408 W Rosemary Street Chapel Hill, NC ^$ 3,600,000

408 W Rosemary Street

^$ 3,600,000

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408 W Rosemary Street

Chapel Hill, NC, 27516

^$ 3,600,000

Studio Baths0.0

Monthly Estimate*

^$ 25,147

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408 W Rosemary Street, Chapel Hill, NC 27516 - Image 9

408 W Rosemary Street, Chapel Hill, NC 27516 - Image 10

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Studio

Commercial Property for sale in Chapel Hill, NC

for $3,600,000. This building was built in 1998 on a lot size of 0.68.

Wonderful location in the City of Chapel Hill. Fully operational restaurant building for sale, minutes from the University and downtown Chapel Hill.

Commercial Pending

Price

^$ 3,600,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 2,748,403

Style

Lot Size

0.68

Year Built

1998

Town/City

Chapel Hill

County/Region

Orange

MLS | Web ID

2494476

Features

General

Heating Natural Gas

Cooling Central Air

Utilities Electricity Available Natural Gas Available Phone Available Sewer Available Water Available

Zoning Commercial

Year Built 1998

Stories 1

County Orange

New Construction N

Property Type Commercial Sale

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Status Pending

Directions Franklin Street right on Columbia Left on West Rosemary

City Chapel Hill

Buyer Agent Compensation 2.50

View Y/N N

Senior Community Y/N N

Lot Size Square Feet 29620.8

Waterfront Y/N N

Carport Y/N N

Street Name Rosemary

Property Attached Y/N N

Tax Annual Amount 2748403

Lease Considered Y/N N

Days on Market 228

Building Area Units Square Feet

Standard Status Pending

Buyer Agent Compensation Type %

Exterior

Lot Size Area 29620.8

Spa N

Building Area Total 4226

Lot Dimensions See GIS

Lot Size Acres 0.68

Lot Size Units Square Feet

Open Parking Y/N N

Horse Y/N N

Interior

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Street Suffix Street

Below Grade Finished Area Unit Type Square Feet

Above Grade Finished Area Unit Type Square Feet

Living Area Units Square Feet

* Excluded Features

List By

Preston Edwards

Listing Agent

Preston Edwards Realty, Llc

Broker

Affordability Calculator

$254,181

Per Month

Monthly Principal & Interest: $25,147
Monthly Property Taxes: $229,034
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Chapel Hill, NC

Average List Price ^$1,849,417

Percent of Sale Price 49%

About Chapel Hill, NC

60,184 Population

17% Since 2002

^$71,433 Median Income

28.31 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

343702 Elementary School

343439 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/10/2023	$3,600,000		Listed Price

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408 W Rosemary Street, Chapel Hill, NC, 27516 is a Commercial Property for sale at $3,600,000 with a lot size of 0.68. 408 W Rosemary Street is a studio with 0.0 baths and was built in 1998. The property's zip code is 27516 which is in Chapel Hill, NC

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The information being provided is for consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.

Data is updated as of 4/28/2024.

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408 W Rosemary Street

Commercial Property for sale in Chapel Hill, NC

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