Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET Estimated value $935,000
    Turn key restaurants

    518 Main St, Lincolnton, NC 28092-3410

    2,245 SF 0.45 ac lot Built 1977
    Entity Owned 4-yr Hold Free & Clear
    Property ID
    US53-1839987
    Property summary
    AI-generated overview

    This exceptional single-tenant retail or restaurant space, located at 518 E Main St in Lincolnton, NC, offers 2,245 square feet on a 0.45-acre lot. The property, built in 1977, is a Class B, single-story building with ample parking (33 spaces). The zoning is CBT, and the APN is 3633-04-1795. This presents a unique opportunity for a business seeking a prominent location in the Lincolnton submarket of Charlotte. The property is currently vacant and ready for immediate occupancy. Taxes are $2.20 per square foot. The property's strategic location offers high visibility and accessibility, making it ideal for a variety of retail or restaurant concepts. This is a sublease opportunity extending through March 31, 2035, providing a long-term commitment for the right tenant. The property's size and features make it a compelling option for businesses seeking a well-established presence in a thriving community. The property is situated within the Charlotte submarket, specifically the Lincolnton submarket cluster, and boasts a convenient location with easy access to major roadways and local amenities. The substantial parking available ensures ample space for customers and employees.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1977
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 2,245 SF
    Lot 0.45 ac (19,558 SF)
    Zoning code CBT
    APN 549
    UPID US53-1839987
    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
    Current use
    Occupant on record · Public records
    • Pizza Hut Take-out & Catering
    • Wing Street Restaurant Take-out & Catering
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $845k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $935k
    Owner & transaction history
    Sgm Corp · 4 yrs held
    Sgm Corp
    since 2021
    Last sale
    $1.1M
    3 recorded transactions
    2021
    $1.1M
    2020
    $589,000
    2004
    $355,000
    Zoning & alternative use
    CBT · Lincolnton, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    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 518 Main St?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    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