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123 & 127 Kingston Drive

Chapel Hill, NC 27514
  • $1,999,900
  • STATUS: Active
  • ON SITE: 29 Days
  • ID#: 2489494
UPDATED: 29 min ago
$1,999,900
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1983
County:
Area:

School Ratings & Info

Triangle MLS logoListing courtesy of Tranzon Fox Auctions: [IDXCONTACTINFORMATION].
© 2023 Triangle MLS, Inc. of North Carolina. All Rights Reserved. Information deemed reliable but not guaranteed.

Description

Auction-Auction-Auction- Online Reserve Auction ending February 15th at 2 PM EST. Class B offices, deeded as 8 separate office condos, currently combined into various private offices w/shared lavatory and kitchenette on each level. Fabulous opportunity for owner/occupant, a business owner with an eye to growth can occupy one building, or a suite or two, rent the rest and grow into both buildings. Potential also for a landlord or developer. Flexibility to re-sell individual units; possible re-zone for residential use-- apartments or condos! Recent renovations include: LVP flooring, paint, LED lighting, new ceiling tiles, exterior upgrade. Ownership of both buildings 123 and 125 Kingston Dr. gives just over 77% ownership in the condo development, and the ability to amend the documents. Both buildings are currently configured as offices of varying sizes, sharing the bathrooms (2 per floor) and kitchenette, and were used by a single tenant, not as individual divided units. Interiors can be reconfigured as desired. There is a separate electric meter for each original unit, so 4 meters at each building.

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Triangle MLS logo©2023 Triangle MLS, Inc. of North Carolina. All rights reserved. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Data last updated 2023-02-06T13:53:05.487.
www.raleigh-trianglehomesnc.com/homes/135853476
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123 & 127 Kingston Drive Chapel Hill, NC 27514

  • Price: $1,999,900
  • Status: Active
  • On Site: 29 Days
  • Updated: 29 min ago
  • ID#: 2489494
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1983
Built
County:
Orange
Area:
Chapel Hill
Property Description
Auction-Auction-Auction- Online Reserve Auction ending February 15th at 2 PM EST. Class B offices, deeded as 8 separate office condos, currently combined into various private offices w/shared lavatory and kitchenette on each level. Fabulous opportunity for owner/occupant, a business owner with an eye to growth can occupy one building, or a suite or two, rent the rest and grow into both buildings. Potential also for a landlord or developer. Flexibility to re-sell individual units; possible re-zone for residential use-- apartments or condos! Recent renovations include: LVP flooring, paint, LED lighting, new ceiling tiles, exterior upgrade. Ownership of both buildings 123 and 125 Kingston Dr. gives just over 77% ownership in the condo development, and the ability to amend the documents. Both buildings are currently configured as offices of varying sizes, sharing the bathrooms (2 per floor) and kitchenette, and were used by a single tenant, not as individual divided units. Interiors can be reconfigured as desired. There is a separate electric meter for each original unit, so 4 meters at each building.
Exterior Features

Construction Materials Brick Roof Composition

Interior Features

First Floor Bedrooms Yes

Property Features

For Lease No New Construction YN No Property Sub Type Office Sale Rent For Sale Special Listing Conditions Auction Structure Type Office Tax Annual Amount 17484 Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedPhone ConnectedWater Connected Zoning O2



Triangle MLS logo©2023 Triangle MLS, Inc. of North Carolina. All rights reserved. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Data last updated 2023-02-06T13:53:05.487.
 
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1483 Beaver Creek Commons Dr
Apex NC, 27502
Triangle MLS logoListing courtesy of Tranzon Fox Auctions: [IDXCONTACTINFORMATION].
© 2023 Triangle MLS, Inc. of North Carolina. All Rights Reserved. Information deemed reliable but not guaranteed.