Property profile

130 Montgomery St Henderson, NC 27536

OFF-MARKET
Turn key restaurants
Property ID
US53-4579549
7,767 SF 0.11 ac lot Built 1888
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Henderson, NC commercial property presents a unique investment opportunity. Located at 130 W Montgomery Street, Unit 130, this 7,767 square foot retail space is a fully equipped restaurant currently available for sale or lease. The asking price for the entire property is $529,900. The restaurant itself is offered at a monthly lease rate of $3,000. A significant advantage is the inclusion of a one-bedroom apartment situated on the property, currently rented on a month-to-month basis. This provides an additional income stream and potential for increased profitability. The property sits on a 0.11-acre lot, offering convenient access and visibility. The restaurant's existing equipment and setup represent a significant cost savings for a prospective buyer or lessee. This turnkey operation is ideal for an established restaurant owner looking to expand or a new entrepreneur seeking a ready-made business. The combination of a thriving restaurant space and a separately rentable apartment makes this a versatile and attractive investment, offering both immediate income and long-term growth potential. Serious inquiries are encouraged to explore this exceptional opportunity further. Contact the listing agent for further details regarding the apartment's lease rate and to schedule a viewing.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1888
Total area 7,767 SF
Lot 0.11 ac (4,792 SF)
APN 0004 03001
UPID US53-4579549

Cap rate & NOI

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

Location

130 Montgomery St Henderson, NC 27536-4231
Henderson metro Census 960500 HENDERSON, NC MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2016
2 recorded transactions
2016
Price N/A
2016
$150,000

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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