Property profile

201 Broad St Saint Pauls, NC 28384

OFF-MARKET
Turn key restaurants
Property ID
US53-2694752
9,000 SF 0.1 ac lot Built 1918
Individually Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional opportunity presents a well-established restaurant in Saint Pauls, North Carolina, ideally located off I-95 Exit 33. The 9,000 square foot, three-story building, built in 1918, sits on a 0.1-acre lot and is zoned C-30 RETAIL/RESTAURANT. The current restaurant occupies the first floor (3,000 sq ft), offering a turnkey operation complete with name, recipes, furniture, fixtures, and equipment. The upper two floors (6,000 sq ft total) provide significant potential for expansion or the creation of additional income streams through renovation. Recent upgrades include a new roof with a 10-year warranty ($30,000), a new ice machine, new fryer, new AC compressors for the dining room and kitchen, a new walk-in freezer compressor, and new premium window shades in the dining room. The asking price of $349,900 includes the real estate, restaurant business, and all FF&E. The current owners are willing to provide consulting services post-closing, if desired. This is a rare chance to acquire a profitable, established business with significant upside potential. The property's APN is 38130300801. This Class B retail property offers a price per square foot of $38.88.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1918
Construction FRAME
Total area 9,000 SF
Lot 0.1 ac (4,356 SF)
APN 38130300801
UPID US53-2694752

Cap rate & NOI

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

Location

201 Broad St Saint Pauls, NC 28384-1533
Saint Pauls metro Census 960102 LUMBERTON, NC MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$235k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$235k

Owner & transaction history

since 2025
Last sale
$330,000
4 recorded transactions
2025
$330,000
2018
Price N/A
2015
Price N/A
2011
$121,500

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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