1051-1057 Grecade St

Investment Highlights

Executive Summary

CoStar has a maximum Square Footage as 6,084sf however plans designed for the space shows 7066 +/- square Feet. 1051-1057 Grecade was previously used for LI (light industrial) purposes. The new owners purchased the property and completed a demolition of all the interior in late 2023 and at the same time completed a new roof and asphalt parking in the Summer of 2023. Great exposure from Battleground Avenue this location is perfect for a Restaurant, Bar, Retail or even office. This property is For Sale or For Lease and Landlords are will to subdivide.Location is the number one value to this property, located between two of the most traveled street in Greensboro ( Wendover Ave & Battleground Ave or Hwy 220 North). Lots of option for the use of this space. Surrounded by Breweries and Dining any retail would be a nice addition. Grecade Street also hosts a number of Office buildings and Medical Spaces on the North end so anything is possible for this highly visible location.

• Sale Type    Investment or Owner User
• Property Type    Retail
• Property Subtype    Restaurant
• Building Size    1,842
• Building Class    C
• Year Built    1995
• Price    895,000
• Price Per SF    486
• Percent Leased    100
• Building Height    2 Stories
• Building FAR    0.09
• Land Acres    0.46 AC

• Bus Line
• Restaurant
• Signage