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    Property profile & analytics
    OFF-MARKET Estimated value $700,000
    Commercial real estate

    102 Main St, Carrboro, NC 27510-2308

    3,000 SF 0.36 ac lot Built 1985
    Entity Owned 5-yr Hold Free & Clear
    Property ID
    US53-2358015
    Property summary
    AI-generated overview

    This exceptional restaurant opportunity is located at 102 E. Main Street in the heart of Carrboro, North Carolina. The 3,265 square foot space is part of a larger building totaling 7,865 square feet, encompassing three suites in two buildings. Recently renovated in 2023, this second-generation restaurant space offers a blank canvas for a new culinary venture. The property boasts existing restaurant infrastructure, eliminating significant upfront costs. The building sits on a 0.36-acre lot and features 7-8 parking spaces. Its B-1 (C) - Town Center Business zoning ensures flexibility for various restaurant concepts. The property's prime location offers high visibility and pedestrian traffic, benefiting from the vibrant downtown Carrboro community. Built in 1926, the single-story building is conveniently located in Orange County, NC, with easy access to local residents and visitors. The property's APN is 9778866028. This is a rare chance to establish a thriving restaurant in a highly desirable location. Don't miss this opportunity to capitalize on Carrboro's thriving culinary scene.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1985
    Total area 3,000 SF
    Lot 0.36 ac (15,682 SF)
    Zoning code B1C
    APN 9778-86-6028
    UPID US53-2358015
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Scavenger Antiques Home Decor Store (Bike/Boat/Book/etc) Store
    • The Moxy Fox Salon Hair Salon
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $605k
    CAP Approach CAP
    $560k
    Comparable Approach Comparable
    $933k
    Blend (final) Blend
    $700k
    Owner & transaction history
    Humage Holdings LLC · 5 yrs held
    Humage Holdings LLC
    since 2020
    4 recorded transactions
    2020
    2017
    2004
    1969
    Zoning & alternative use
    B1C · Carrboro, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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