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    FOR SALE
    Turn key restaurants

    3459 Us 1 Hwy, Franklinton, NC 27525

    3,188 SF 1 ac lot Built 1965
    Entity Owned 4-yr Hold Free & Clear
    Property ID
    US53-1690944
    Property summary
    AI-generated overview

    This exceptional retail property, located at 3459 US Highway 1 in Franklinton, NC, presents a unique investment opportunity. Built in 1965 and significantly remodeled in 1980 and 1990, the 2,288 square foot building boasts excellent visibility from US-1 and Highway 56, benefiting from an estimated 22,000 vehicles per day (VPD) on US-1 and 9,500 VPD on Highway 56. The property features 155 feet of road frontage, ensuring high exposure to potential customers. A built-in and covered drive-thru adds significant convenience, complemented by a prominent pole sign for enhanced branding. Practical features include a dumpster enclosure, a fully equipped interior, a walk-in cooler, and a walk-in freezer. Recent improvements include new curb and asphalt paving. Situated within city limits, this property offers the added advantage of an available ABC permit. The one-acre lot provides ample space for operations and potential expansion. This turnkey operation is ready for immediate occupancy.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1965
    Total area 3,188 SF
    Lot 1 ac (43,560 SF)
    Zoning code C-3H
    APN 7636
    UPID US53-1690944
    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
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
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    Owner & transaction history
    Mjc Properties LLC · 4 yrs held
    Mjc Properties LLC
    since 2021
    1 recorded transaction
    2021
    Zoning & alternative use
    C-3H · Franklinton, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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