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Restaurant and Ice Cream Shop
For Sale
$650,000

1008 N Main Street, China Grove, NC 28023

Established restaurant and ice cream shop in prime location for sale.

Property SizeContact for details
Days on Market653

Property Features for 1008 N Main Street

General Information

Standard status Active
Property subtype Commercial

Amenities

Metal Roof
Level
Natural Gas Heating
Parking Lot

Building Details

Year Built 1940
Listing Agency: PREMIER REAL ESTATE TEAM INC.
Listed By: MICHELLE STEELEY · License #297634
Source: Corcoran
Added: Dec 12, 2024 Changed: Aug 27 Last Checked: Aug 16 at 4:26AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of PREMIER REAL ESTATE TEAM INC.

Investment Insights

Based on property information with market context.

This established restaurant and ice cream shop is available for sale. The property is situated directly across from China Grove Middle School, ensuring a steady flow of customers, especially around lunchtime and after school hours. On average, the shop serves 30 to 40 customers each day, maintaining reliable revenue and community support. The shop offers convenient access to I-85 and downtown China Grove, increasing foot traffic and visibility. The current owner is willing to convey the name, fixtures, and supplies. The seller plans to continue to run the business until the new owner takes possession. The Pepsi machine, Pepsi refrigerator, dipper boxes and Hershey refrigerator do not convey. This combination of location, customer base, and accessibility makes this restaurant and ice cream shop a promising investment opportunity.

Key Highlights

  • Prime location directly across from China Grove Middle School ensures consistent customer traffic.
  • Established restaurant and ice cream shop with existing customer base and community support.
  • Convenient access to I‑85 and downtown China Grove increases foot traffic and visibility.

Property Analytics

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Current Use

Sweet Treats by ... Bakery

Suggested Use

Top Pick Real Estate Agency Electrical Service Dental Office Furniture & Home Goods Storage Facility Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

160
Businesses Nearby
73k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 46% Dining 30% Shops & Services 25%
Food Lion Grocery Store Groceries
33,137 visits/mo 0.3 miles
Bojangles' Famous Chicken 'n Biscuits Dining
20,182 visits/mo 0.4 miles
Circle K Shops & Services
10,744 visits/mo 0.4 miles
BP Shops & Services
6,144 visits/mo 0.2 miles
Domino's Pizza Dining
1,534 visits/mo 0.5 miles

Demographics for 28023, NC

15,144
Population
6,490
Households
2.3
Avg Household Size
42
Median Age
18%
College-Educated
85%
High-School Grad
46.5 sq mi
ZIP Area
326
Density / Sq Mi
$62,064
Median Household Income
$41,417
Median Earnings
$942
Median Rent
$209,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Restaurant - Established restaurant and ice cream shop in prime location for sale.
Where is this restaurant located?
The property is located at 1008 N Main Street China Grove, NC.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Prime location directly across from China Grove Middle School ensures consistent customer traffic.; Established restaurant and ice cream shop with existing customer base and community support.; Convenient access to I‑85 and downtown China Grove increases foot traffic and visibility.
More about this property
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