1854 Catawba Valley BlvdHickory, NC 28602

  • Retail properties
  • 2,913 SF
For Sale
$1,700,000 View listing

Property Details for 1854 Catawba Valley Blvd

Year built
2000
Construction
WOOD
Lot size
0.86 AC
Property size (Sq ft)
2,913 SF
Zone code
PD
Property type
Retail properties
Property subtype
Drive through restaurants
APN
3711-06-48-6456
APU
371106486456

Description

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.

1854 Catawba Valley Blvd, Hickory, North Carolina

Location Insight

City
Hickory
County
Catawba
State
North Carolina
Latitude
35.7021
Longitude
-81.3084
CBSA code
25860
CBSA name
HICKORY-LENOIR-MORGANTON, 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
$11,140
$505,800
$799,400
$1,305,200
-
$505,800
$799,400
$1,305,200

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