Property profile

352 Martin Luther King Jr Blvd Clinton, NC 28328

OFF-MARKET
Turn key restaurants
Property ID
US53-4977871
0.3 ac lot
Individually Owned 1-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This 1,000 square foot commercial property located at 352 Martin Luther King Jr Boulevard Unit 352, Clinton, NC, presents a unique investment opportunity. Previously a thriving breakfast cafe, this corner lot location at the intersection of MLK Jr Blvd and Southeast Rd boasts high traffic visibility and significant redevelopment potential. The 0.3-acre lot offers ample space for expansion or outdoor seating. All existing restaurant equipment and booths are included in the sale, providing a head start for a new owner. The building itself requires restoration, but the existing infrastructure offers a solid foundation. Note that the two restrooms are situated externally to the main building structure. A significant advantage for prospective buyers is that utilities will be activated for inspection purposes, allowing for a thorough assessment of the property's condition. Priced at $125,000, this property is ideal for an entrepreneur seeking a high-traffic location with substantial upside. The previous owners never occupied the building, providing a clean slate for the next venture. This is a chance to capitalize on a prime location and create a successful business.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Lot 0.3 ac (13,098 SF)
APN 12047776001
UPID US53-4977871

Cap rate & NOI

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

Location

352 Martin Luther King Jr Blvd Clinton, NC 28328-4226
Clinton metro Census 970702
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$250k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

since 2025
1 recorded transaction
2025
$112,500

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 352 Martin Luther King Jr Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message