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    201 Church St Mooresville, NC 28115

    Sponsored
    For Lease
    $40 SF/Yr

    Upscale storefront, Liberty Park views

    Lot size:
    3,554 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3,554 square foot retail space is situated in a vibrant downtown location, ideally positioned beneath a 90-unit luxury apartment complex (Mill One). The property, part of a twelve-suite building constructed in 2021, offers a fantastic opportunity for a business seeking high visibility and foot traffic. Located directly adjacent to Liberty Park, the space boasts the potential for outdoor seating, capitalizing on the park's scenic appeal. The building sits on a 2.3-acre lot and is a four-story structure. Suite 107 is currently in shell condition, providing complete flexibility for build-out to perfectly match a tenant's specific requirements and brand aesthetic. A significant tenant improvement allowance of $40 per square foot is available to qualified tenants who meet acceptable lease terms. The surrounding area features a thriving mix of established restaurants and retailers, ensuring a strong customer base and synergistic environment. This is a rare opportunity to establish a presence in a rapidly developing and highly desirable downtown area. The property's prime location, combined with the generous tenant improvement allowance, makes this an exceptional investment for discerning businesses.

    Property Features for 201 Church St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,554 SF

    Building Details

    Year Built
    2021
    Buildings
    1
    Stories
    4

    Unit(s) available at that property

    Space
    Suite 107
    Size
    3,554 SF
    Rate per SF
    $40

    HighLights

    • Prime 3,554 SF retail space in a new (2021) four‑story building.
    • Located in a high‑traffic area near luxury apartments and Liberty Park.
    • Building features twelve suites total, situated on a 2.3‑acre lot.
    • Space is delivered in shell condition, allowing for tenant improvements.
    • $40/SF tenant improvement allowance available to qualified tenants.
    • Potential for outdoor seating overlooking Liberty Park.
    Property Profile Location Intelligence

    Current Use by Public Records

    Eatabowl Asian Restaurant Buah Juice Bar Juice Shop Annie E. Vargas, ... Doctor Rio 150 Mexican ... Mexican Restaurant Mikula Salon & Spa Hair Salon

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Mooresville
    County
    Iredell
    State
    North Carolina
    Longitude
    -80.809319
    Latitude
    35.5831638

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    FAQs

    What type of property is this?
    Restaurant - Upscale storefront, Liberty Park views
    Where is this restaurant located?
    The property is located at 201 Church St Mooresville, NC.
    What is the lease rate?
    The lease rate is $40 SF/Yr.
    What are key features of this property?
    This property features: Prime 3,554 SF retail space in a new (2021) four-story building.; Located in a high-traffic area near luxury apartments and Liberty Park.; Building features twelve suites total, situated on a 2.3-acre lot.
    Request Owner's contact information
    201 Church St Mooresville, NC 28115
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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
    201 Church St Mooresville, NC 28115
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