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    FOR SALE
    Bars & Pubs

    1383/1381 N Center St, Hickory, NC 28601

    3,833 SF Built 2006
    Property ID
    US53-Q000681
    1383/1381 N Center St, Hickory, NC 28601 For Sale 1 / 33
    $875,000 3,833 SF
    1383/1381 N Center St, Hickory, NC 28601
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    Property summary
    AI-generated overview

    Great Opportunity for this Corner location in Shops at Viewmont Square. 3800 sf in a popular, proven area. Current set up is a restaurant/bar space. Could be used as office/business or medical/attorney offices as some of the neighbors. With the current location set up, a full service or fast service restaurant and self-sufficient bar, 2400 sf for restaurant and 1433 sf for bar. 2 buildings connected through the kitchen allows combined use or independent operation, both have front and rear entrances. A lot of equipment remains, XL hood, 2 walk-in coolers, draft beer system with cooling, cleaning station, office area, 4 bathrooms and more. There is more then enough indoor seating and a bonus of the ever popular outdoor patio. You chose whether to operate separately or have these businesses compliment each other. The parcels could be sold separately. Lots of possibilities.

    Property profile
    Verified
    Property type Bars & Pubs
    Year built 2006
    Total area 3,833 SF
    UPID US53-Q000681
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
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