301 Martin Luther King Jr, Greensboro, NC 27406

$700,000
Property Type: Comm Sale or Lease Lot Size (sq. ft.): 7,841 Status: Closed
Current Price: $700,000 List Date: 9/27/2013 Last Modified: 12/03/2025

Description

BANK OWNED! Pristine commercial building on two levels in the vibrant mixed use community of Southside in the heart of Downtown Greensboro. The ground level consists of a popular restaurant, Dames Chicken and Waffles, whilst the upstairs has been partially finished into executive offices and the remainder is still in shell condition. Sold in 2006 for $882,500.00! The property is surrounded by upmarket retail, townhouses, condominiums and apartments. The property has been condominiumized which will allow for even more flexibility.

More Information MLS# 155895

Building/Ext Features

# of Parking Spaces: 6 # of Restrooms: 0 # of Units: 0 Lot Acres: 0.18 Lot SqFt: 0 SqFt - Apx Total: 7765 SqFt - Total Available: 0 SqFt - Office: 0 SqFt - Retail/Display: 0 SqFt - Warehouse: 0

Contract Info

List Price/SqFt: 99.16 Status: Closed Marketing Start Date: 2013-09-26 Listing Price: 770000 Current Price: $700,000

Location Information

Marketing City: Greensboro Street #: 301 Street Name: Martin Luther King Jr County: Guilford State/Province: NC Zip Code: 27406 Geo Lat: 36.066468 Geo Lon: -79.787738

Building Info

New Construction: No

Legal and Taxes

Tax Assessed Value: 0 Total City Real Estate Property Tax: 4193.07 Deed Book: 007513 Deed Page: 469 Legal: Lot # 1ST FLR C-I CPB 10-13TH16 HOBBS BDG CON Lot # 2ND FL C-1 CPB10-13TH16 HOBBS BDG CONDO PID: 0001030,0001031 Total Real Estate Property Taxes: 0 Tax Year: 2013 Zoning: TN Year Built: 2006

Lease Info

Lease Rate: 0 Deposit: 0

Business Type

Comm Condominium: 1 Food Service: 1 Professional/Office: 1 Retail: 1 Other: 1

HOA

Association Fee 1/Year: 0

Remarks and Showing

Directions to Property: Building is on the corner of Gorrell and Martin Luther King Jr Drive in Southside, Greensboro

Status Change Info

Under Contract Date: 2014-01-14 Sold Price: $700,000 Sold Date: 2014-02-28

Property Features

Business Type: Comm Condominium; Food Service; Professional/Office; Retail; Other
Listing Office: Kuester Real Estate Services
IDX
Last Updated: December - 03 - 2025
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