2006 S Sterling St - Freestanding FOR SALE


Morganton, NC 28655
$1,349,000 USD
336-448-8205
2006 S Sterling St, Morganton, NC for Sale
$1,349,000 USD
Freestanding - FOR SALE
1/34
null | Request Cap Rate

2006 S Sterling St
Morganton, NC 28655


OVERVIEW

7000 SF Restaurant on 2.84 Acres less than one mile from I-40. Prime location in Morgantons main commercial corridor. Direct frontage on S. Sterling St with multiple entrances and high volume parking. Regional and destination accessibility on the I-40 corridor, high traffic counts on S. Sterling St. Brick building and metal standing seam roof in excellent condition for age. Interior is ready for a restaurant or change of use. this property offers a strong investment or owner user value. Priced below tax value with the option to sell off or redevelop .24 acre corner lot. Strong long term lease option available for qualified tenant as well. NO KITCHEN EQUIPMENT CURRENTLY IN SPACE. HOODS AND FIRE SUPPRESSION AS WELL AS WALK IN COOLERS INCLUDED AND FUNCTIONING.

FOR SALE DETAILS

PRICE

$1,349,000 USD

PRICE/SF

$194 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

120

LAND DETAILS

LAND ACRES

2.8 AC

LAND SF

121,968 SF

ZONING

GB HID

APN/PARCEL ID

7164

ASK ABOUT THIS PROPERTY

Kevin HatcherMiller Hatcher Inc.More Info
336-448-8205

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Kevin HatcherMiller Hatcher Inc.More Info
336-448-8205

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