For Sale
$650,000

342/344 Maple AveBurlington, NC 27215

High-yield investment opportunity in prime location.

Overview

Added:
Feb 3
Days on market:
66
This exceptional two-story brick building, situated on a 0.11-acre lot at the highly visible corner of Maple Avenue and Broad Street in downtown Burlington, NC, presents a compelling investment opportunity. The 11,104 square foot property currently houses three tenants, two with signed leases and one with a verbal agreement, all on month-to-month terms. This provides immediate cash flow potential with the opportunity to increase rental income through lease renewals and property improvements. While the building offers no dedicated parking spaces beyond the immediate front and side of the structure, ample public parking is conveniently located directly across the street, mitigating any potential parking concerns. The property is being sold "as is," and prospective buyers should anticipate the need for renovations and updates to maximize its potential. The building's prime downtown location, combined with its substantial size and existing tenancy, makes it an attractive proposition for investors seeking a strong return on investment. The corner location offers excellent visibility and accessibility, making it ideal for a variety of commercial uses. This is a chance to acquire a well-positioned property with significant upside potential in a thriving downtown area. Serious inquiries are encouraged.

Property Details for 342/344 Maple Ave

Property type
Square Feet
11,104 SF
Year Built
1953
Lot Size (sq. ft)
4,792 SF

Location Insight

City
Burlington
County
Alamance
State
North Carolina
Latitude
36.0687
Longitude
-79.4811
342/344 Maple Ave, Burlington, North Carolina

FAQs

What type of property is this?
Commercial real estate - High-yield investment opportunity in prime location.
Where is the commercial real estate located?
The property is located at 342/344 Maple Ave Burlington, NC.
What is the asking price?
The asking price for this property is $650,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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342/344 Maple Ave
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