Brevard Landmark Restaurant
1196 N Country Club Road Brevard, NC 28712
For Sale
$1,500,000
Pending
Multi-use property with established restaurant and event venue potential.
Property Size5,732 SF
Lot Size3.00 Acres
Days on Market300
Property Features for 1196 N Country Club Road
General Information
Standard status
Pending
Size
5,732 SF
Lot size
3.00 Acres
Property subtype
Commercial
Building Details
Year Built
1930
Listing Agency:
PETIT PROPERTIES INC
(828) 966-7800
Listed By:
JAKE RAINES · License #283310
Source:
Corcoran
Added: Oct 2, 2025
Changed: Jul 6
Last Checked: Jul 23 at 6:53AM
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 PETIT PROPERTIES INC
Investment Insights
Based on property information with market context.
This multi-use property, originally established in 1930 as The Brevard Country Club, offers a unique opportunity for various buyers. The property, situated on just under 3 acres, features city water, city sewer, fiber optic internet, and natural gas. The rustic cabin includes hardwood floors, a stone fireplace, an open dining area, a covered side porch, and two renovated bathrooms. The kitchen is equipped with generous prep space, two new vent hood systems, and a functional layout. The basement contains a full-size smoker and a large walk-in cooler. The property also includes ample parking, green space, and an outdoor entertaining platform. This property is located in Brevard, NC.
Key Highlights
- Prime location in Brevard, NC, suitable for various ventures.
- Just under 3 acres with city water, city sewer, fiber optic internet, and natural gas.
- Established history as a successful event and catering center.
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $103.2k | $18.00 |
| − Vacancy | −$2.6k | −$0.45 |
| EGI | $100.6k | $17.55 |
| − OpEx | −$25.1k | −$4.39 |
| NOI | $75.4k | $13.16 |
5,732 SF · lease $18.00/SF/yr · vacancy 2.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.08M
$943.1K – $1.26M
NOI $75,447 @ 7.0% cap · market cap 5.03%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.69M
$1.48M – $1.97M
NOI $118,171 @ 7.0% cap · market cap 7.88%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Multi-use property with established restaurant and event venue potential.
Where is this conventional restaurant located?
The property is located at 1196 N Country Club Road Brevard, NC.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Prime location in Brevard, NC, suitable for various ventures.; Just under 3 acres with city water, city sewer, fiber optic internet, and natural gas.; Established history as a successful event and catering center.
