2116 W Roosevelt Blvd - Restaurant FOR SALE


Monroe, NC 28110
$2,600,000 USD
704-615-6106
2116 W Roosevelt Blvd, Monroe, NC for Sale
$2,600,000 USD
Restaurant - FOR SALE
1/2
null | Request Cap Rate

2116 W Roosevelt Blvd
Monroe, NC 28110


HIGHLIGHTS

  • Tenant in place- Tavern 74
  • In-place income
  • Freestanding commercial space

OVERVIEW

2116 W Roosevelt Blvd in Monroe, NC presents a compelling investment opportunity featuring a 5,450 SF freestanding commercial building with in-place income. The property is currently occupied by Tavern 74, a well-established tenant that is committed to remaining for at least one additional year, with an option to renew the lease, providing near-term cash flow and future upside. Offered at $2,600,000, this asset combines a stabilized tenancy with long-term flexibility, making it attractive for both investors seeking income and buyers positioning for future value enhancement.

FOR SALE DETAILS

PRICE

$2,600,000 USD

PRICE/SF

$477 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

120

LAND DETAILS

LAND ACRES

0.73 AC

LAND SF

31,799 SF

ZONING

B-1 SU

APN/PARCEL ID

09-216-070-E

ASK ABOUT THIS PROPERTY

Andy GaoCannon plazaMore Info
704-615-6106

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Andy GaoCannon plazaMore Info
704-615-6106

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