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    OFF-MARKET
    Commercial real estate

    0 Historic St, Wilmington, NC 28401

    1,437 SF
    Property ID
    Property summary
    AI-generated overview

    This thriving bistro, located on a historic street in Wilmington, NC's vibrant downtown district, presents a unique investment opportunity. The 1,437 square foot space, currently operating under a lease expiring November 30, 2026, boasts a charming, quaint cottage atmosphere. The business enjoys significant online presence, evidenced by over 3,400 average monthly website visits, a 4.5-star Google rating from over 382 reviews, a top-2 Yelp ranking for downtown breakfast, and a strong social media following exceeding 1,500 Instagram and 2,500 Facebook followers. The bistro specializes in chef-crafted breakfast, lunch, and popular Sunday brunches, attracting a diverse clientele. The current owners are willing to provide a limited period of support and training to ensure a smooth transition for the new owners, facilitating a seamless takeover. This turnkey operation offers a compelling chance to acquire a well-established and profitable business in a prime downtown location. The zip code is 28401. This is an exceptional opportunity for an experienced restaurateur or a savvy investor seeking a proven, successful business model in a desirable market.

    Property profile
    Verified
    Property type Commercial real estate
    Total area 1,437 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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