Property summary
This exceptional office building, situated at 1006 S Main Street in Burlington, NC, presents a compelling investment opportunity. The property boasts a prime location, offering convenient access to downtown Burlington's amenities and vibrant business community. The building itself sits on a nearly one-acre corner lot, providing ample space and visibility. A fenced backyard enhances privacy and security, while also offering additional outdoor space. The interior comprises approximately 600 square feet of versatile office space, including a welcoming front office area, two large rooms adaptable to various uses, a dedicated conference room perfect for meetings and presentations, a small kitchen for staff convenience, and two bathrooms. Adding to the property's unique features is a 600-square-foot greenhouse located in the backyard, offering potential for various uses. The building is further enhanced by a new roof installed in 2021, ensuring long-term structural integrity and minimizing maintenance concerns. This property is ideal for a variety of businesses seeking a well-maintained, spacious, and conveniently located office space in a thriving North Carolina city. The combination of prime location, ample space, and recent improvements makes this an attractive investment opportunity. The nearly one-acre lot offers potential for future expansion or development. Serious inquiries are encouraged.
Property profile
VerifiedCap rate & NOI
Current use
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Corporate Office
Location
Value estimations
Owner & transaction history
Zoning & alternative use
OI-LU Office Institutional-Limited Use NB-LU Neighborhood Business-Limited Use GB-LU General Business-Limited Use CBD-LU Central Business-Limited Use LI-LU Light Industrial-Limited Use MI-LU Medium Industrial-Limited Use…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
O I · Burlington, NCOI-LU Office Institutional-Limited Use NB-LU Neighborhood Business-Limited Use GB-LU General Business-Limited Use CBD-LU Central Business-Limited Use LI-LU Light Industrial-Limited Use MI-LU Medium Industrial-Limited Use…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
OI-LU Office Institutional-Limited Use NB-LU Neighborhood Business-Limited Use GB-LU General Business-Limited Use CBD-LU Central Business-Limited Use LI-LU Light Industrial-Limited Use MI-LU Medium Industrial-Limited Use…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for OI in Burlington, NC.
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Find the owner behind the property.
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