$1,000,000
( )
 $5,678 est/mo Sourced by Back At You

1381 N Center Street , Hickory, NC 28601

Hickory, NC 28601

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Description

Proven commercial corner unit including $300k+ worth of restaurant/bar up-fitting and equipment installed. Could be used for office space like it's surrounding units but is currently restaurant/bar space. 2 buildings in one connected only through the kitchen, nearly 2/3 of the space is designed for full/quick service restaurant sales and the rest, a fully self-sufficient bar. Equipment includes an XL hood, walk-in coolers, draft beer system w/ cooling, and cocktail station. Cleaning stations, office area, 4 total bathrooms as well as ample indoor seating space w/ an outdoor patio section. Keep these businesses separate or open them together as the restaurant and bar space you’ve been dreaming of. Leasing at 18-22/sf shows a pro-forma of 6.3% to 7.7% cap rate.

Details

MLS#4157445
Listing TypeFor Sale
StyleRetail
Sub-TypeResale
StatusActive
Year2006
Days On Site90
Listing Provided ByKeller Williams Unified | Rodney Garren

Features

Bath(s)4
ZoningPD
Acreage0.09

Market Activity 28601

 Listings courtesy of Canopy Realtor® Association as distributed by MLS GRID.

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Learn More About This Property

StateNC
CountyCatawba
CityHickory
Zip Code28601
AreaCatawba
Listing VS Median (in 28601)
Price:
$1,000,000
low | high
Med:
$337,500
100% of Average
On Site:
90
low | high
Med:
95.000000
94.736842105263% of Average
Sourced by Back At You
Listing Updated: October 1, 2024 at 1:38:07 PM PDT