Address
1401/1407 E Main Street, Albemarle, NC
Price
$ 1,200,000
Property Attributes
  • ID#4126719
  • TypeCommercial
  • CountySTANLY
  • CityAlbemarle
  • AreaStanly County
  • Zip28001
  • StyleFood/Beverage
  • Price$ 1,200,000
  • Bedrooms0
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage6256
  • Lot Size0.556 Acres
Data Source:
Canopy MLS
Property Description

GREAT OPPORTUNITY! Established Restaurant and Bar in a fantastic location with 198' of road front on E Main Street in Albemarle, NC. Just up the street from Pfeiffer University and in the foothills of the Uwharrie Mountains this popular restaurant has a great opportunity for growth for the right entrepreneur. With a fully equipped business, seating inside for 160 and 35 on the patio, clientele, employees, inventory and the owner willing to remain on the premises for 2 weeks, the new owner will be income producing from day one. Updates include plumbing, gas lines, tankless water heater, new flooring in the kitchen and dining area, interior fresh paint, new appliances to include but not limited to the cooler, fryer, flat top grill, grill, 4 tap kegerator, and picnic tables on the patio. The building boast 140" of building front, 198' of Main St. road front, and parking for 50 vehicles. One end of the building has a separate space that can be leased brick and mortar office or retail.

Price History
4/9/2024 Listed $1,200,000

General Features

Sewer Public Sewer
Heating Central,Electric,Natural Gas
Cooling Central Air,Electric,Total
Utilities Cable Connected,Electricity Connected,Gas
Roof Metal
Zoning GHBD
Construction Materials Wood
Year Built 1946
Property SubType Food/Beverage
Waterfront Features None
Accessibility Two or More Access Exits,Handicap Parking,Zero-Grade Entry
County Stanly
New Construction No
Property Type Commercial Sale
Possible Use Commercial
City Albemarle
Total Units 2
Street Name Main
Standard Status Active
CAR_HOASubjectTo None
Construction Type Site Built
Restrictions Signage,Use
Tax Assessed Value 266557

Interior Features

Street Suffix Street
Total Baths 4

Exterior Features

Parking Features Parking Lot
Lot Features Level,Paved
Water Source City
Total Parking 50
Inclusions Building,Business,Equipment,Fixtures,Inventory,Land
Lot Size Area 0.556
Foundation Details Slab
Number of Buildings 1
Building Area Total 6256
Road Surface Type Concrete
Other Parking Parking lot is split in the center between the restaurant and the building next door.
Lot Size Units Acres
Road Frontage Type City Street
Road Responsibility Publicly Maintained Road
Road Frontage 198

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 28001

Price
AVG $650K
$1.2M
Visits
AVG 310
25
Data Provided by Inside Real Estate®
Year Built
AVG 1964
1946

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