Turnkey Restaurant in
6500 Brevard Road Etowah, NC 28729
6500 Brevard Road, Etowah, NC, 28729
$835,000
For Sale
$835,000
Well-established restaurant with high visibility and rental income potential.
Property Size4,350 SF
Price / SF$191.95
Days on Market345
Property Features for 6500 Brevard Road
General Information
- Standard status
- Active
- Size
- 4,350 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1963
Listing agency
H SCOTT & ASSOCIATES
(828) 884-9000
Listed by
HEATHER SCOTT · License #249224
Source
Corcoran
Added: Aug 11, 2025 Updated: Jul 6 at 7:45AM Checked: Jul 21 at 4:50AM
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 H SCOTT & ASSOCIATES
Investment Insights
Based on property information with market context.
This well-established restaurant is located in the heart of Etowah, offering prime visibility from Brevard Road and featuring 225 ft of road frontage. The turnkey property is sold with all restaurant furnishings and appliances, making it ready for immediate operation. The spacious main level includes a welcoming dining area and a fully equipped kitchen. Ample parking is available for guests. The lower level presents excellent potential for additional rental income, enhancing its investment appeal. The property size is 4350 square feet. This high-visibility property is located in a growing area and offers endless possibilities.
Key Highlights
- Turnkey restaurant with all furnishings and appliances included for immediate operation.
- Prime location in the heart of Etowah with high visibility from Brevard Road and 225 ft of road frontage.
- Excellent potential for additional rental income from the lower level.
Local 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 | $78.3k | $18.00 |
| − Vacancy | −$1.5k | −$0.34 |
| EGI | $76.8k | $17.66 |
| − OpEx | −$19.2k | −$4.41 |
| NOI | $57.6k | $13.24 |
4,350 SF · lease $18.00/SF/yr · vacancy 1.90% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$823.0K
$720.1K – $960.2K
NOI $57,609 @ 7.0% cap · market cap 6.90%
Second Best
Retail
$768.1K
$672.1K – $896.2K
NOI $53,769 @ 7.0% cap · market cap 6.44%
Theoretical Best
Office A
$1.45M
$1.27M – $1.69M
NOI $101,477 @ 7.0% cap · market cap 12.15%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Dutch Cupboard
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Restaurant - Well-established restaurant with high visibility and rental income potential.
Where is this restaurant located?
The property is located at 6500 Brevard Road Etowah, NC.
What is the asking price?
The asking price for this property is $835,000.
What are key features of this property?
This property features: Turnkey restaurant with all furnishings and appliances included for immediate operation.; Prime location in the heart of Etowah with high visibility from Brevard Road and 225 ft of road frontage.; Excellent potential for additional rental income from the lower level.
