For Sale
$1,700,000

1854 Catawba Valley BlvdHickory, NC 28602

Profitable Restaurant, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
116
This 2,913 square foot restaurant in Hickory, NC, is available for $1,700,000. Located on 0.86 acres in a shopping center with national retailers like Target and Dick's Sporting Goods, this single-tenant, 100% occupied property offers significant value. The building, constructed in 2000 and renovated five years ago, features a spacious dining room and outdoor patio. The property includes 35 parking spaces and is zoned PD. This turnkey operation presents a unique opportunity for investors and entrepreneurs to acquire a fully equipped restaurant without the challenges of starting from scratch. The land alone is valued at $575,000 per acre, adding to the investment potential. The property operates under a NNN lease and is offered for sale by owner. This is a value-add opportunity with high potential for growth and success in a desirable location. The property's strong tenant occupancy and prime location within a thriving shopping center make it an attractive investment. The existing infrastructure and equipment eliminate the need for significant upfront investment, allowing for a quicker return on investment. This is a rare opportunity to acquire a successful restaurant business in a high-traffic area with established brand recognition. Don't miss this chance to capitalize on this exceptional investment.

Highlights

  • $1,700,000 asking price for a 2,913 SF retail property in Hickory, NC.
  • NNN lease, single tenant, 100% occupancy.
  • Value-add investment opportunity, located in a shopping center with national retailers.
  • Restaurant currently operating; includes equipment.
  • 0.86-acre lot with 35 parking spaces; $575,000/acre land value.

Property Details for 1854 Catawba Valley Blvd

Property type
Lifestyle centers, Power centers
Square Feet
2,913 SF
Year Built/Renovated
2000/5
Buildings
1
Stories
1
Lot Size (sq. ft)
37,462 SF
Units
1

Location Insight

City
Hickory
County
Catawba
State
North Carolina
Latitude
35.702200105698
Longitude
-81.307990065656
1854 Catawba Valley Blvd, Hickory, North Carolina

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
1854 Catawba Valley Blvd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message