Former Allison's Restaurant 1010 Burkemont Ave

Investment Highlights

Heavy Traffic Flow Large paved parking area Near Interstate I-40 exit 103

Executive Summary

Great opportunity to own a prime commercial property located at exit 105 on Interstate 40. This was formally used as a restaurant for decades and is situated on a 5 lane highway with 25,000+ cars per day. Ample parking and drive thru are currently in place. Located across the road from Western Piedmont Community College, The North Carolina School For the Deaf and The North Carolina School For Math and Science. This is a unique opportunity for you to expand in this thriving community in the Foothills of North Carolina.

• Sale Type    Investment or Owner User
• Sale Conditions    Business Value Included Business Value Included High Vacancy Property Redevelopment Project Building in Shell Condition Business Value Included
• Property Type    Retail
• Property Subtype    Restaurant Restaurant General Retail Bar General Retail Fast Food General Retail Freestanding Restaurant
• Building Size    2,507
• Building Class    C
• Year Built    1972
• Price    1,500,000
• Price Per SF    598
• Tenancy    Single
• Building Height    1 Story
• Building FAR    0.05
• Land Acres    1.10 AC
• Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.