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1504 E Franklin St
Chapel Hill, NC 27514 University Place

$1,050,000 USD

Medical Condo For Sale  •  3,900 SF

Property Details

  • Property Type Medical
  • Total Building Size 19,921 SF
  • Lot Size 0.6 AC
  • Building Class B
  • Year Built 2002
  • Tenancy Multiple
  • Zoning OI-2
40 Transit Score
60 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 200 Office 3,900 SF $1,050,000 USD
  • Unit Size: 3,900 SF
  • Condo Use: Office
  • Price: $1,050,000 USD
  • Sale Type: Investment
  • Price/SF: $269.23 USD
Description
Approximately 3900 rsf

Sale Notes
Ideal location close to the post office, University Place, and the Sienna Hotel.

Description 

The location delivers exceptional connectivity and convenience, situated near the Chapel Hill Post Office, University Place, and the Sienna Hotel. With close proximity to the University of North Carolina and the region’s vibrant business community, this property benefits from steady demand and sustained economic activity. Ideal for investors seeking a well-positioned office asset in one of the Triangle’s most desirable submarkets, this property offers immediate cash flow and long-term value potential.

Highlights

Recent installation of a new roof system for long-term durability.
Strong credit tenant

Property Flyers

Amenities

  • 24 Hour Access
  • Signage

Public Transportation

Commuter RailDriveWalkDistance
20 min - 9.6 mi
AirportDriveWalkDistance
Raleigh-Durham International 27 min - 18.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 122
Type: Surface
Included in Rent: Yes
John Morris 919-417-2492 Morris Commercial, Inc.
John Morris 919-417-2492 Morris Commercial, Inc.