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.
MLS# | 4157445 |
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Listing Type | For Sale |
Style | Retail |
Sub-Type | Resale |
Status | Active |
Year | 2006 |
Days On Site | 87 |
Listing Provided By | Keller Williams Unified | Rodney Garren |
Bath(s) | 4 |
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Zoning | PD |
Acreage | 0.09 |
State | NC |
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County | Catawba |
City | Hickory |
Zip Code | 28601 |
Area | Catawba |
Listing VS Median (in 28601) | |
Price: $1,000,000 low | high Med: $339,000 On Site: 87 low | high Med: 72.000000 |