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1383 N Center Street #Rest., Hickory, NC 28601 (MLS # 4220295)

Price $590,000
Status Active
Size n/a
Lot Size 3,921 sqft
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. Can also be sold together as one with attached parcel. Leasing at 18-22/sf shows a pro-forma of 6.3% to 7.7% cap rate.
Property Type(s): Commercial
Year Built 2006 County Catawba

Additional Details

AIR Central Air
AIR CONDITIONING Yes
CONSTRUCTION Synthetic Stucco
HEAT Hot Water
LOT 3920 sq ft
LOT DESCRIPTION Corner Lot, Level
MLS STATUS Active
PARKING Parking Lot
SEWER Public Sewer
UTILITIES Electricity Connected, Phone Connected
 

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Listed with Keller Williams Unified
Date last updated: 4/18/25 8:18 AM PDT

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