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    101 E Main St Elkin, NC 28621

    For Sale
    $980,000

    Refurbished commercial building with potential for restaurant, retail, or mixed-use.

    Property Features for 101 E Main St

    General Information

    Standard status
    Active

    Building Details

    Year built
    1937

    Source: UNDERDOWN, BALL & ASSOCIATES, LLC Agent ROBERT BALL

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Downtown Elkin Commercial Property

    The Former Belk Building is a 1.5-story commercial property located in Historic Downtown Elkin. The building was refurbished in 2019 as The Wisdom Table, featuring an open floorplan and a basement. The property includes a replaced roof (2014), a sprinkler system, electric heat pumps, new electrical, new plumbing, new light fixtures, and a gas furnace. Previously used as a restaurant and retail store, the building offers potential for re-establishing a restaurant, creating retail space, developing mixed-use office/retail, or exploring civic, cultural, or multi-family options. The property is located in the Town of Elkin, near hiking, biking, and water trails, with easy access to I-77 and the Yadkin Valley AVA. Public parking is conveniently located less than a block away. The seller will place a deed restriction that prohibits off-site beer and wine sales (no bottle shops or grocery store like use) on the property for a period of 15 years. On-site beer and wine consumption is permitted including restaurants, bars, event center, tasting room, etc.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Wisdom Table Wine Bar Three Trails Hotel

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Elkin
    County
    Surry
    State
    North Carolina
    Longitude
    -80.8506163
    Latitude
    36.2443271

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    FAQs

    What type of property is this?
    Storefront property - Refurbished commercial building with potential for restaurant, retail, or mixed-use.
    Where is this storefront property located?
    The property is located at 101 E Main St Elkin, NC.
    What is the asking price?
    The asking price for this property is $980,000.
    What are key features of this property?
    This property features: - Prime commercial property in Historic Downtown Elkin with unlimited potential.; - Refurbished in 2019 with an open floorplan and basement, featuring new electrical, plumbing, and light fixtures.; - Located near hiking, biking, and water trails, with easy access to I-77 and the Yadkin Valley AVA.
    (336) 835-2256
    Request Owner's contact information
    101 E Main St Elkin, NC 28621
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    Elkin, NC 28621
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    101 E Main St Elkin, NC 28621
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