Chapel Hill Office For
For Sale
$1,185,000
307 N Columbia, Chapel Hill, NC 27516
Professional office space near downtown Chapel Hill, potential residential conversion.
Property Size1,819 SF
Lot Size0.24 Acres
Price / SF$651.46
Days on Market150
Property Features for 307 N Columbia
General Information
Standard status
Active
Size
1,819 SF
Lot size
0.24 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$6,583
Amenities
Central air
Central Air Cooling
Corner
Forced Air Heating
Gas Cooling
Gas Pack Heating
Linoleum Flooring
Shingle Roof
Vinyl Flooring
Wood Flooring
Building Details
Year Built
1930
Listing Agency:
CAROLINA REALTY OF CHAPEL HILL
(919) 932-6779
Listed By:
COWAN GRIFFIN
Source:
Corcoran
Added: Mar 13
Changed: Aug 8
Last Checked: Aug 8 at 2:26PM
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 CAROLINA REALTY OF CHAPEL HILL
Investment Insights
Based on property information with market context.
This property offers a prime location near downtown Chapel Hill, providing convenient access without the parking challenges of Franklin Street. Situated within a 5-minute walk to Franklin Street, the property is currently utilized by a local painting company and property manager. The layout features five offices, a kitchen, a bathroom, a closed-in porch, and a spacious upstairs area suitable for storage. The property offers the potential for conversion to residential use, if desired. The property has a total size of 1819 square feet. The current rental income is $5500.
Key Highlights
- Prime location near Downtown Chapel Hill, offering easy access.
- Potential for conversion to residential use.
- Currently generating $5500 in monthly rental income.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,751
Businesses Nearby
Explore this area
Business Placement
Demographics for 27516, NC
45,841
Population
18,684
Households
2.5
Avg Household Size
35
Median Age
72%
College-Educated
96%
High-School Grad
93.5 sq mi
ZIP Area
490
Density / Sq Mi
$100,788
Median Household Income
$48,638
Median Earnings
$1,446
Median Rent
$508,400
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Professional office space near downtown Chapel Hill, potential residential conversion.
Where is this office units located?
The property is located at 307 N Columbia Chapel Hill, NC.
What is the asking price?
The asking price for this property is $1,185,000.
What are key features of this property?
This property features: Prime location near Downtown Chapel Hill, offering easy access.; Potential for conversion to residential use.; Currently generating $5500 in monthly rental income.
