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    16-20 Union St S Concord, NC 28025

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    For Lease
    $24 SF/Yr ($7,200 /Mo)

    Second-generation restaurant space in revitalized downtown Concord.

    Property size:
    3,600 SF
    Lot size:
    0.10 Acres

    Property Features for 16-20 Union St S

    General Information

    Size
    3,600 SF
    Lot size
    0.10 Acres

    Source: Mortice Commercial Real Estate LLC Agent Steven Tice, CCIM

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

    Overview

    Restaurant Space in Downtown Concord

    This second-generation restaurant space is located in the heart of Concord's revitalized downtown. The property features 3,600 +/- SF across two levels, with a bonus basement available for storage. The space is full of history, from the vintage tile and classic bar to accents that could be restored. The location in downtown allows for outdoor dining. This space is suited for a neighborhood or upscale restaurant that serves the local community while drawing patrons from the surrounding region. The property benefits from strong pedestrian activity, nearby residential growth, and complementary businesses and attractions like the Davis Theater.
    Location Intelligence

    Current Use by Public Records

    Restaurants

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Similar Places Nearby

    Big City Bites Food Truck

    Location Insight

    • Map
    • Local Demand
    City
    Concord
    County
    Cabarrus
    State
    North Carolina
    Longitude
    -80.5810737
    Latitude
    35.4101327

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    FAQs

    What type of property is this?
    Restaurant - Second-generation restaurant space in revitalized downtown Concord.
    Where is this restaurant located?
    The property is located at 16-20 Union St S Concord, NC.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: - Prime downtown Concord location with strong pedestrian traffic and nearby attractions.; - **3,600 +/- SF restaurant space across two levels, plus basement storage.**; - Suitable for outdoor dining at no additional cost.
    (704) 794-2294
    Request Owner's contact information
    16-20 Union St S Concord, NC 28025
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    Concord, NC 28025
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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
    16-20 Union St S Concord, NC 28025
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