222 S Railroad Ave - Storefront Retail/Residential FOR SALE


Kings Mountain, NC 28086
$1,600,000 USD
704-600-7656
222 S Railroad Ave, Kings Mountain, NC for Sale
$1,600,000 USD
Storefront Retail/Residential - FOR SALE
1/16
null | Request Cap Rate

222 S Railroad Ave
Kings Mountain, NC 28086


HIGHLIGHTS

  • Turnkey Restaurant with all equipment included
  • Fully Gutted & Extensively Renovated
  • 2nd Floor Apartments - HUGE VALUE-ADD OPPORTUNITY

OVERVIEW

This extensively renovated property at 218 S. Railroad Avenue offers a rare opportunity to acquire a modernized, mixed-use asset in the heart of Kings Mountain. * Listed by Edy Bergstrom | MECA Commercial Real Estate | (704)600-7656 | ebergstrom@mecacommercial.com Fully-gutted and rebuilt in 2024, the 1st floor is a turnkey, fully equipped second-generation restaurant with significant investment in infrastructure, equipment and entertainment features already in place. Above, the 2nd floor is framed and prepped for four residential units, with major systems installed and plans available — positioning a new owner to complete the build-out and unlock additional income. This is a compelling opportunity combining a ready-to-go commercial space with meaningful value-add potential. COMPLETE BUILDING OVERHAUL • Fully gutted with all structural and non-structural framing completed • Permitted through the City of Kings Mountain • All new electrical service into the building, including new wiring and panels • All new plumbing, including new water main and full connection to city sewer • $250,000 fire sprinkler system installed • New fire alarm system with hardwired smoke and carbon monoxide detectors on both floors • New ADT security system • ADA compliant • Two new 10-ton Trane electric HVAC units • New commercial storefront with aluminum framing and double insulated glass panels • New stucco exterior • Roof replaced in 2017 with a durable Duro-Last flat roof system • Structural framing completed for two elevated rear decks overlooking Patriots Park (or potential solar installation!)

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$160 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Downtown Mixed-Use Investment Opportunity

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Restaurant, Storefront Retail/Office, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1899

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

7,092 SF

ZONING

CB

APN/PARCEL ID

7845

ASK ABOUT THIS PROPERTY

Edy BergstromMECA Commercial Real EstateMore Info
704-600-7656

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Edy BergstromMECA Commercial Real EstateMore Info
704-600-7656

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