Restaurants

Chapel Hill, NC Restaurants for Sale

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Durham, NC Carrboro, NC Hillsborough, NC
Franklin Street Commercial Property Opportunity
Updated: Feb 18
Franklin Street Commercial Property Opportunity

203 E Franklin St, Chapel Hill, NC 27514

Contact for pricing
5,118 sqft
Prime Franklin Street location in downtown Chapel Hill, adjacent to UNC campus.
Former Linda’s Bar & Grill site with 40+ years of brand recognition.
High foot traffic from UNC students, faculty, alumni, and visitors.
Established bar/restaurant infrastructure in place.
Opportunity for owner‑operator to relaunch hospitality concept.
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Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 1 Active listings in Chapel Hill, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 6 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

New Restaurant and Tap Room Building
New Restaurant and Tap Room Building

1920 Chapel Hill Rd., Durham, NC 27707

$1,700,000
4,125 sqft

Brand-new 2018 bar and restaurant building with a full commercial kitchen, walk-ins, and a 30-tap draft system.

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Renovated Mixed-Use Restaurant and Offices
Renovated Mixed-Use Restaurant and Offices

2022 Chapel Hill Rd., Durham, NC 27707

$1,700,000

A 2017 renovated mixed-use building with full-service restaurant space, a rooftop dining patio, and second-floor office use.

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Commercial Lot in Burlington, NC
Commercial Lot in Burlington, NC

427 Rauhut Street, Burlington, NC 27217

$175,000
0.62 AC lot

0.62-acre commercial lot with flexible use options.

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Downtown Two-Story Commercial Building
Downtown Two-Story Commercial Building

412 S Main Street, Burlington, NC 27215

$495,000

Two-story commercial building in Downtown Burlington with B-3 zoning.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Hillsborough Vacant Land For Sale
Hillsborough Vacant Land For Sale

1600 Orange Grove Road, Hillsborough, NC 27278

$659,000
3.10 AC lot

3.1 acres of vacant land in southern Hillsborough's growth corridor.

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Hillsborough Vacant Land For Sale
Hillsborough Vacant Land For Sale

1600 Orange Grove Road, Hillsborough, NC 27278

$659,000
3.10 AC lot

3.1 acres of vacant land in Hillsborough's growth corridor.

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Land with I-85/I-40 Visibility
Land with I-85/I-40 Visibility

3605 W Ten Road, Efland, NC 27243

$1,200,000
9.13 AC lot

9+ acres with excellent visibility near Efland exit.

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9+ Acres with I/85-I/40 Visibility
9+ Acres with I/85-I/40 Visibility

3605 W Ten Road, Efland, NC 27243

$1,200,000
9.13 AC lot

9+ acres with excellent visibility and easy access.

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Off-Market Properties in Chapel Hill, NC

Consider similar Off-Market properties in Chapel Hill, NC. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

11522 Us 15th 501st N
DRIVE-THRU RESTAURANT, FAST FOOD

11522 Us 15th 501st N, Chapel Hill, NC 27517

Value Estimation by Request
4,224 sqft · 1.02 AC lot
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160 Woodland Grv Ln
RESTAURANT

160 Woodland Grv Ln, Chapel Hill, NC 27516-4085

$2,540,000
Estimated value
66,974 sqft · 18.13 AC lot
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11550 Us 15th 501st N
RESTAURANT

11550 Us 15th 501st N, Chapel Hill, NC 27517-6372

Value Estimation by Request
7,859 sqft · 0.64 AC lot
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3380 Lystra Rd
RESTAURANT

3380 Lystra Rd, Chapel Hill, NC 27517-9366

$2,800,000
Estimated value
77,993 sqft · 31.58 AC lot
View details
6116 Farrington Rd
DRIVE-THRU RESTAURANT, FAST FOOD

6116 Farrington Rd, Chapel Hill, NC 27517-9432

$575,000
Estimated value
3,376 sqft · 1.27 AC lot
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6209 Falconbridge Rd
RESTAURANT

6209 Falconbridge Rd, Chapel Hill, NC 27517-8199

Value Estimation by Request
4,000 sqft · 0.40 AC lot
View details

Chapel Hill, NC Restaurants Market Trends and Statistics

Explore 7 restaurants for sale in Chapel Hill, NC on our real estate platform. These investment opportunities span a total of 4,226 square feet of properties for sale, with an estimated market value of $3,600,000.

Sale prices for restaurant properties in Chapel Hill, NC start at $3,600,000, averaging $3,600,000, and reaching up to $3,600,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Bars & Pubs 1
Conventional restaurants 1

Demographics Overview

Population 108K
Population Growth (5Y) +10.5%
Median Household Income $105,184
College Educated 72.3%

High-Yield Neighborhoods for Investment

Identify Chapel Hill submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
27516 $3.6M

Taxes & Financing

Tax Rate (average for all types) 1.46%
Property Tax per SF $34.85 per SF
Tax Rate vs County Average 0.03 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Orange County

New Delisted

Total CRE Inventory on Market (SF)

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