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Property profile & analytics

222 Main St Elkin, NC 28621-3492

  • Retail space
  • 27,774 SF
  • 1.05 lot acres
OFF-MARKET
Value Estimations
$1,835,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US53-0011011
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Coley Hall at The Liberty / Wedding Service
  • Angry Troll Brewing / Production Facility / Brewery & Distillery
  • Walter & Ringeman / Dental Office
  • The Liberty Catering Company / Take-out & Catering / Catering Service
  • Biggerstaff Teresa G DDS / Dental Office

Property Details for 222 Main St

Year built
1915
Lot size
1.05 lot acres
Property size
27,774 SF
Zone code
B1
Property type
Retail space
APN
4951-14-42-8977
APU
495114428977

Description

This exceptional investment opportunity presents a historic, two-story restaurant and brewery located at 222 E. Main St., Elkin, NC, 28621. The property boasts a substantial 30,000 square feet of space situated on a 1.05-acre lot. Originally built in 1917 and extensively renovated in 2012, the building is in excellent condition and ready for immediate operation. The asking price is $2,500,000, translating to a price per square foot of $83.33. This turnkey operation currently houses a single tenant operating a successful restaurant and brewery, making it an ideal acquisition for an event hall operator or investor seeking a well-established business. The property's prime location in Elkin, Surry County, North Carolina, offers significant potential for growth and profitability. The building's unique history and substantial size provide ample space for various uses, including expansion of the existing restaurant and brewery or the addition of event space. This is a rare opportunity to acquire a well-maintained, historically significant commercial property in a desirable location with a proven track record of success. The property's size, location, and existing tenant make it a compelling investment prospect with significant upside potential. Detailed financial information is available upon request.


Value Estimations

based on Realmo’s proprietary methodology
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $1,891,000
    Market price range: $1.31M - $3.60M
    AI Estimate
    $1,780,000
    Market price range: $1.08M - $3.60M
  • Alternative Use

    Use
    Estimation
    RETAIL STORES
    $2,575,000
    Current use
    COMMERCIAL (GENERAL)
    $2,295,000
    Change: -11% Conversion: Easy
    AUTO REPAIR, GARAGE
    $2,115,000
    Change: -18% Conversion: Difficult

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Elkin
County
Surry
State
North Carolina
Longitude
-80.8486
Latitude
36.2445
CBSA code
34340
CBSA name
MOUNT AIRY, NC MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$6,833
$79,580
$928,200
$1,007,780
-
$79,580
$928,200
$1,007,780
More about this property
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