274 Graham Hopedale RdBurlington, NC 27217

For Sale
$895,900

Burlington, NC Mixed-Use Redevelopment

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 8,700 square foot mixed-use property, located at 274 North Graham Hopedale Road in Burlington, North Carolina, presents a unique redevelopment opportunity. The building, constructed in 1957 and extensively renovated in 2023, offers a versatile "vanilla shell" interior, ideal for a variety of uses. Currently vacant, this three-unit, three-story Class B building sits on a 1.194-acre lot and boasts 7,441 square feet of net rentable space. The asking price is $895,900, translating to $102.98 per square foot. Its prime location on the busy Graham Hopedale and US 70 corridor offers high visibility and accessibility, situated near government buildings and Alamance Health & Human Services. The property's zoning allows for diverse uses, including restaurants, medical offices, dental practices, and other essential services. The potential for an additional building pad on the sizable lot adds significant upside potential, making this an attractive owner-occupied investment or build-to-suit project. The property is offered with a gross lease type. This is a rare opportunity to acquire a newly renovated building in a high-traffic area with substantial growth potential. The property consists of three parcels.

Highlights

  • 8,700 SF mixed-use building on 1.19-acre lot in Burlington, NC.
  • Newly renovated (2023) "vanilla shell" interior, ideal for various uses.
  • Three-unit, three-story Class B building with 7,441 SF of net rentable space.
  • Asking price: $895,900 ($102.98/SF).
  • High-visibility location on Graham Hopedale Rd & US 70, near government buildings.
  • Zoned for diverse uses, including restaurants and medical offices.

Property Details for 274 Graham Hopedale Rd

Property type
Other specialty properties, Other retail properties
Square Feet
8,700 SF
Class
B
Year Built/Renovated
1957/2023
Buildings
1
Stories
3
Lot Size (sq. ft)
52,011 SF
Units
3

Location Insight

City
Burlington
County
Alamance
State
North Carolina
Latitude
36.0995947
Longitude
-79.4063737
274 Graham Hopedale Rd, Burlington, North Carolina

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274 Graham Hopedale Rd
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