232 S Elm St | Greensboro, NC 27401
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- LoopNet Team
232 S Elm St
Greensboro, NC 27401
Highly Walkable Downtown Greensboro Retail · Leisure Property For Sale
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34,774 sq ft
INVESTMENT HIGHLIGHTS
- Iconic downtown Greensboro former performing arts theater with immense value-add potential as an entertainment or retail operation.
- Greensboro's emphasis on higher education is a huge demand driver w/ local institutions like UNC Greensboro, North Carolina A&T, and Guilford College.
- The property sits on the highly trafficked Elm Street, the primary thoroughfare for Greensboro, in the heart of the city.
- Proximity to the Steven Tanger Performing Arts Center, LeBauer Park, & Downtown Greensboro's premier restaurants generating 1.8M unique visitors/year.
- Desirable demographics include nearly 200,000 residents with a solid average household income above $65,000 within a five-mile radius.
- Highly accessible asset within the Downtown Greensboro Urban Loop, connecting I-73, I-85, I-785, I-840, and US 421 (Future I-685 Carolina Core).
PROPERTY FACTS
| Sale Condition | Auction Sale | Total Plot Size | 0.27 ac |
| Type of Ownership | Fee Simple | Property Size | 34,774 sq ft |
| Property Type | Leisure | No. Floors | 3 |
| Property Subtype | Theatre / Concert Hall | Year Built | 1936 |
| Costar Property Class | C | Parcel Number | 0000024 |
| Use Class | CB - Commercial Business | ||
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| Property Type | Leisure |
| Property Subtype | Theatre / Concert Hall |
| Costar Property Class | C |
| Total Plot Size | 0.27 ac |
| Property Size | 34,774 sq ft |
| No. Floors | 3 |
| Year Built | 1936 |
| Use Class | CB - Commercial Business |
| Parcel Number | 0000024 |
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