1229 Main St, Laurinburg, NC 28352-5029
- Turn key restaurants
- 6,775 SF
- 0.61 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 1229 Main St
- Year built
- 1981
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.61 lot acres
- Zone code
- GB
- Property type
- Turn key restaurants
- APN
- 010065 01018
- APU
- 1006501018
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| May 7, 2025 | $478,000 | Thomas Wiley Parker III | Irvin John Cartrette SR. | Warranty Deed | — |
| Sep 28, 2018 | — | Irvin John Cartrette | — | Deed · related | $410k · First Bank |
| Sep 3, 2015 | $630,000 | Irvin John Cartrette SR. | Spazzi S LLC | Deed | $509k · First Capital Bank |
| Jul 21, 2005 | $350,000 | Spazzis LLC | Ge Capital Franchise Finance Corpor | Special Warranty Deed | — |
Description
This exceptional investment opportunity presents a fully operational restaurant located at 1229 S Main Street S, Laurinburg, NC, situated on a substantial 26,572-acre lot. The Main Table restaurant is ready for immediate operation, complete with all necessary kitchen equipment. Beyond the restaurant's established business, this property boasts two additional, significant monthly income streams. A cash points ATM provider and an ice company contribute to a diversified revenue model, enhancing the overall return on investment. While the restaurant's HVAC system requires some repairs or replacement, this factor is reflected in the negotiable asking price of $750,000. This presents a unique chance to acquire a turnkey business with built-in supplemental income, offering immediate cash flow and significant growth potential. The property's substantial acreage also offers considerable expansion possibilities or future development options. Serious inquiries are encouraged to explore this lucrative opportunity further. The current restaurant name is Main Table. Financial details and operational specifics are available upon request. Don't miss this chance to own a profitable and diverse commercial property in a thriving location.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Laurinburg
- County
- Scotland
- State
- North Carolina
- Longitude
- -79.4705
- Latitude
- 34.7605
- CBSA code
- 29900
- CBSA name
- LAURINBURG, NC MICROPOLITAN STATISTICAL AREA
