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    OFF-MARKET
    Turn key restaurants

    200 Matthews St, Matthews, NC 28105-4863

    2,396 SF 0.59 ac lot Built 1978
    Individually Owned Free & Clear
    Property ID
    US53-1842542
    Property summary
    AI-generated overview

    This exceptional 1.61-acre commercial property, located at 200 & 208 E Matthews Street in Matthews, NC, presents a remarkable investment opportunity. Priced at $4,995,000, this prime location offers unparalleled visibility and accessibility within a thriving commercial district. The property's versatility makes it suitable for a wide range of businesses, including but not limited to grocery stores and restaurants. Its strategic placement ensures a consistent flow of foot traffic and convenient customer access. Ample parking is available on-site, adding to the property's overall appeal and functionality. The existing building on the property is conveyed at no additional value, providing a blank canvas for development or renovation to suit a buyer's specific needs. This is a rare chance to acquire a high-impact commercial property in a dynamic and rapidly growing area of Matthews, NC. The property's size and location offer significant potential for long-term growth and profitability, making it an ideal investment for discerning buyers seeking a strong foothold in a desirable market. The property's prime location and ample parking make it an attractive option for a variety of commercial ventures. This is a unique opportunity to establish or expand a business in a highly visible and accessible location. Don't miss this chance to secure a valuable asset in a thriving commercial area.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1978
    Total area 2,396 SF
    Lot 0.59 ac (25,880 SF)
    Zoning code HUC
    APN 21501226
    UPID US53-1842542
    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
    Current use
    Occupant on record · Public records
    • Rose M. Leday, PhD Physician
    • East Coast Acquisition Telecommunications Service
    • Rose Marie Leday Physician Medical Clinic
    • Umami Sushi & Grill Restaurant
    • Howell James D Law Firm
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    JAMES H ROWAN
    JAMES H ROWAN
    Zoning & alternative use
    HUC · Matthews, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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