Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    FOR LEASE
    Office buildings

    500 Main St, Burlington, NC 27215

    21,454 SF 1.36 ac lot Built 1972
    Entity Owned 5-yr Hold ~ Est. High Equity
    Property ID
    US53-1183301
    Property summary
    AI-generated overview

    This exceptional three-story, 10,566-square-foot office building in downtown Burlington, NC, offers a unique opportunity for businesses seeking flexible and modern workspace. Located at 500 S Main St, near Maple Avenue, this Class B building underwent a complete renovation in 2023, boasting a blend of traditional and creative office space. The entire 10,566 square feet is currently vacant and available for lease, with a minimum divisible space of 1,250 square feet. Multiple configurations and sizes are negotiable to accommodate various business needs. The building features one elevator and 30 parking spaces on-site, supplemented by ample public parking nearby. Situated in the heart of downtown Burlington, this property provides convenient access to a vibrant array of restaurants, shops, and residential areas. Tenant improvement allowances are negotiable, making this an attractive option for businesses seeking a customizable and centrally located office space in Alamance County. The building was originally constructed in 1972. This prime location in zip code 27215 offers a compelling opportunity for businesses of all sizes.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1972
    Total area 21,454 SF
    Lot 1.36 ac (59,242 SF)
    Zoning code B 3
    APN 135509
    UPID US53-1183301
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Wells Fargo Home Mortgage Loan Service Bank
    • Wells Fargo Advisors Financial Advisor
    • Wells Fargo ATM Atm
    • Wells Fargo Bank Bank Loan Service
    • Alamance Citizens For Edu Accounting Firm Tax Preparation
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $1.34M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.33M
    Owner & transaction history
    Tangs Realty LLC · 5 yrs held
    Tangs Realty LLC
    since 2021
    Last sale
    $1.3M
    6 recorded transactions
    2021
    2021
    $1.3M
    2014
    $1.2M
    2013
    $1.2M
    2008
    2004
    $1.5M
    Zoning & alternative use
    B 3 · Burlington, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message