For Sale
$195,000

663 Deavor Rd Pisgah Forest, NC 28768

Iconic NC Restaurant, High NOI

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional 7,200 square foot Class A restaurant and business opportunity in Pisgah Forest, NC, is available for $195,000. Located at 663 Deavor Rd, 28768, this established eatery boasts a prime location in a high-traffic area near popular parks, waterfalls, and biking trails in the North Carolina mountains. Operating for 50 years under the same family ownership, this 150-seat restaurant features a bright, open floor plan dining room and bar, currently serving a loyal customer base of locals and tourists. The business enjoys robust lunch and dinner sales, with potential for expansion into outdoor seating. The current annual net operating income (NOI) is $100,000, and current sales are under $1 million, presenting significant growth opportunities for a new owner. This owner/user investment is ideal for a couple or family seeking to take advantage of the existing strong foundation and further capitalize on the area's growing popularity and tourism. The property offers a unique blend of established success and untapped potential, making it a truly remarkable opportunity in the vibrant North Carolina mountain region. This is a turnkey operation ready for a new generation of ownership to build upon its rich history and legacy.

Property Details for 663 Deavor Rd

Property type
Retail properties, Restaurants
Square Feet
7,200 SF
Class
A

Location Insight

City
Pisgah Forest
County
Transylvania
State
North Carolina
Latitude
35.2736668
Longitude
-82.7018212

FAQs

What type of property is this?
Retail property - Iconic NC Restaurant, High NOI
Where is the retail property located?
The property is located at 663 Deavor Rd Pisgah Forest, NC.
What is the asking price?
The asking price for this property is $195,000.
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663 Deavor Rd
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