819 West Ave - Restaurant FOR SALE


Lenoir, NC 28645
$589,900 USD
704-995-7210
819 West Ave, Lenoir, NC for Sale
$589,900 USD
Restaurant - FOR SALE
1/34
null | 5.89% Cap Rate

819 West Ave
Lenoir, NC 28645


HIGHLIGHTS

  • Renovation is complete

OVERVIEW

Historic 1913 Edwardian Commercial Landmark in Downtown Lenoir – Exceptional Investment Opportunity, 819 West Avenue NW is ready for new owners! Step into a piece of Lenoir history with this remarkable 1913 Edwardian-era commercial landmark. Originally built as a men’s clothing store, this iconic downtown property has evolved through the years into one of Lenoir’s signature adaptive-reuse properties. This versatile building offers tremendous flexibility and income potential with the ability to accommodate multiple tenants. Significant upgrades and renovations were completed in 2022, and the property is move-in ready with nothing major needed. The building previously operated as a two-story restaurant and offers a variety of possibilities: Lower Level: Former bar and kitchen area with a separate side-street entrance, allowing for a private club, lounge, entertainment venue, or additional tenant space. Main Street Level: Ideal for retail, office, gallery, or boutique use with excellent downtown visibility. The rear of the building features a stage area, creating opportunities for events, performances, or gatherings. Loft Area: A flexible space perfect for meetings, private events, or additional office use. Upper-Level Apartment/Office Space: Provides additional options for owner occupancy, offices, or rental income. The possibilities are truly endless. Whether you are looking for an investment property, a unique business location, or a downtown redevelopment opportunity, this historic property offers character, versatility, and income potential. One thing is certain — you can purchase this property and put it to work generating income. Call me with any questions or to schedule a private tour. George

FOR SALE DETAILS

PRICE

$589,900 USD

PRICE/SF

$113 USD /SF

CAP RATE

5.89%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar, Fast Food

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1913

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,742 SF

ZONING

-3

APN/PARCEL ID

06-1-7-1

ASK ABOUT THIS PROPERTY

George McGimseyGeorge Mack Properties LLCMore Info
704-995-7210

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George McGimseyGeorge Mack Properties LLCMore Info
704-995-7210

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