Property profile

211 Marina Ln New London, NC 28127

OFF-MARKET
Retail properties & Spaces
5,000 SF
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Property summary

AI-generated overview

This exceptional opportunity presents a fully operational, 5,000-square-foot bar and grill for sale in New London, North Carolina. Located at 211 Marina Ln, this turnkey establishment boasts all furniture, fixtures, and equipment (FF&E) in excellent condition. The attractive monthly rent of $2,000 includes water and a one-bedroom, one-bathroom apartment located upstairs. This unit provides convenient housing for an owner-operator or staff. The current lease is favorable and qualified buyers will secure a new lease with identical terms. Seller financing is available for qualified buyers with a substantial down payment. The landlord and any necessary approval processes are straightforward. Showings are available Thursday through Sunday. This is a rare chance to acquire a well-established business with low overhead and significant potential for growth in a desirable lakeside location. The property is situated in Montgomery County, North Carolina, zip code 28127.

Property profile

Verified
Property type Retail properties & Spaces
Total area 5,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

211 Marina Ln New London, NC 28127
New London metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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