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Corner Retail Building with Three Tenants
For Sale
$399,000

342/344 Maple Avenue, Burlington, NC 27215

Two-story brick retail building with multiple month-to-month occupants and public parking nearby.

Property SizeContact for details
Lot Size0.11 Acres
Days on Market54

Property Features for 342/344 Maple Avenue

General Information

Standard status Active
Lot size 0.11 Acres
Property subtype Commercial

Building Details

Year Built 1953
Stories 2
Listing Agency: KELLER WILLIAMS CENTRAL
Listed By: GARY RENIGAR
Source: Corcoran
Added: Jun 26 Changed: Aug 17 Last Checked: Aug 18 at 5:21AM

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 KELLER WILLIAMS CENTRAL

Investment Insights

Based on property information with market context.

This two-story brick retail building is set up with three current occupants, with all leases described as month to month. The property is offered for sale as-is and is expected to require updating. Parking is limited to areas at the front of the building and along the side, with public parking also available across the street.

The building sits at a street corner in downtown Burlington, located at 342/344 Maple Avenue. The location provides access from both streets due to the corner configuration, and the nearby public parking option helps support customer access for retail activity.

For buyers seeking a multi-tenant retail asset, the current occupancy structure may provide a straightforward starting point for management, with leases noted as already in place for two tenants and a verbal agreement mentioned for the remaining space. Because the property is being sold as-is and is described as needing updating, prospective owners can evaluate renovation plans and tenant improvements based on their intended positioning for the downtown storefronts.

Key Highlights

  • Two‑story brick retail building built in 1953 on a corner lot at Maple Ave and Broad St in downtown Burlington
  • Lot size is 0.109 acre
  • Currently has three occupants on month‑to‑month terms

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Dental Office Law Firm Parking Lot & Garage Pharmacy Garden Center Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

431
Businesses Nearby
217k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 56% Dining 29% Groceries 10% Hotels & Casinos 2%
Sheetz Shops & Services
36,216 visits/mo 0.3 miles
Food Lion Grocery Store Groceries
22,154 visits/mo 0.5 miles
7-Eleven Shops & Services
22,075 visits/mo 0.1 miles
Shell Shops & Services
20,538 visits/mo 0.1 miles
Starbucks Dining
19,041 visits/mo 0.1 miles

Demographics for 27215, NC

44,620
Population
21,854
Households
2
Avg Household Size
42
Median Age
37%
College-Educated
92%
High-School Grad
63.1 sq mi
ZIP Area
707
Density / Sq Mi
$66,669
Median Household Income
$45,267
Median Earnings
$1,112
Median Rent
$241,700
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Storefront property - Two-story brick retail building with multiple month-to-month occupants and public parking nearby.
Where is this storefront property located?
The property is located at 342/344 Maple Avenue Burlington, NC.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Two‑story brick retail building built in 1953 on a corner lot at Maple Ave and Broad St in downtown Burlington; Lot size is 0.109 acre; Currently has three occupants on month‑to‑month terms
More about this property
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