Property summary
This exceptional 1,480 square foot commercial property, situated on a 0.25-acre lot at 4370 Old NC Highway 16 in Lansing, NC, presents a unique investment opportunity. Previously operating as a well-loved local eatery, this building is now available for purchase, complete with land and existing inventory (inventory removal is negotiable). Conveniently located just 4 miles from Jefferson, 6 miles from downtown West Jefferson, and 5 miles from Lansing, the property boasts excellent visibility and high local traffic volume. The building itself includes two restrooms (one with a full shower), a washer/dryer hookup, and a compact kitchen. A spacious unfinished basement offers additional storage or expansion potential. A paved parking lot ensures convenient customer access. The property's versatility allows for a wide range of potential uses, including, but not limited to: a bait shop, kayak/canoe rental, barber shop, consignment store, tattoo parlor, or hardware store. Alternatively, the building could be remodeled for residential use. Note that a stream runs behind the property, and a portion of the land is located within a flood zone. This established business in a thriving community offers a rare chance to own a piece of local history and build upon its existing success. Priced at $239,000.
Property profile
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Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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