100/102 S Merritt Mill Road, Chapel Hill, NC 27516

Listed by Fonville Morisey Realty
Bought with Fonville Morisey Realty

$3,100,000

$4,000,000

22.5%

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment -/mo

SOLD DATE : 10/30/2023

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

Originating Board 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

Rooms

Other Rooms Garage(s), Other

Exterior

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available

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