Bought with Long & Foster Real Estate INC
$3,100,000
$4,000,000
22.5%For more information regarding the value of a property, please contact us for a free consultation.
100/102 S Merritt Mill Road Chapel Hill, NC 27516
0.76 Acres Lot
Key Details
Sold Price $3,100,000
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Sold
Purchase Type For Sale
Subdivision Not In A Subdivision
MLS Listing ID 2524583
Sold Date 10/30/23
Lot Size 0.760 Acres
Acres 0.76
Property Sub-Type Unimproved Land
Source Triangle MLS
Property Description
Look straight down historic Franklin St! Very rare lot with so many options! Could be a hotel site, condos, student apartments, office space e.t.c.On the intersection of W Franklin Street and S Main St.Combination of lot #100 & 102 (Currently leased to several business and bringing a great income).Current buildings include a 2774 sq ft retail building and a 1.994 sq ft auto garage. Multi Zoning: B1G ,RHDC overlay 0.76 Acres of Commercial property. * Both parcels to be sold together. * Great Investment Property as land like this is very rare.
Location
State NC
County Orange
Zoning RHDC / B1G
Direction I- 40 W Exit 273A toward Chapel Hill.NC -54 becomes Raleigh Rd.Turn R onto Country Club Rd. Turn R onto Raleigh Rd.Turn Left onto E Franklin St.Go straight, 100 and 102 S Merritt Mill Rd are on your left side-Intersection of W Franklin St & Merritt M
Exterior
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available
View Y/N Yes
Present Use Vacant
Street Surface Paved
Private Pool No
Building
Lot Description Corner Lot, Level
Faces I- 40 W Exit 273A toward Chapel Hill.NC -54 becomes Raleigh Rd.Turn R onto Country Club Rd. Turn R onto Raleigh Rd.Turn Left onto E Franklin St.Go straight, 100 and 102 S Merritt Mill Rd are on your left side-Intersection of W Franklin St & Merritt M
Sewer Public Sewer
Water Public
Schools
Elementary Schools Ch/Carrboro - Northside
Middle Schools Ch/Carrboro - Smith
High Schools Ch/Carrboro - Chapel Hill
Others
Senior Community No
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