Flex Space with Second-Floor
736 S Main Street Burlington, NC 27215
736 S Main Street, Burlington, NC, 27215
$859,900
For Sale
$859,900
Street-front flex showroom/warehouse with high ceilings, roll-up doors, and a private-access 2-bedroom apartment.
Property Size11,018 SF
Lot Size0.50 Acres
Price / SF$78.05
Days on Market372
Property Features for 736 S Main Street
General Information
- Standard status
- Active
- Size
- 11,018 SF
- Lot size
- 0.50 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1929
Listing agency
(980) 399-5867
Listed by
Keller Williams Mooresville
(980) 399-5867
Source
Xome
Added: Jul 16, 2025 Updated: Jul 21 at 10:04PM Checked: Jul 21 at 10:04PM
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 Mooresville
Investment Insights
Based on property information with market context.
This street-front flex showroom and warehouse property includes high ceilings, a versatile floor plan, and two roll-up doors. The building also offers a second-floor 2-bedroom apartment with private access.
Located on South Main Street between 4th and 5th Streets near Downtown Burlington, the site provides high visibility and ample parking on 0.5 acres. The property is described as having over 15–20,000 vehicles passing daily and offers easy access to US-70 and I-40/85.
As a redevelopment opportunity, the combination of flexible space and an attached residential unit supports a range of possible end uses based on buyer or developer plans.
Located on South Main Street between 4th and 5th Streets near Downtown Burlington, the site provides high visibility and ample parking on 0.5 acres. The property is described as having over 15–20,000 vehicles passing daily and offers easy access to US-70 and I-40/85.
As a redevelopment opportunity, the combination of flexible space and an attached residential unit supports a range of possible end uses based on buyer or developer plans.
Key Highlights
- 11,018 SF street‑front showroom/warehouse with flexible layout for retail, light industrial, or mixed‑use redevelopment
- High ceilings plus two roll‑up doors
- Second‑floor 2‑bedroom apartment with private access for live‑work or rental use
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $68.3k | $6.20 |
| − Vacancy | −$6.4k | −$0.58 |
| EGI | $62.0k | $5.62 |
| − OpEx | −$18.6k | −$1.69 |
| NOI | $43.4k | $3.94 |
11,018 SF · lease $6.20/SF/yr · vacancy 9.30% · expense 30.00%
Alternative Uses
Best Use
Warehouse
$1.24M
$1.09M – $1.45M
NOI $86,985 @ 7.0% cap · market cap 10.12%
Second Best
Flex RnD
$1.21M
$1.06M – $1.42M
NOI $84,963 @ 7.0% cap · market cap 9.88%
Theoretical Best
Office A
$3.63M
$3.18M – $4.24M
NOI $254,282 @ 7.0% cap · market cap 29.57%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Printer's Alley
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
Similar Off Market Nearby
- Baconessence Food Truck — Burlington, NC 27217
- Southern Social Mobile Bar LLC — Burlington, NC 27215
FAQs
What type of property is this?
Flex space - Street-front flex showroom/warehouse with high ceilings, roll-up doors, and a private-access 2-bedroom apartment.
Where is this flex space located?
The property is located at 736 S Main Street Burlington, NC.
What is the asking price?
The asking price for this property is $859,900.
What are key features of this property?
This property features: 11,018 SF street‑front showroom/warehouse with flexible layout for retail, light industrial, or mixed‑use redevelopment; High ceilings plus two roll‑up doors; Second‑floor 2‑bedroom apartment with private access for live‑work or rental use