1128 N. Main Street Oakboro NC 28129 1128 N Main St

1128 N Main St , Oakboro, North Carolina, 28129 | 3,020 sq.f | $ 450,000

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About This Restaurant

Investment Highlights

Excellent Visibility in the heart of Oakboro

Executive Summary

Strategically located on N. Main St in Oakboro, this property enjoys excellent visibility and customer accessibility. Perfect for a restaurant owner/operator or investor, the retail center includes space for potential 2-3 units and ample opportunity for customization into a wide variety of retail concepts. The property is +/- 3020 sf, currently occupied by a church and a successful restaurant, and has short term leases in place. Off note: Charlotte Pipe and Foundry, a state-of-the-art pipe foundry for the nation's leading manufacturer of cast iron, plastic pipes and fittings, recently relocated to their $460 million, 700 acre foundry in Oakboro and is considered to be one of the largest and most modern foundries in the world. With employment of roughly 530 people, this will naturally result in a boost in Oakboro's economy and discretionary income in the community. Oakboro only has a few restaurants so here is your chance to take advantage of this opportunity!

Property Details

  • Sale Type    Investment or Owner User
  • Property Type    Retail
  • Property Subtype    Restaurant Restaurant General Retail Freestanding General Retail Storefront General Retail Storefront Retail/Office Restaurant
  • Building Size    3,020
  • Year Built    1960
  • Price    450,000
  • Price Per SF    149
  • Percent Leased    Vacant
  • Tenancy    Multiple
  • Building Height    1 Story
  • Building FAR    0.14
  • Land Acres    0.49 AC

Amenities

  • Freeway Visibility
  • Restaurant
  • Signage

Property Taxes

Parcel Number 6504-03-11-5637 Improvements Assessment $15,479
Land Assessment $41,912 Total Assessment $57,391
Date Created: 2024-07-16 04:16:24 Last Updated: 2024-07-16 04:16:24
Address: 1128 N Main St , Oakboro, North Carolina, 28129