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    135 Main St Albemarle, NC 28001

    Sponsored
    For Lease
    $15 SF/Yr ($12,925 /Mo)

    Prime 10,340 SF Restaurant Space Available

    Lot size:
    10,340 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional three-story commercial property, located at 135 & 141 W. Main St. in the heart of downtown Albemarle, North Carolina, offers 10,340 square feet of versatile space ideal for a variety of uses. Built in 1913, this single-tenant building sits on a 0.07-acre lot and features a well-established layout perfect for a restaurant or similar business. The main floor, previously a restaurant, boasts a fully equipped kitchen, ready for immediate occupancy. The second floor presents a significant opportunity for expansion, potentially as an event space or a unique speakeasy concept. A full basement provides ample storage. The property's address is 135 W Main St, Albemarle, NC 28001, with the APN 6548-03-24-4590 in Stanly County. This is a rare chance to acquire a substantial, historically significant building in a thriving downtown area. The property's size and layout offer significant potential for a creative and successful business venture. The building's three stories provide ample space for various uses, and its central location ensures high visibility and accessibility. This is a turnkey opportunity for a restaurant or other commercial enterprise seeking a unique and established location in Albemarle.

    Property Features for 135 Main St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,340 SF
    Total Rate
    12925

    Building Details

    Year Built
    1913
    Buildings
    1
    Stories
    3

    Unit(s) available at that property

    Space
    Size
    10,340 SF
    Rate per SF
    $15

    HighLights

    • 10,340 SF three‑story commercial building at 135 & 141 W. Main St., Albemarle, NC.
    • Built in 1913 on a 0.07‑acre lot, APN 6548‑03‑24‑4590.
    • Single‑tenant building with a fully equipped kitchen on the main floor, ideal for a restaurant.
    • Second floor offers expansion potential for uses such as an event space.
    • Full basement provides ample storage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Tiffany's At The Boardroom Bar & Grill

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Albemarle
    County
    Stanly
    State
    North Carolina
    Longitude
    -80.1989839
    Latitude
    35.3501034

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    FAQs

    What type of property is this?
    Restaurant - Prime 10,340 SF Restaurant Space Available
    Where is this restaurant located?
    The property is located at 135 Main St Albemarle, NC.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: 10,340 SF three-story commercial building at 135 & 141 W. Main St., Albemarle, NC.; Built in 1913 on a 0.07-acre lot, APN 6548-03-24-4590.; Single-tenant building with a fully equipped kitchen on the main floor, ideal for a restaurant.
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    135 Main St Albemarle, NC 28001
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    Albemarle, NC 28001
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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
    135 Main St Albemarle, NC 28001
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