420 Hillsborough St. is a 1.45-acre site located less than 1/2 mile from the UNC-Chapel Hill Campus. Surrounded by single and multi-family housing, this prime location offers 42+ parking spaces and access to the town's free bus line. High-Density development potential may yield up to 40 units with parking. 10,000 sq. ft. building on site is ready for occupancy. Desirable location with several new developments in the area.

New R-SS-C zoning district rules may permit up to 40 units. Great condominium or townhouse project with income potential for the building during the planning process. Detailed analysis and concept plans for R-SS-C available. The current price reflects discount for minimal contingencies and time-to-close.