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Rare investment opportunity to own a vacant lot in downtown Chappell Hill! This lot has a ton of potential, with both commercial and residential opportunities. The lot is mostly flat with a few mature trees and it is L shaped with more property than you can see from the road. There is city water already on the property with a meter that is not in use and the county has confirmed that an installation of a septic tank is grandfathered in. There is also a power pole on the lot that can be easily tapped into. Please be aware that there is an abandoned septic tank in unknown condition somewhere near the back of the property so please do not drive onto the lot without contacting the listing agent. This property is priced to sell and there is an existing survey for the property so closing can be swift, don’t let this deal pass you by! ALSO AVAILABLE FOR LEASE! Owner is also willing to lease the property as a ground lease with negotiable terms. Please reach out to discuss the possibilities
* Terms are pending seller / RMLO approval
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