Property profile

127 Williamsboro St Oxford, NC 27565

OFF-MARKET
Turn key restaurants
Property ID
US53-2978407
3,008 SF 0.03 ac lot Built 1901
Individually Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 2,539 square foot commercial building, located at 127 Williamsboro Street in the heart of historic Oxford, North Carolina, presents a remarkable investment opportunity. Currently operating as Milano's Restaurant, this two-level property boasts 1,880 square feet on the main level, featuring a fully equipped commercial kitchen. The upper level adds another 659 square feet, complete with a bar and open area perfect for private events or additional seating. The sale includes most of the existing restaurant equipment and furnishings, such as a walk-in cooler, stand-up cooler, commercial stove and hood, kitchen prep islands, tables, chairs, booths, and dishes/silverware (pizza oven and new freezer excluded). Two handicap-accessible bathrooms are conveniently located within the building. The property benefits from ample parking, with both street parking and a rear lot providing convenient access for deliveries and customers. Its prime location in downtown Oxford ensures high visibility and foot traffic, placing it within easy walking distance of other downtown businesses and attractions. This versatile property is ideal for a turnkey restaurant operation or can be easily adapted to suit a variety of other commercial uses, including office space or retail. The 0.06-acre lot provides sufficient space for operations and parking. This is a rare chance to acquire a well-established commercial property in a thriving historic district.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1901
Total area 3,008 SF
Lot 0.03 ac (1,152 SF)
APN 192313123813
UPID US53-2978407

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant

Location

127 Williamsboro St Oxford, NC 27565-3328
Oxford metro Census 970200 DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$190k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$165k

Owner & transaction history

since 2023
Last sale
$170,000
2 recorded transactions
2023
$170,000
2023
Price N/A

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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