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    OFF-MARKET
    Commercial real estate

    0 Confidential, Wilmington, NC 28401

    2,337 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional Class A coffee bar, located in a prime downtown Wilmington, NC district (zip code 28401), presents a unique investment opportunity. Boasting 2,337 square feet of beautifully designed space, this popular establishment has cultivated a loyal customer base among residents, remote workers, and coffee enthusiasts. The ambiance seamlessly transitions from daytime coffee shop to a sophisticated evening cocktail lounge, creating a versatile and attractive atmosphere. The sale includes the business name/brand, trademark, recipes, furniture, fixtures, equipment, goodwill, website, social media presence, and established vendor relationships. The knowledgeable staff is willing to remain with the business, ensuring a smooth transition for the new owner. This asset purchase offers significant potential for growth and expansion, leveraging the existing strong business model and Wilmington's booming population growth—consistently ranked as a top relocation destination for the past three years. The business benefits from a well-defined competitive advantage, details of which will be disclosed under a Non-Disclosure Agreement. The lease extends until March 22, 2033. The asking price is $615,000. Financially qualified buyers must provide proof of funds via a personal financial statement. This is a turnkey operation ready for immediate success and future expansion, including franchising possibilities. The property was renovated in 2023.

    Property profile
    Verified
    Property type Commercial real estate
    Total area 2,337 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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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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