20 Main St Franklinton, NC 27525-1357
This exceptional turn-key restaurant presents a lucrative investment opportunity in the revitalized downtown area of Franklinton, North Carolina. Located on South Main Street, this property boasts high visibility and is conveniently situated near ample parking, ensuring easy access for customers. The sale includes all existing equipment, minimizing the start-up costs for a new owner. The restaurant benefits from an already established customer base, providing a solid foundation for continued success. A recently added patio area expands seating capacity and enhances the dining experience, catering to a wider range of customer preferences. The property sits on a 0.08-acre lot, providing sufficient space for outdoor operations and potential future expansion. Priced at $1,100,000, this is a rare chance to acquire a thriving business in a rapidly developing downtown location. The property's prime location and existing infrastructure make it an ideal acquisition for an experienced restaurateur or a savvy investor seeking a profitable venture in a vibrant community. This is a truly exceptional opportunity to own a well-established and successful restaurant with significant growth potential. The turnkey nature of this offering minimizes the time and resources required to begin operations, allowing for a swift and seamless transition to new ownership. Don't miss this chance to own a piece of Franklinton's revitalized downtown.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
C-2D · Franklinton, NCFranklinton. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.