Multi-Suite Retail Building with
For Sale
$249,900
2029 E Market Street, Greensboro, NC 27401
Multi-suite building with street-visible restaurant space, plus two rear lots with dual street access options.
Property Size2,530 SF
Lot Size0.62 Acres
Price / SF$98.77
Days on Market62
Property Features for 2029 E Market Street
General Information
Standard status
Active
Size
2,530 SF
Lot size
0.62 Acres
Property subtype
Commercial
Additional Details
Road Access
Yes
Amenities
City Lot
Building Details
Year Built
1962
Tenancy
Multi
Listing Agency:
HILLCREST REALTY GROUP
(336) 881-4663
Listed By:
SCOTT MUENZNER
Source:
Corcoran
Added: Jun 11
Changed: Aug 10
Last Checked: Aug 10 at 2:58AM
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 HILLCREST REALTY GROUP
Investment Insights
Based on property information with market context.
This sale includes a 2,530± SF multi-suite commercial building on 0.28± acres, featuring multiple suites with separate entrances. One unit has a long-term occupant in place for immediate income, while another unit is vacant and positioned for takeout/carryout restaurant use. The vacant suite has a flat roof with rooftop equipment access and street visibility, along with front parking. The property is sold as-is and the building needs cosmetic and mechanical updates.
The building provides E Market Street frontage, and there are also two vacant lots behind it with Stamey Street frontage at 2212 and 2216 Stamey St (0.17± acres each). The lots are wooded/uncleared, and the overall assemblage totals 0.62± acres. The configuration offers dual street access and can be sold together or separately. The property sits in an active East Market revitalization corridor near Downtown NC AT.
For buyers, this is a practical fit for operators seeking a multi-tenant building with an occupied unit plus a street-facing space suited to takeout/carryout. For investors or developers, the combination of a partially income-producing asset and additional rear lots creates flexibility, with zoning described as offering flexible use. Given the as-is condition, the property is best suited for a value-add buyer prepared for updates to the building and site improvements for the wooded lots.
The building provides E Market Street frontage, and there are also two vacant lots behind it with Stamey Street frontage at 2212 and 2216 Stamey St (0.17± acres each). The lots are wooded/uncleared, and the overall assemblage totals 0.62± acres. The configuration offers dual street access and can be sold together or separately. The property sits in an active East Market revitalization corridor near Downtown NC AT.
For buyers, this is a practical fit for operators seeking a multi-tenant building with an occupied unit plus a street-facing space suited to takeout/carryout. For investors or developers, the combination of a partially income-producing asset and additional rear lots creates flexibility, with zoning described as offering flexible use. Given the as-is condition, the property is best suited for a value-add buyer prepared for updates to the building and site improvements for the wooded lots.
Key Highlights
- 2,530± SF multi‑suite commercial building built in 1962 on 0.28± AC with E Market St frontage
- Includes two vacant lots behind: 2212 and 2216 Stamey St, 0.17± AC each (wooded/uncleared) with Stamey St frontage
- Total assemblage is 0.62± AC with dual street access
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,653
Businesses Nearby
22k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 93%
Home Improvements & Furnishings 7%
State Employees Credit Union
Shops & Services
11,259 visits/mo
0.3 miles
Exxon
Shops & Services
9,636 visits/mo
0.1 miles
Sherwin-Williams Paint Store
Home Improvements & Furnishings
1,521 visits/mo
0.4 miles
Demographics for 27401, NC
21,854
Population
9,650
Households
2.3
Avg Household Size
29
Median Age
32%
College-Educated
85%
High-School Grad
5.8 sq mi
ZIP Area
3,768
Density / Sq Mi
$44,524
Median Household Income
$22,542
Median Earnings
$883
Median Rent
$138,300
Median Home Value
Market
Vacancy Rate% for Retail in Greensboro, NC
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Multi-suite building with street-visible restaurant space, plus two rear lots with dual street access options.
Where is this storefront property located?
The property is located at 2029 E Market Street Greensboro, NC.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: 2,530± SF multi‑suite commercial building built in 1962 on 0.28± AC with E Market St frontage; Includes two vacant lots behind: 2212 and 2216 Stamey St, 0.17± AC each (wooded/uncleared) with Stamey St frontage; Total assemblage is 0.62± AC with dual street access
