Investment Highlights
Executive Summary
SIGNIFICANT PRICE REDUCTIONThis ~ 1/2 acre Hope Valley area property has served as the home of China Palace restaurant since 1997The property sees high visibility from the road being situated on a major street corner at the intersection of Garrett Road & Old Chapel Hill Road-- NCDOT traffic data found in agent remarks & MLS documents. Located about midway between Duke & UNC universities.Opportunity to purchase business /equipment if interested.Main level is 1804 sq. ft. customer area, kitchen, front desk, entry, area behind counter.Basement is 1804 sq. ft. ? dry storage.Approx. 15 or so parking spaces in its current configuration-- likely spaces for 18-19 in total.For specific questions call co-listing agent Paul Kreader at (919) 637-3963. Documents available with more information.NCDOT Traffic study data in MLS documents or look up here and hit the legend icon:https://ncdot.maps.arcgis.com/apps/webappviewer/index.html?id=964881960f0549de8c3583bf46ef5ed4Dishwasher is leased, will not convey with purchase or lease. Coca Cola drink+ cooler not owned by restaurant thus will not convey.Inventory list is available.Sprinkler above cooking area.Electric Vehicle Charging business opportunity may be possible - Call for details! Please contact listing team before on site visits are made - thank you!
