$1,600,000

5631 Nc 41

Wallace NC, 28466

Description

PRIME LOCATION & GREAT INVESTMENT OPPORTUNITY! Own a primepiece of real estate will a fully functioning restaurant in the heart ofWallace's commercial district on NC HWY 41 only 1.5 miles from I40.Property is a 2.15 acre tract with a 3800 SQFT building completed in2006. The main restaurant sits on 1.56 acres with a 1/2 acreundeveloped parcel behind the restaurant with an easement to theadjoining Wal-Mart parking lot. Close to the sought after privatecommunity of River Landing. In addition to the Walmart Supercenter,the property is surrounded by new development including nationalchain fast food restaurants and national chain retail outlets. Withplenty of paved parking, currently 58 spots, and a fully functioningrestaurant equipment package, this building is ready for the rightoperator or investor. The expansive inside, it does not have to be arestaurant/bar, but could be modified for almost any commercialbusiness with lots of opportunity for outdoor seating. Currently in thebuilding are (2) hood systems, (1) large walk in cooler/freezer, cook lineequipment, ice machine, and buffet bars. The property has water andsewer, and comes with in ground grease traps and a 1000 gallon buriedpropane tank and large storage building in the rear. In addition, thereis also a new building that has been set up for an ice cream shop that isready to go and is completely plumbed and wired with ADA accessramp. Just a couple of minutes from I-40, you can be in Wilmingtonwithin 35-40 minutes and in Raleigh in just over an hour. Owners haveoriginal building plans from 2006 with all the information you need.Don't let this great opportunity pass you by! Call Today!

Details

MLS#100262539
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year2006
Days On Site25

Features

SQ Feet3,800
Story(s)1
ZoningCommercial
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Area Information
StateNC
CountyDuplin
CityWallace
Zip Code28466
AreaDuplin
Listing VS Median (in 28466)
Price:
$1,600,000
low | high
Med:
$39,000
100% of Average
SqFt:
3,800
low | high
Med:
0
100% of Average
$ / SqFt:
$421
low | high
Med:
$0
100% of Average
On Site:
25
low | high
Med:
168.5
14.836795252226% of Average
Sourced by Back At You
Listing Updated: April 15, 2021 8:57:05 PM PDT
Michael Odham LogoMLS Number: 100262539
Listing Provided By:
Michael Odham  of  Intracoastal Realty Corp.
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