Roadside Motel Converted
7732 & 7734 US Highway 29 Browns Summit, NC 27214
7732 & 7734 US Highway 29, Browns Summit, NC, 27214
Contact for pricing
For Sale
Contact for pricing
Pending
Brick multifamily property with an adjacent two-story restaurant building and partial unit refurbishments.
Lot Size2.95 Acres
Days on Market102
Property Features for 7732 & 7734 US Highway 29
General Information
- Standard status
- Pending
- Lot size
- 2.95 Acres
- Property subtype
- Retail, Multifamily
Listing agency
Buyer's Agency and Consulting, Inc.
Listed by
Rick Baker · License #NC
Source
Crexi
Added: Apr 11 Updated: Jul 20 at 8:30PM Checked: Jul 21 at 9:54AM
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 Buyer's Agency and Consulting, Inc.
Investment Insights
Based on property information with market context.
This former roadside motel conversion built in 1962 has been adapted into a multifamily configuration with an adjacent restaurant building. Through the course of ongoing upgrades, six of the nine units have been partially refurbished to date, and the current owner is continuing improvements including window replacements with double-pane units, exterior repainting, and roof work across the property. The apartment building is constructed of brick and includes six studio apartments plus one former single-family housing unit, while the adjacent restaurant building is constructed of cinderblock and is a two-story structure.
The property is situated on a 2.95-acre site per tax records, with highway setbacks reducing the useable area to 1.07 acres. It is located at the intersection of Highway 29 N and Old Reidsville Road, providing north and south access to Highway 29. The apartment building and restaurant space do not have central HVAC; each apartment is heated and cooled via freestanding floor units.
Additional income is supported by a ground lease for a highway billboard and annual rentals of outside area for fireworks sales. The property is served by a well and septic system, with the well refurbished in January 2023 including a new pump, plumbing, and electrical.
The property is situated on a 2.95-acre site per tax records, with highway setbacks reducing the useable area to 1.07 acres. It is located at the intersection of Highway 29 N and Old Reidsville Road, providing north and south access to Highway 29. The apartment building and restaurant space do not have central HVAC; each apartment is heated and cooled via freestanding floor units.
Additional income is supported by a ground lease for a highway billboard and annual rentals of outside area for fireworks sales. The property is served by a well and septic system, with the well refurbished in January 2023 including a new pump, plumbing, and electrical.
Key Highlights
- Brick apartment building with approx. 3,825 SF: 6 studio apartments (~387.5 SF each) plus one former single‑family unit (~1,500 SF).
- Adjacent two‑story restaurant building (built 1947) plus one studio apartment on the ground floor and an approx. 858 SF apartment upstairs.
- Former roadside motel conversion built in 1962; six of nine units have been partially refurbished to date.
Property Analytics
Location Intelligence
Current Use by Public Records
Conventional restaurants
FAQs
What type of property is this?
Apartment building - Brick multifamily property with an adjacent two-story restaurant building and partial unit refurbishments.
Where is this apartment building located?
The property is located at 7732 & 7734 US Highway 29 Browns Summit, NC.
What are key features of this property?
This property features: Brick apartment building with approx. 3,825 SF: 6 studio apartments (~387.5 SF each) plus one former single‑family unit (~1,500 SF).; Adjacent two‑story restaurant building (built 1947) plus one studio apartment on the ground floor and an approx. 858 SF apartment upstairs.; Former roadside motel conversion built in 1962; six of nine units have been partially refurbished to date.
