Midwood! Amazing Location! Turn Ky Restaurant For Sale In Plz Charlotte, NC 28205
This thriving restaurant, located in Charlotte's vibrant Plaza Midwood neighborhood, is available for $185,000. The 1,833 square foot space boasts a 10-foot hood system and comfortably seats 38 guests. Currently operating under a two-year lease expiring June 29, 2026, with a monthly rent of $5,000, this turnkey opportunity minimizes upfront investment. The restaurant's prime location offers exceptional visibility and foot traffic, benefiting from the area's bustling atmosphere and proximity to Uptown Charlotte. Surrounded by residential complexes, businesses, and entertainment venues, this establishment enjoys a consistent flow of potential customers. The current owners are relocating, presenting a unique chance to acquire an established business in a high-demand area. The sale does not include inventory. This is a leasehold interest, not a real estate purchase. Seller financing is not available. The restaurant currently employs two people. Charlotte's robust economy and growing population provide a strong foundation for continued success. This is an exceptional opportunity to own a restaurant in one of Charlotte's most desirable neighborhoods. The current lease is for two years. Don't miss this chance to establish your culinary vision in a thriving community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.