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    1008 Jefferson Ave West Jefferson, NC 28694

    Sponsored
    For Sale
    $550,000

    Established West Jefferson eatery, prime location.

    Property size:
    3,188 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This thriving, full-service restaurant and real estate package presents a unique investment opportunity in West Jefferson, NC. Located at 1008 S Jefferson Ave, this established business occupies a 3,188 square foot building on 1.43 acres of land, offering significant expansion potential. Built in 1998, the property boasts ample parking for 32 vehicles, a convenient drive-through, and covered outdoor seating. With a seating capacity of 106, the restaurant enjoys a prime location on a main thoroughfare in a rapidly growing town, minutes from major retailers like Walmart and Lowe's. The property includes two adjoining parcels, providing flexibility for future development. This turnkey operation is priced at $550,000 for the combined property and business. The property's strategic location and established customer base make this a compelling investment opportunity in a vibrant community.

    Property Features for 1008 Jefferson Ave

    General Information

    Property type
    Restaurants
    Square Feet
    3,188 SF
    Lot Size
    62,291 SF

    Building Details

    Year Built
    1998

    HighLights

    • Thriving full‑service restaurant and real estate package in West Jefferson, NC.
    • 3,188 SF building on 1.43 acres with 106‑seat capacity.
    • Ample parking (32 spaces), drive‑thru, and covered outdoor seating.
    • Prime location on main thoroughfare, minutes from Walmart and Lowe's.
    • Turnkey operation priced at $550,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    West Jefferson
    County
    Ashe
    State
    North Carolina
    Longitude
    -81.487964470595
    Latitude
    36.390734751728

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    FAQs

    What type of property is this?
    Restaurant - Established West Jefferson eatery, prime location.
    Where is this restaurant located?
    The property is located at 1008 Jefferson Ave West Jefferson, NC.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: Thriving full-service restaurant and real estate package in West Jefferson, NC.; 3,188 SF building on 1.43 acres with 106-seat capacity.; Ample parking (32 spaces), drive-thru, and covered outdoor seating.
    Request Owner's contact information
    1008 Jefferson Ave West Jefferson, NC 28694
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    West Jefferson, NC 28694
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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
    1008 Jefferson Ave West Jefferson, NC 28694
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