202 E Broad St - Restaurant FOR SALE


Saint Pauls, NC 28384
$369,000 USD
910-221-5789
202 E Broad St, Saint Pauls, NC for Sale
$369,000 USD
Restaurant - FOR SALE
1/2
null | Request Cap Rate

202 E Broad St
Saint Pauls, NC 28384


OVERVIEW

Prime investment opportunity in the downtown heart of St. Pauls, NC. There are very few established restaurants in the area, apart from the usual chain fast food options. Most existing restaurants are Hispanic-themed; however, this location was successfully operated as an Italian eatery for nearly 30 years. Its popularity was largely due to its proximity to local schools, and it was cherished as a small-town gathering spot. As an owner-user, you have significant opportunities for value addition. At this price, which is in line with market standards, this could be a diamond in the rough for the right buyer.

FOR SALE DETAILS

PRICE

$369,000 USD

PRICE/SF

$140 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,810 SF

ZONING

CB

APN/PARCEL ID

3814-01-006

ASK ABOUT THIS PROPERTY

Peter PappasPappas Commercial PropertiesMore Info
910-221-5789

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Peter PappasPappas Commercial PropertiesMore Info
910-221-5789

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