1383/1381 n center street bothHickory, NC 28601

$900,000Price
0Acres
$900,000Price
0Acres

1383/1381 n center street bothHickory, NC 28601

Description

Proven commercial corner unit including $300k+ worth of restaurant/bar up-fitting and equipment installed. Could be used for office space like it's surrounding units but is currently restaurant/bar space. 2 buildings in one connected only through the kitchen, nearly 2/3 of the space is designed for full/quick service restaurant sales and the rest, a fully self-sufficient bar. Equipment includes an XL hood, walk-in coolers, draft beer system w/ cooling, and cocktail station. Cleaning stations, office area, 4 total bathrooms as well as ample indoor seating space w/ an outdoor patio section. Keep these businesses separate or open them together as the restaurant and bar space you’ve been dreaming of. The two parcels can also be sold separately. Leasing at 18-22/sf shows a pro-forma of 6.3% to 7.7% cap rate.

Property Details for 1383/1381 N Center Street Both

  • Parking FeaturesParking Lot
  • Property AttachedNo

LISTING UPDATED:

  • StatusActive
  • MLS #CAR4157445
  • Days on Site271
  • MLS TypeCommercial Sale
  • Year Built2006
  • CountryCatawba

Location

NCHickory286011383/1381 N Center Street Both

Listing Courtesy of Keller Williams Unified - Rodney Garren

LISTING UPDATED:

  • StatusActive
  • MLS #CAR4157445
  • Days on Site271
  • MLS TypeCommercial Sale
  • Year Built2006
  • CountryCatawba

Building Information for 1383/1381 N Center Street Both

Payment Calculator

$9,290 per month30 year fixed, 7.00% Interest
Principal and Interest$4,790.18
Property Taxes$4,500
HOA Dues$0

Term

Interest

Home Price

Down Payment

The Payment Calculator is for illustrative purposes only. Read More

Property Information for 1383/1381 N Center Street Both

Summary

Location and General Information

  • Directions: 127N in Viewmont, turn Left onto 14th Ave NE (People's Bank). Go through stop sign at N Center St. Left into parking lot after crossing N Center St. Unit is on the end closest to 14th.
  • Coordinates: 35.75085444,-81.33828423

School Information

    Taxes and HOA Information

    • Parcel Number: 370311662366
    • Tax Legal Description: LOT 1 PL 67-52

    Virtual Tour

      Parking

      • Open Parking: No

      Interior and Exterior Features

      Interior Features

      • Cooling: Central Air
      • Heating: Hot Water
      • Foundation: Slab
      • Bathrooms Total Integer: 4

      Exterior Features

      • Construction Materials: Brick Partial, Synthetic Stucco
      • Fencing: Fenced, Partial
      • Patio And Porch Features: Patio
      • Pool Features: None
      • Road Surface Type: Paved
      • Roof Type: Flat
      • Pool Private: No
      • Road Frontage Type: City Street
      • Other Structures: None

      Property

      Utilities

      • Sewer: Public Sewer
      • Utilities: Electricity Connected, Phone Connected, Underground Power Lines
      • Water Source: City

      Property and Assessments

      • Home Warranty: No

      Green Features

        Lot Information

        • Lot Features: Corner Lot, End Unit, Level

        Multi Family

        • # Of Units In Community: Both

        Rental

        Rent Information

        • Land Lease: No

        Public Records for 1383/1381 N Center Street Both

        Home Facts