1201 Main StYadkinville, NC 27055

  • Retail properties
  • 1,176 SF
For Sale
$425,000 View listing

Property Details for 1201 Main St

Year built
2004
Lot size
0.60 AC
Property size (Sq ft)
1,176 SF
Property type
Retail properties
Property subtype
Drive through restaurants
APN
155841
APU
155841

Description

This exceptional turnkey fast-food property at 1201 W Main Street, Yadkinville, NC, is priced at $425,000. The property boasts a highly desirable location offering unparalleled visibility and convenient access for customers. The building includes all necessary equipment for immediate operation, eliminating the need for extensive upfront investment. A key feature is the inclusion of a drive-through lane, catering to the efficiency demands of the fast-food industry. Ample parking is provided with dedicated paved areas at the front and side of the building. Customers can enjoy their meals in the comfortable interior seating area, featuring both booths and tables. Two bathrooms are conveniently located for customer use. Beyond the main building, a storage shed provides additional space for supplies and equipment. The outdoor seating area adds to the overall appeal and functionality of the property. This well-maintained property presents a rare opportunity to acquire a fully operational and strategically positioned fast-food establishment in a thriving location. The property sits on a lot of 0 acres. This is an exceptional opportunity for a quick and profitable business venture. Don't miss out on this chance to own a successful, established business.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $189,661
    6.5%
    $175,072
    7%
    $162,566
  • Comparable approach

    Method
    Valuation
    Relative Method
    $376,168
    Geo Method
    $501,842
  • Alternative Use

    Use
    Valuation
    Residential
    $147,679
    Hospitality
    $135,274
    Educational
    $112,546
    Medical
    $116,417
    Retail
    $175,072
1201 Main St, Yadkinville, North Carolina

Location Insight

City
Yadkinville
County
Yadkin
State
North Carolina
Latitude
36.136
Longitude
-80.6814
CBSA code
49180
CBSA name
WINSTON-SALEM, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,210
$71,874
$100,938
$172,812
-
$71,874
$100,938
$172,812

FAQs

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