192 Fashion Cir - Retail FOR SALE


Rutherfordton, NC 28139
$2,650,000 USD
828-755-7216
192 Fashion Cir, Rutherfordton, NC for Sale
$2,650,000 USD
Retail - FOR SALE
1/54
null | Request Cap Rate

192 Fashion Cir
Rutherfordton, NC 28139


OVERVIEW

Welcome to the dreamland campus situated a mile north of downtown Rutherfordton. What was once the heart of a thriving textile empire has been transformed into a family oriented destination with 1/3 of a mile of frontage on our 13 mile rails to trails. The dreamland campus is anchored by Fly Boy Pizza and Fly Girl Brewing that have been in existence for five years. The 12,000 ft.² brewhouse and pizzeria are an aviation centric playground for both adults and children featuring a full-size airplane as well as pool tables, dart boards, cornhole, and many outdoor activities. The brewhouse is available for private parties and has hosted well over 300 guests for weddings and class reunions. The entirety of the campus is zoned MU – 2 which allows for both commercial and residential opportunities. All buildings are fully sprinkled and offer both city sewer and water. We have recently consolidated the pizza operation out of the existing restaurant building that is for sale into our new kitchen in the brewhouse. The existing restaurant building that is for sale comes turnkey with a walk-in cooler and freezer, ice maker, two 60 quart mixers, tables and chairs and a full bar setup that is also decorated in an aviation centric motif. The other building offered in the sale is a 6800 ft.² open pallet that can be transformed into most any usage. It was designed and built to offer wide open spaces both upstairs and downstairs. Situated between the buildings is a beautiful 1500 ft.² patio for private parties or overflow from the restaurant. Our visions for the unfinished building included a wedding venue, mixed retail space and Airbnb suites, etc. We also envisioned a private courtyard off of the front of the newly constructed covered porch. We are looking for a partner to join us to complete the vision of this wonderful campus. We are self brokering and vetting potential partners and look to offer owner financing with flexible terms. The campus also has approximately 1.3 acres of unfinished property that could be developed into a hotel or other retail. We would also entertain a sale of the entire campus to the right buyer.

FOR SALE DETAILS

PRICE

$2,650,000 USD

PRICE/SF

$268 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Bar, Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

MU-2

APN/PARCEL ID

1655412

ASK ABOUT THIS PROPERTY

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828-755-7216

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Troy TevisTroy N TevisMore Info
828-755-7216

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.