2519 Gate City Blvd Greensboro, NC 27403
This thriving Greensboro bar, located at 2519 W Gate City Blvd, presents a unique investment opportunity. The property boasts a substantial 2,970 square feet of net rentable space within a single building situated on a 0.68-acre lot. Built in 1966, the building is classified as Class C and is zoned C-M, allowing for a variety of commercial uses. The high-visibility location on West Gate City Blvd ensures significant foot traffic and exposure, making it ideal for a bustling establishment. The spacious interior offers ample room for multiple seating areas and potential expansion, catering to a large clientele. This turnkey operation is ready for a new owner to capitalize on its established presence and prime location within Guilford County, NC, zip code 27403. The asking price is $699,900. This represents a chance to acquire a well-positioned commercial property with significant growth potential in a vibrant Greensboro neighborhood. The property's size and zoning provide flexibility for future development or expansion, making it an attractive investment for both seasoned and aspiring entrepreneurs.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.