Entity Owned Property summary
The property is a two-story brick commercial building configured with existing kitchen facilities for restaurant and bakery use. It is located on South Main Street in Downtown Cornelius, within the Town Center (TC) zoning district, and is part of the Downtown Master Plan area. The building’s site is positioned near the Cain Center for the Arts and adjacent to a Walgreens Pharmacy, and includes on-site parking described as ample. A town note indicates that an additional back-of-property driveway placement is expected to be acceptable, provided a site plan is submitted showing the proposed driveway connection location and drive aisle to the existing business while addressing sight triangle requirements and applicable post-construction stormwater ordinance considerations.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The Town Center district is coded to encourage the redevelopment and expansion of the traditional town center. This center is intended to serve as the civic, cultural, and governmental hub of activity for the Cornelius c…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
TC · Cornelius, NCThe Town Center district is coded to encourage the redevelopment and expansion of the traditional town center. This center is intended to serve as the civic, cultural, and governmental hub of activity for the Cornelius c…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The Town Center district is coded to encourage the redevelopment and expansion of the traditional town center. This center is intended to serve as the civic, cultural, and governmental hub of activity for the Cornelius c…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for TC in Cornelius, NC.
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