Another Fauntleroy Way site in The Triangle goes up for sale

Along with development, we watch real estate – particularly commercial listings – for hints at where future development might turn up. Tonight, there’s a new listing in The Triangle: 4480 Fauntleroy Way SW, offered for sale for $895,000. It’s home to coffee, computer, and car businesses, and the flyer says that all are on month-to-month leases but all want to stay, while also touting the 6,300-square-foot site’s “great future development potential.” It’s zoned NC3-65 (explained here). Two nearby sites remain listed, as first reported here in August:

*The $2.6 million listing for 17,000-sf Fauntleroy Plaza on the northwest corner of Fauntleroy/35th says a sale is “pending.”

*The $2.4 million (down from $2.8 million in August) listing for 16,000-sf 4441 Fauntleroy Way SW describes it as “available.” Like newly listed 4480 Fauntleroy, it is zoned NC3-65.

Online city records show no current development proposals for any of the three aforementioned sites.

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7 Replies to "Another Fauntleroy Way site in The Triangle goes up for sale"

  • comment-avatar
    Diane November 17, 2013 (11:21 pm)

    best auto mechanic in WS

  • comment-avatar
    DM November 18, 2013 (7:42 am)

    I ABSOLUTELY agree Diane! I hope all three businesses can stay put!

    • comment-avatar
      WSB November 18, 2013 (7:46 am)

      Which gives me an opportunity to underscore that just because a building is for sale doesn’t mean any change is imminent for its occupants … selling it could take a while … new owners could maintain the status quo for a long time … even if there WERE a development proposal (which as I note, there is not), those take a couple years to work their way through the system. And in fact, one of the for-sale buildings – 35th/Fauntleroy – just had a NEW business open, even after the listing (that’s where Zaw is). – TR

  • comment-avatar
    Anonymous November 18, 2013 (8:53 am)

    Does this also include the shoe repair shop? I love that place…

  • comment-avatar
    Penny November 18, 2013 (12:06 pm)

    Maybe they are selling because they foresee more development happening in the area and feel it is a good time to get a good price. Isn’t there a new Trader Joe’s around the area and maybe a Whole Foods coming? I don’t live there but visit my brother who does and I recall some talk about Whole Foods and condos?

    • comment-avatar
      WSB November 18, 2013 (12:27 pm)

      Penny – yes, lots in the works and lots done already. The proposed (not finalized) Whole Foods/370-apt. development at 4755 Fauntleroy is a couple blocks away, as is the Spruce development (150 or so apartments and LA Fitness) across the street, which in turn is across the street from the new-ish Trader Joe’s, which in turn is across the street from new-ish Link (150+ apartments, ground-floor business), and lots more development to the east – busy Avalon Way, a planned mixed-use building on 35th just south of Avalon, and so on and so on … None of it is condos, though, all apartments. – TR

  • comment-avatar
    DFW November 18, 2013 (2:38 pm)

    As someone who lives nearby, both excited and somewhat apprehensive. Change! *shakes cane at sky*

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