-forward setting.
The property offers excellent frontage on Summit Avenue for high visibility. It is located near major retailers including Cookout, McDonald’s, Burger King, and Taco Bell, with reported traffic counts of 20,270 vehicles per day on Summit Avenue.
The offering presents a straightforward reuse opportunity for retail or office use in a retail-forward setting.
Key Highlights
- ±2,800 SF former SunTrust bank available
- ±0.40‑acre site with excellent frontage on Summit Avenue
- Strong traffic counts of 20,270 vpd on Summit Avenue
Property Analytics
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Current Use
Lease Details
20,270 VPD
Traffic count
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,818
Businesses Nearby
226k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 61%
Shops & Services 32%
Apparel 6%
Home Improvements & Furnishings 1%
McDonald's
Dining
35,608 visits/mo
0.1 miles
Cook Out
Dining
26,863 visits/mo
0.1 miles
Dollar Tree
Shops & Services
17,040 visits/mo
0.3 miles
SONIC Drive In
Dining
14,589 visits/mo
0.4 miles
Wendy's
Dining
12,329 visits/mo
0.4 miles
Demographics for 27405, NC
51,506
Population
21,762
Households
2.4
Avg Household Size
34
Median Age
23%
College-Educated
84%
High-School Grad
31.4 sq mi
ZIP Area
1,640
Density / Sq Mi
$46,498
Median Household Income
$31,677
Median Earnings
$1,002
Median Rent
$150,600
Median Home Value
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Market
Vacancy Rate% for Retail in Greensboro, NC
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Frequently Asked Questions
What type of property is this?
Bank - Freestanding former bank with about 2,800 SF and 24 parking spaces on prominent Summit Avenue.
Where is this bank located?
The property is located at 1201 Summit Ave Greensboro, NC.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: ±2,800 SF former SunTrust bank available; ±0.40‑acre site with excellent frontage on Summit Avenue; Strong traffic counts of 20,270 vpd on Summit Avenue
