The Overlook 704 Beech Mountain Pky

Investment Highlights

Spectacular Long Range Views Restaurant and Coffee Shop Space Multiple Guest Apartments Retail Space

Executive Summary

PRIME COMMERCIAL SPACE at $150/sqft. PRIME LOCATION IN EASTERN AMERICA'S HIGHEST TOWN Next to BEECH MOUNTAIN SKI RESORT. and its year round vacation mecca. Can't miss it, just past Town Hall and MAIN ROAD to SKI BEECH & SUGAR MONTAINS! FABULOUS, LAYERED, LONG RANGE 40 mile VIEWS. RESTAURANT: ($6,500/mo.). 5200+ Square feet. And large Viewing deck. Restaurant and Caf? both have the Best Mountain Views on Beech Mountain, NC. The Restaurant has 2 floors, mezzanine overlooking the first floor dining area. 2 bars, (one as you come into the establishment, the other in the mezzanine area, a band stage, fireplaces, and huge kitchen. The kitchen is equipped with 20 ft hood system, walk in coolers and freezers, and the largest prep kitchen you have ever seen ?. The Large outside viewing deck can accommodate large weddings, conferences and other activities. It's also the end spot and beginning for several Blue Ridge Mountain Trails. An abundance of parking can accommodate many uses. 100+ parking space potential. New roof and windows installed as well as other recent renovations. The Overlook will also include 9 high end apartments and we currently have a contract for a hotel developer to construct 80+ flagged hotel on 2 of the 5-acre property. (Restaurant may accommodate the food requirements for the hotel. Space may also include a game room or brewery). CAF?. ($3,900/mo.). 2500 sq. ft with Viewing DeckFull Caf? (also can accommodate a Drive-Thru) available. This Beautiful Caf? has fireplaces and full kitchen. With a little TLC this space is best centrally located spot for your Caf?, Bakery, Coffee house, you name it. Hosts its own deck with 40 mile views of the Blue Ridge Mountains and Beech Mountain Ski resort. Office/Mercantile space available. ($1,500 each). One can be office and the other one is set up for a grocery store with coolers, freezers. Etc. Unlimited potential for the Office, Service, or Mercantile space. 1st Floor Suite 101Game Room $1,500/mo 2nd Floor Suite 201 Restaurant (5200 sqft) *2 $8,500.00/mo with second floor deck, bar, seating. Suite 202Caf? (2300 sq ft) *4 $3,900.00/mo with deckSuite 203 Grocery Store $1,500.00/mo Suite 204 Vacant space/office $1,500.00/mo

• Sale Type    Investment
• Property Type    Retail
• Property Subtype    Freestanding Freestanding General Retail Bar General Retail Restaurant Office Office Residential Freestanding
• Building Size    28,550
• Building Class    C
• Year Built    1985
• Price    4,300,000
• Price Per SF    151
• Percent Leased    100
• Building Height    4 Stories
• Building FAR    0.18
• Land Acres    3.69 AC