For Sale
$8,908,000

110 Railroad AveGibsonville, NC 27249

131,000 SF Shopping Center - $8.9M

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 131,000-square-foot shopping center in Gibsonville, North Carolina, presents a compelling investment opportunity. Located at 110 Railroad Ave, 27249, in Guilford County, this partially occupied facility is undergoing repositioning, offering significant potential for retail or self-storage conversion. The property boasts an established downtown location, benefiting from proximity to the high-income area surrounding Elon University. Currently, 45% of the space is occupied by established tenants, with remaining areas available for lease. Flexible spaces cater to a variety of uses, making it ideal for businesses ranging from bookstores and breweries to fitness centers, entertainment venues, or self-storage operations. Tenants can secure spaces ranging from 10,000 to over 73,000 square feet. The asking price is $8,908,000, translating to $68 per square foot. Detailed information, including environmental reports, surveys, floor plans, and photographs, is accessible via a provided Dropbox link. This property offers a strong foundation for a successful retail or adaptive reuse project in a vibrant, established community. The property is for sale by owner.

Highlights

  • $8,908,000 asking price for a 131,000 square foot shopping center.
  • Located at 110 Railroad Ave, Gibsonville, NC 27249.
  • Retail property with potential for self-storage conversion.
  • Partially occupied with established tenants and available space for lease or sale.
  • Situated in established downtown Gibsonville, near Elon University.

Property Details for 110 Railroad Ave

Property type
Lifestyle centers, Power centers
Square Feet
131,000 SF

Location Insight

City
Gibsonville
County
Guilford
State
North Carolina
Latitude
36.1059526
Longitude
-79.5446569
110 Railroad Ave, Gibsonville, North Carolina

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110 Railroad Ave
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