1401/1407 E Main Street , #2

    Albemarle, NC 28001
    • $3,000
    • STATUS: Closed
    • ON SITE: 171 days
    • ID#: 3510923
    Sold - 10/21/2019
    $3,000
    SOLD - 10/21/2019
    • 0
      BEDS
    • 0.56
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,256
      SQFT
    • $0
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1946
    County:
    Area:

    School Ratings & Info

    Offered by Glen Alford Realty. Copyright 2019 Canopy MLS. All rights reserved.

    Description

    GREAT OPPORTUNITY! Established Restaurant Business and Bar in a fantastic location on E Main St in Albemarle, NC. Just up the street from the new Pfeiffer University this 6,256 sq.ft. building is for sale at $509,000 or you may lease the building at $3,500 a month. The restaurant business is for sale for $250,000 and the current owner is willing to finance part of the business. With a current gross revenue of $725,000 and an annual cash flow of $110,000 this restaurant has a massive opportunity for growth for the right entrepreneur. With a fully equipped business, seating inside for 160 and 35 on the patio, clientele, 18 employees, an inventory of $8,000 and an owner willing to remain on the premises for 2 weeks at no cost, the new owner will be income producing from day one. The building boasts 140' of building front, 198' of road frontage and enough parking area for 50 vehicles. One end of the building has a separate space that can be leased or opened into the restaurant area.


    Sold by Glen Alford Realty Llc.
    Listed by Glen Alford Realty.
    Properties displayed may be listed or sold by various participants in the MLS.

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    Based on information submitted to the MLS GRID as of 2019-11-12T18:59:08.46 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither The Ramsey Group nor any listing broker shall 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 and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2019 Canopy MLS.

    Digital Millennium Copyright Act
    www.yourcharlotteconnection.com/homes/95168240

    1401/1407 E Main Street , #2 Albemarle, NC 28001

    • Price: $759,000
    • Status: Closed
    • Updated: 30 min ago
    • ID#: 3510923
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.56
    Acres
    6,256
    SQFT
    $0
    $/SQFT
    1946
    Built
    Neighborhood:
    Albemarle
    County:
    Stanly
    Area:
    Albemarle
    Property Description
    GREAT OPPORTUNITY! Established Restaurant Business and Bar in a fantastic location on E Main St in Albemarle, NC. Just up the street from the new Pfeiffer University this 6,256 sq.ft. building is for sale at $509,000 or you may lease the building at $3,500 a month. The restaurant business is for sale for $250,000 and the current owner is willing to finance part of the business. With a current gross revenue of $725,000 and an annual cash flow of $110,000 this restaurant has a massive opportunity for growth for the right entrepreneur. With a fully equipped business, seating inside for 160 and 35 on the patio, clientele, 18 employees, an inventory of $8,000 and an owner willing to remain on the premises for 2 weeks at no cost, the new owner will be income producing from day one. The building boasts 140' of building front, 198' of road frontage and enough parking area for 50 vehicles. One end of the building has a separate space that can be leased or opened into the restaurant area.
    Exterior Features

    Buildings 1 Foundation Concrete Rail Service No Roof Aluminum Covering Total Parking 50

    Interior Features

    Cooling CentralTotal Area Heating CentralElectricNatural Gas Max Sq Ft Avail 6256 Min Sq Ft Avail 6256 Sprinkler None

    Property Features

    Agent Owner No Commercial Type Food Service Complex Name Harmancos Flood Plain No In City Yes New Construction No Restrictions N/A Restrictions Description N/A Sale Lease Includes BuildingBusinessEquipmentLand Secondary Type Food Service Special Conditions None Utilities CableCity SewerCity WaterElectricityGas Zoning Ghbd



    Based on information submitted to the MLS GRID as of 2019-11-12T18:59:08.46 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither The Ramsey Group nor any listing broker shall 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 and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2019 Canopy MLS.

    Digital Millennium Copyright Act
     
    The Ramsey Group
    8520 Cliff Cameron Dr, Suite 100
    Charlotte NC, 28269
    Offered by Glen Alford Realty. Copyright 2019 Canopy MLS. All rights reserved.