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    Norman Cafe for Sale - Growing High-End Area! Lk Cornelius, NC 28031
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    Norman Cafe for Sale - Growing High-End Area! Lk, Cornelius, NC 28031

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    • Retail properties & Spaces
    • 2,094 SF
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for Norman Cafe for Sale - Growing High-End Area! Lk

    Property type
    Retail properties & Spaces
    Property subtype
    Restaurants

    Description

    This thriving Cornelius, North Carolina cafe presents a unique investment opportunity. Priced at $110,000, this 2,094 square foot restaurant is situated in a high-growth, high-end area of Mecklenburg County (zip code 28031). The current lease has five years remaining, expiring November 29, 2024, with a monthly rent of $4,236. The cafe is fully equipped and ready for immediate operation, including a comprehensive inventory of commercial kitchen equipment such as freezers, prep tables, mixers, warmers, a POS system, ovens, an espresso machine, and more. The seating arrangement includes 14 chairs, a couch, 18 barstools, and several tables. The business currently employs five people. The sale is an asset sale and does not include seller financing. The cafe benefits from a high-traffic location, attracting significant foot traffic and offering excellent potential for catering and third-party delivery services. Cornelius's robust economy and growing population, coupled with its proximity to Lake Norman, create a strong market for restaurants. This turnkey operation allows a new owner to focus immediately on building their business and serving the community. The asking price does not include inventory. The reason for the sale is not specified.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

    • Map
    • Local Demand
    City
    Cornelius
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.8876
    Latitude
    35.4725
    More about this property
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