1401/1407 E Main Street Albemarle, NC $ 759,000
1401/1407 E Main Street
$ 759,000

1401/1407 E Main Street

Albemarle, NC, 28001
$ 759,000
Bedrooms Baths0.0 Sq 6,256

Monthly Estimate*

$ 3,619

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Commercial Property for sale in Albemarle, NC

for $759,000. This 6,256 square foot building was built in 1946 on a lot size of 0.560 Acre(s).

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.

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Commercial Active

Price

$ 759,000

Property Type

Commercial

Style

Food Service

Lot Size

0.560 Acre(s)

Year Built

1946

Town/City

Albemarle

County/Region

Stanly

MLS | Web ID

3510923

Features
Interior
Cooling System Central Air Electric Cooling
Heating Source Natural Gas
Sewer City Sewer
Water Source City Water
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Exterior
Construction Site Built
Foundation Concrete
Parking 41-60 Parking Spaces
Roof Aluminum Cover
Zoning Not in Flood Zone
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Miscellaneous
Commercial Equipment Included Sale Includes Building Sale Includes Business Sale Includes Land
Utilities Cable Electric Gas
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* Excluded Features
List By

Listing Agent

Glen Alford Realty Llc

Broker

Affordability Calculator

$3,619
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0%
Monthly Principal & Interest
$3,619
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Default based on a 30-year fixed rate of 3.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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1401/1407 E Main Street, Albemarle, NC, 28001 is a Commercial Property for sale at $759,000 with 6,256 sqft and a lot size of 0.560 Acre(s). 1401/1407 E Main Street has 0.0 baths and was built in 1946. The property's zip code is 28001 which is in Albemarle, NC