930 Chapman StGreensboro, NC 27403

This exceptional investment opportunity presents two buildings totaling 4,080 square feet situated on two parcels in Greensboro, North Carolina. The property, located at 930-934 S Chapman St, features a desirable location between Gate City Blvd and Spring Garden Rd, offering convenient access to UNC Greensboro, the Greensboro Coliseum, and White Oak Amphitheater. The buildings, constructed in 1941 and renovated in 1981, boast a combined net operating income (NOI) of $60,000, resulting in an attractive 8.00% capitalization rate. One building offers 1,800 square feet with a drive-in door, while the other provides 2,280 square feet of retail/flex space, including two drive-in doors. The property is zoned CM and comprises two single-story structures. The asking price for this turnkey investment is $750,000. This presents a rare chance to acquire a well-established, income-producing auto shop in a high-traffic area with significant growth potential. The property's strong cash flow and strategic location make it an ideal addition to any investment portfolio. This is a Class C property.