208 N College Ave - Bar FOR SALE


Newton, NC 28658
$395,000 USD
828-322-2179
208 N College Ave, Newton, NC for Sale
$395,000 USD
Bar - FOR SALE
1/5
null | Request Cap Rate

208 N College Ave
Newton, NC 28658


HIGHLIGHTS

  • Prime location in nationally accredited historic downtown
  • Existing commercial kitchen and bar infrastructure
  • Flexible layout with additional basement storage
  • Surrounded by boutique hospitality and cultural venues
  • Recent streetscape and infrastructure upgrades enhance visibility

OVERVIEW

Positioned in the heart of nationally recognized Downtown Newton, this property offers a rare opportunity to own a piece of history while capitalizing on a vibrant, growing market. Located at 208 N College Ave, the building features an established restaurant and bar build-out, including a commercial kitchen, bar seating, and an open dining area. The additional basement level provides 2,700 SF of storage, ideal for inventory or operational flexibility. Downtown Newton is a National Main Street Accredited community, celebrated for its walkable streets, cultural assets, and economic resilience. Recent infrastructure upgrades—including pedestrian-friendly sidewalks, underground utilities, and enhanced streetscape—create a welcoming environment for businesses and visitors alike. Anchored by the historic Catawba County Courthouse and complemented by boutique hospitality, performing arts venues, and creative incubators, the district attracts a diverse mix of residents and tourists. With a median household income of $56,869 and a population of over 13,500, Newton offers strong demographics for hospitality and experiential concepts. Public investment and national recognition further reduce risk for buyers seeking adaptive reuse or boutique retail opportunities. Whether you envision a destination restaurant, craft brewery, or creative event space, this property delivers unmatched visibility and character in a thriving downtown setting.

FOR SALE DETAILS

PRICE

$395,000 USD

PRICE/SF

$146 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bar

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1956

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,763 SF

ZONING

B-3

APN/PARCEL ID

3740130431090000

ASK ABOUT THIS PROPERTY

Tony JarrettPRISM Commercial Real Estate, LLCMore Info
828-322-2179

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Tony JarrettPRISM Commercial Real Estate, LLCMore Info
828-322-2179

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