110 Railroad Ave Gibsonville, NC 27249
- Lifestyle centers
- 131,000 SF
Current Use by Public Records
- Lifestyle centers
Property Details for 110 Railroad Ave
- Property size
- 131,000 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This exceptional 131,000-square-foot shopping center in Gibsonville, North Carolina, presents a compelling investment opportunity. Located at 110 Railroad Ave, 27249, in Guilford County, this partially occupied facility is undergoing repositioning, offering significant potential for retail or self-storage conversion. The property boasts an established downtown location, benefiting from proximity to the high-income area surrounding Elon University. Currently, 45% of the space is occupied by established tenants, with remaining areas available for lease. Flexible spaces cater to a variety of uses, making it ideal for businesses ranging from bookstores and breweries to fitness centers, entertainment venues, or self-storage operations. Tenants can secure spaces ranging from 10,000 to over 73,000 square feet. The asking price is $8,908,000, translating to $68 per square foot. Detailed information, including environmental reports, surveys, floor plans, and photographs, is accessible via a provided Dropbox link. This property offers a strong foundation for a successful retail or adaptive reuse project in a vibrant, established community. The property is for sale by owner.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Gibsonville
- County
- Guilford
- State
- North Carolina
- Longitude
- -79.5447
- Latitude
- 36.106
