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Newly Completed Restaurant Building
For Sale
$2,000,000

507 W 3rd St, Pembroke, NC 28372

Former Popeyes property near University of North Carolina at Pembroke and Pembroke Memorial Park.

Property Size1,997 SF
Lot Size1.00 Acre
Price / SF$1,001
Days on Market68

Property Features for 507 W 3rd St

General Information

Standard status Active
Size 1,997 SF
Lot size 1.00 Acre

Building Details

Year Built 2025
Listing Agency: 1ST CHOICE REAL ESTATE
Listed By: BRIAN BREWINGTON · License #218540
Source: Exprealty
Added: May 27 Changed: Jul 31 Last Checked: Jul 31 at 7:59AM

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 1ST CHOICE REAL ESTATE

Investment Insights

Based on property information with market context.

This former Popeyes property includes a newly completed 1,997-square-foot restaurant building finished in 2025. The property sits on approximately one acre and is positioned for continued restaurant use within Pembroke’s commercial setting.

Located at 507 W 3rd St, the property is directly across from Pembroke Memorial Park and within walking distance of the University of North Carolina at Pembroke. The site is situated in a community that has seen downtown improvements, including decorative sidewalks, updated business awnings, improved curbing and asphalt roadways, enhanced landscaping, and new tribal street lighting.

Key Highlights

  • 1, 997‑square‑foot restaurant building finished in 2025
  • Approximately one acre
  • Former Popeyes property

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Building Supply Electrical Service Storage Facility Garden Center (Bike/Boat/Book/etc) Store Furniture & Home Goods

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

382
Businesses Nearby
149k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 64% Shops & Services 19% Groceries 16% Electronics 1%
McDonald's Dining
25,315 visits/mo 0.0 miles
Food Lion Grocery Store Groceries
24,030 visits/mo 0.4 miles
Circle K Shops & Services
14,315 visits/mo 0.3 miles
Burger King Dining
13,600 visits/mo 0.2 miles
Cook Out Dining
11,098 visits/mo 0.2 miles

Demographics for 28372, NC

13,765
Population
4,652
Households
3
Avg Household Size
30
Median Age
22%
College-Educated
85%
High-School Grad
44.3 sq mi
ZIP Area
311
Density / Sq Mi
$31,860
Median Household Income
$33,845
Median Earnings
$728
Median Rent
$100,900
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
Rey
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Similar Off Market Nearby

  • Fuller's BBQ — 100 E 3rd St, Pembroke, NC 28372

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Former Popeyes property near University of North Carolina at Pembroke and Pembroke Memorial Park.
Where is this conventional restaurant located?
The property is located at 507 W 3rd St Pembroke, NC.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 1, 997‑square‑foot restaurant building finished in 2025; Approximately one acre; Former Popeyes property
More about this property
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