1401/1407 E Main Street Albemarle, NC $ 1,200,000
1401/1407 E Main Street
$ 1,200,000
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1401/1407 E Main Street

Albemarle, NC, 28001
$ 1,200,000
Baths4.0 Sq 6,256

Monthly Estimate*

$ 7,976

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Studio

Commercial Property for sale in Albemarle, NC

for $1,200,000 with 4 full baths. This 6,256 square foot building was built in 1946 on a lot size of 0.556.

GREAT OPPORTUNITY! Established Restaurant and Bar in a fantastic location with 198' of road front on E Main Street in Albemarle, NC. Just up the street from Pfeiffer University and in the foothills of the Uwharrie Mountains this popular restaurant has a great opportunity for growth for the right entrepreneur. With a fully equipped business, seating inside for 160 and 35 on the patio, clientele, employees, inventory and the owner willing to remain on the premises for 2 weeks, the new owner will be income producing from day one. Updates include plumbing, gas lines, tankless water heater, new flooring in the kitchen and dining area, interior fresh paint, new appliances to include but not limited to the cooler, fryer, flat top grill, grill, 4 tap kegerator, and picnic tables on the patio. The building boast 140" of building front, 198' of Main St. road front, and parking for 50 vehicles. One end of the building has a separate space that can be leased brick and mortar office or retail.

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Commercial Active

Price

$ 1,200,000

Bedrooms

Studio

Full Bath

4

Property Type

Commercial

Taxes

$ 0

Style

Food/Beverage

Lot Size

0.556

Year Built

1946

Town/City

Albemarle

County/Region

Stanly

MLS | Web ID

4126719

Features
General
Sewer Public Sewer
Heating Central Electric Natural Gas
Cooling Central Air Electric Total
Utilities Cable Connected Electricity Connected Gas
Roof Metal
Zoning GHBD
Construction Materials Wood
Year Built 1946
Property SubType Food/Beverage
Waterfront Features None
Accessibility Two or More Access Exits Handicap Parking Zero-Grade Entry
County Stanly
New Construction N
Property Type Commercial Sale
Possible Use Commercial
City Albemarle
Total Units 2
Street Name Main
Standard Status Active
Construction Type Site Built
Restrictions Signage Use
Tax Assessed Value 266557
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Exterior
Parking Features Parking Lot
Lot Features Level Paved
Water Source City
Total Parking 50
Inclusions Building Business Equipment Fixtures Inventory Land
Lot Size Area 0.556
Foundation Details Slab
Number of Buildings 1
Building Area Total 6256
Road Surface Type Concrete
Other Parking Parking lot is split in the center between the restaurant and the building next door.
Lot Size Units Acres
Road Frontage Type City Street
Road Responsibility Publicly Maintained Road
Road Frontage 198
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Interior
Street Suffix Street
Total Baths 4
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* Excluded Features
List By
Glen Alford Realty Llc

Broker

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$7,976
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Monthly Principal & Interest
$7,976
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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
294628 Elementary School
294724 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/9/2024$1,200,000 Listed Price

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1401/1407 E Main Street, Albemarle, NC, 28001 is a Commercial Property for sale at $1,200,000 with 6,256 sqft and a lot size of 0.556. 1401/1407 E Main Street is a studio with 4.0 baths and was built in 1946. The property's zip code is 28001 which is in Albemarle, NC