Technical
Financial
Distress signals
Property profile

309 Main St Mount Holly, NC 28120

OFF-MARKET
Turn key restaurants
Property ID
US53-1274996
5,800 SF 0.95 ac lot Built 1963
Entity Owned 7-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional Gaston County restaurant property presents a unique investment opportunity. Located at 309 N. Main St., this single-tenant building offers 5,800 square feet of space, ideally suited for a thriving restaurant operation. Constructed in 1963 and extensively renovated in 2022, the property boasts modern amenities while retaining its character. The building itself comprises a single story, encompassing a total of 5,800 square feet on a 0.95-acre lot. The restaurant space itself is approximately 3,400 square feet, providing ample room for dining, kitchen operations, and support areas. The property's location in Gaston County offers excellent visibility and accessibility, making it an attractive proposition for both established and emerging restaurant businesses. The recent renovation ensures the space is move-in ready, minimizing upfront capital expenditures for potential tenants. This turnkey solution combines the charm of a well-established location with the benefits of a modern, updated facility. The property's size and layout offer flexibility for a variety of restaurant concepts, making it a highly versatile investment. This is a rare opportunity to acquire a fully renovated, single-tenant restaurant space in a desirable Gaston County location. The 0.95-acre lot provides ample space for outdoor seating or potential expansion. Serious inquiries are encouraged.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1963
Total area 5,800 SF
Lot 0.95 ac (41,382 SF)
Zoning code GOV01
APN 123162
UPID US53-1274996

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant

Location

309 Main St Mount Holly, NC 28120-2235
Mount Holly metro Census 30105 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$175k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$185k

Owner & transaction history

since 2018
1 recorded transaction
2018
Price N/A

Zoning & alternative use

GOV01 · Mount Holly, NC

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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