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Property summary
This exceptional commercial property, located at 402 Patton Avenue, offers versatile office space in a high-traffic area of Monroe. Situated within a bustling strip center at a major intersection, this property boasts excellent visibility and accessibility. The space currently totals 1,335 to 2,670 square feet, offering significant flexibility for businesses of varying sizes. The landlord is open to dividing the space to accommodate specific tenant needs, resulting in a potentially higher price per square foot for smaller units. The interior is an open layout, providing ample opportunity for customized design and efficient workflow. A key feature is the inclusion of four bathrooms conveniently located at the rear of the property. This property is ideal for businesses seeking a prominent location with high foot traffic and the potential for customized space configurations. The property type is classified as Retail, Office, and Restaurant, making it suitable for a variety of commercial uses. The tenancy is single, offering exclusive use of the space. This presents a unique opportunity for a business to establish a strong presence in a thriving commercial area. The property's location at one of Monroe's busiest intersections ensures maximum exposure and accessibility for clients and employees.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
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Bank Credit Union
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Telecommunications Service Data Center
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Car Rental Facility
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Restaurant
Location
Value estimations
Owner & transaction history
Zoning & alternative 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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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
GB MONROE · Monroe, NCZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for GB MONROE in Monroe, NC.
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- Location Insight
- Alternative use
- Local Zoning Insight