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    Retail properties & Spaces

    Restaurant for Sale - Lucrative Growth Potential Rare Opportunity Turn Ky, Sherrills Ford, NC 28673

    14,000 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional turnkey restaurant opportunity in Sherrills Ford, NC, is available for $275,000. Boasting 14,000 square feet of interior space, this established eatery offers a fully equipped kitchen and ample seating for 127 patrons. The current lease agreement extends until February 28, 2034, with a monthly rent of $11,666. The extensive equipment includes a walk-in cooler/freezer combo, twenty-four beer taps, a 1300-gallon smoker, a hood system, multiple prep tables, ovens, and a variety of other essential restaurant equipment. The sale includes 48 bar chairs, 35 picnic tables, a fire pit, and nine high-top tables. The seller is motivated to pursue a new career. The restaurant's location in Sherrills Ford, near Lake Norman, provides access to a strong customer base and significant growth potential. This is a rare opportunity to acquire a fully operational restaurant with substantial existing infrastructure and a long-term lease. The sale is an asset sale, and seller financing is not available. While the address is confidential, the property is located in Catawba County, NC, zip code 28673. The business is not a franchise. The asking price includes the real estate. Detailed equipment inventory is available upon request. This is a truly unique opportunity for an experienced restaurateur or investor seeking a profitable venture in a desirable location.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 14,000 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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