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Downtown Greensboro Commercial Redevelopment Opportunity
For Sale
$450,000

582 N Eugene Street, Greensboro, NC 27401

Commercially zoned parcel in downtown Greensboro, ideal for redevelopment.

Property SizeContact for details
Days on Market445

Property Features for 582 N Eugene Street

General Information

Standard status Active

Building Details

Year Built 1920
Listing Agency: ALLEN TATE - GREENSBORO
Listed By: STEVEN SCOTT
Source: Corcoran
Added: May 26, 2025 Changed: Mar 16 Last Checked: Mar 16 at 9:09AM

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 ALLEN TATE - GREENSBORO

Investment Insights

Based on property information with market context.

This commercially zoned parcel is located in downtown Greensboro. The property includes a 1,080 sq ft home constructed in 1920. It is suitable for redevelopment or adaptive reuse. The location provides proximity to retail, dining, and light industrial areas. Potential uses include office space, a boutique storefront, or a food service establishment.

Key Highlights

  • Prime downtown Greensboro location in a rapidly growing commercial corridor.
  • Commercially zoned parcel suitable for redevelopment or adaptive reuse.
  • High‑visibility location with significant foot traffic.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Veterinary Clinic Bakery Grocery & Convenience Store Home Appliance Store Electrical Service

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

3,406
Businesses Nearby

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 Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercially zoned parcel in downtown Greensboro, ideal for redevelopment.
Where is this commercial land located?
The property is located at 582 N Eugene Street Greensboro, NC.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Prime downtown Greensboro location in a rapidly growing commercial corridor.; Commercially zoned parcel suitable for redevelopment or adaptive reuse.; High‑visibility location with significant foot traffic.
More about this property
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