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    20 Main St Franklinton, NC 27525

    For Sale
    $1,100,000

    Established Restaurant, High Visibility, Ample Parking

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional turn-key restaurant presents a lucrative investment opportunity in the revitalized downtown area of Franklinton, North Carolina. Located on South Main Street, this property boasts high visibility and is conveniently situated near ample parking, ensuring easy access for customers. The sale includes all existing equipment, minimizing the start-up costs for a new owner. The restaurant benefits from an already established customer base, providing a solid foundation for continued success. A recently added patio area expands seating capacity and enhances the dining experience, catering to a wider range of customer preferences. The property sits on a 0.08-acre lot, providing sufficient space for outdoor operations and potential future expansion. Priced at $1,100,000, this is a rare chance to acquire a thriving business in a rapidly developing downtown location. The property's prime location and existing infrastructure make it an ideal acquisition for an experienced restaurateur or a savvy investor seeking a profitable venture in a vibrant community. This is a truly exceptional opportunity to own a well-established and successful restaurant with significant growth potential. The turnkey nature of this offering minimizes the time and resources required to begin operations, allowing for a swift and seamless transition to new ownership. Don't miss this chance to own a piece of Franklinton's revitalized downtown.

    Property Features for 20 Main St

    General Information

    Property type
    Retail properties
    Lot Size
    3,485 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Owls Roost Brewery Brewpub Eli's Tavern Restaurant The After Life Bar ... Bar & Grill

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Franklinton
    County
    Franklin
    State
    North Carolina
    Longitude
    -78.45743
    Latitude
    36.10304

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    FAQs

    What type of property is this?
    Retail property - Established Restaurant, High Visibility, Ample Parking
    Where is this retail property located?
    The property is located at 20 Main St Franklinton, NC.
    What is the asking price?
    The asking price for this property is $1,100,000.
    (919) 494-4040
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    20 Main St Franklinton, NC 27525
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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
    20 Main St Franklinton, NC 27525
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