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- LoopNet Team
5631 S NC 41 Hwy
Wallace, NC 28466
Retail Property For Sale
PROPERTY FACTS
- Restaurant
- General Retail Storefront Retail/Office
About 5631 S NC 41 Hwy , Wallace, NC 28466
PRIME LOCATION & GREAT INVESTMENT OPPORTUNITY! Own a prime piece of real estate will a fully functioning restaurant in the heart of Wallace’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 in 2006. The main restaurant sits on 1.56 acres with a 1/2 acre undeveloped parcel behind the restaurant with an easement to the adjoining Wal-Mart parking lot. Close to the sought after private community of River Landing. In addition to the Walmart Supercenter, the property is surrounded by new development including national chain fast food restaurants and national chain retail outlets. With plenty of paved parking, currently 58 spots, and a fully functioning restaurant equipment package, this building is ready for the right operator or investor. The expansive inside, it does not have to be a restaurant/bar, but could be modified for almost any commercial business with lots of opportunity for outdoor seating. Currently in the building are (2) hood systems, (1) large walk in cooler/freezer, cook line equipment, ice machine, and buffet bars. The property has water and sewer, and comes with in ground grease traps and a 1000 gallon buried propane tank and large storage building in the rear. In addition, there is also a new building that has been set up for an ice cream shop that is ready to go and is completely plumbed and wired with ADA access ramp. Just a couple of minutes from I-40, you can be in Wilmington within 35-40 minutes and in Raleigh in just over an hour. Owners have original building plans from 2006 with all the information you need. Don't let this great opportunity pass you by! Call Today!
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PROPERTY TAXES
Parcel Number | 09-129 | Improvements Assessment | $506,150 |
Land Assessment | $900,000 | Total Assessment | $1,406,150 |
PROPERTY TAXES
Learn More About Investing in Retail Properties
Listing ID: 22541611
Date on Market: 3/22/2021
Last Updated:
Address: 5631 S NC 41 Hwy, Wallace, NC 28466
The Retail Property at 5631 S NC 41 Hwy, Wallace, NC 28466 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.