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2920 Martinsville Rd
Greensboro, NC 27408 Delwoods Park/Fairfield

$1,800,000 USD

Apartments Condos For Sale  •  1,105+ SF

Property Details

  • Property Type Apartments
  • Total Building Size 28,155 SF
  • Lot Size 2.18 AC
  • Building Class B
  • Year Built 2008
  • Zoning GB
0 Transit Score
64 Walk Score

6 Units Available

Name Condo Use Size Price Details
1st Floor - Unit 1 Retail 1,105 SF Price Upon Request
  • Unit Size: 1,105 SF
  • Condo Use: Retail
  • Price: Price Upon Request
  • Sale Type: Investment
1st Floor - Unit 2 Retail 1,813 SF Price Upon Request
  • Unit Size: 1,813 SF
  • Condo Use: Retail
  • Price: Price Upon Request
  • Sale Type: Investment
1st Floor - Unit 3 Retail 1,664 SF Price Upon Request
  • Unit Size: 1,664 SF
  • Condo Use: Retail
  • Price: Price Upon Request
  • Sale Type: Investment
1st Floor - Unit 4 Retail 1,310 SF Price Upon Request
  • Unit Size: 1,310 SF
  • Condo Use: Retail
  • Price: Price Upon Request
  • Sale Type: Investment
1st Floor - Unit 5 Retail 1,311 SF Price Upon Request
  • Unit Size: 1,311 SF
  • Condo Use: Retail
  • Price: Price Upon Request
  • Sale Type: Investment
1st Floor - Unit Ground Flr Retail 8,986 SF $1,800,000 USD
  • Unit Size: 8,986 SF
  • Condo Use: Retail
  • Price: $1,800,000 USD
  • Sale Type: Investment
  • Price/SF: $200.31 USD
Sale Notes
This ±8,986 SF retail investment comprises six ground-floor condominium units within a modern mixed-use building positioned in one of Greensboro’s most prominent retail corridors. Located just 13 minutes from Piedmont Triad International Airport (PTI) and minutes from I-840, I-40, and I-85, the property offers exceptional regional connectivity and visibility for both tenants and customers. Surrounded by major employers, Fortune 500 facilities, retail corridors, and established affluent neighborhoods, it sits at the center of Greensboro’s commercial growth.

Zoned GB, the property supports retail, office, or showroom uses and offers immediate investor income with significant value-add upside through targeted repositioning and rent lifts. Built in 2008, the modern commercial space features strong parking ratios and direct highway access, attracting tenants from across the greater Piedmont Triad MSA. Ideal for 1031 buyers, private capital groups, and commercial operators seeking a North Carolina value-add retail investment with near-term cash flow and long-term exit potential.

Description 

Highlights:
• Six (6) ground-floor retail condos totaling ±8,986 SF
• GB Zoning | Flexible for retail, showroom, or office uses
• 8.3 miles (13-minute drive) to PTI Airport
• 1.9 miles (5-minute drive) to I-840 / Business Loop, 6.6 miles (15 minutes) to I-40, and 8.4 miles (17 minutes) to I-85
• Centrally located within a prominent retail corridor and near affluent Greensboro neighborhoods
• Immediate income with value-add upside through lease optimization and expense realignment

Highlights

Stabilized Center with Diverse Tenant Mix
Fully Occupied

Property Flyers

Amenities

  • Air Conditioning
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower

Public Transportation

Commuter RailDriveWalkDistance
Greensboro Station (Piedmont - North Carolina by Train (NC Train)) 10 min - 4.5 mi
AirportDriveWalkDistance
Piedmont Triad International 16 min - 8.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 70
Type: Surface
Included in Rent: Yes
Robbie Perkins 336-337-0059 NAI Piedmont Triad
Robbie Perkins 336-337-0059 NAI Piedmont Triad