201 Broad St, Saint Pauls, NC 28384-1533

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.