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Historic Restaurant Building
For Sale
Contact for pricing
Pending

318 Salisbury Avenue, Spencer, NC 28159

Historic restaurant building leased to an operating restaurant across from NC Transportation Museum.

Property SizeContact for details
Days on Market148

Property Features for 318 Salisbury Avenue

General Information

Standard status Pending
Property subtype Special Purpose
Listing Agency: Century 21 Towne & Country
Listed By: Cathy Griffin · License #NC
Source: Crexi
Added: Apr 11 Changed: Aug 13 Last Checked: Sep 5 at 9:43AM

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 Century 21 Towne & Country

Investment Insights

Based on property information with market context.

This historic restaurant building is currently leased and being operated as a food service business. The property is located at 318 Salisbury Avenue in Spencer, NC 28159.

According to the remarks, the building sits across from the NC Transportation Museum, an established tourist attraction in North Carolina. The property’s configuration supports continued restaurant use under the existing lease arrangement.

Call for more information or to schedule a private showing.

Key Highlights

  • Historic restaurant building leased to an operating restaurant
  • Located across from the NC Transportation Museum
  • Directions provided via Jake Alexander Blvd W to Mooresville Road, then S Main Street

Property Analytics

Current Use

Queso Salsa Mexican ... Restaurant

Suggested Use

Top Pick Dental Office Building Supply Parking Lot & Garage Pharmacy Auto Parts Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

226
Businesses Nearby
20k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 92% Dining 8%
Family Dollar Shops & Services
11,876 visits/mo 0.1 miles
BP Shops & Services
5,728 visits/mo 0.1 miles
SUBWAY Dining
1,675 visits/mo 0.5 miles
Jackson Hewitt Tax Service Shops & Services
717 visits/mo 0.5 miles

Demographics for 28159, NC

3,067
Population
1,458
Households
2.1
Avg Household Size
39
Median Age
23%
College-Educated
81%
High-School Grad
2.2 sq mi
ZIP Area
1,394
Density / Sq Mi
$63,396
Median Household Income
$43,302
Median Earnings
$1,042
Median Rent
$160,300
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Historic restaurant building leased to an operating restaurant across from NC Transportation Museum.
Where is this conventional restaurant located?
The property is located at 318 Salisbury Avenue Spencer, NC.
What are key features of this property?
This property features: Historic restaurant building leased to an operating restaurant; Located across from the NC Transportation Museum; Directions provided via Jake Alexander Blvd W to Mooresville Road, then S Main Street
(704) 213-2464 Call to check price and availability
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