This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.
This Retail Property is no longer advertised on LoopNet.com.

5631 S NC 41 Hwy
Wallace, NC 28466

Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
3,800 SF
Building Class
C
Year Built
2006
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.04
Lot Size
2.15 AC
Zoning
Commercial - Business sits on 1.56 acres. Approximately 0.6 acres cleared and undevlel0ped behind building.
Parking
58 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
200 FT on NC Hwy 41

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!

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
09-129
Land Assessment
$900,000
Improvements Assessment
$506,150
Total Assessment
$1,406,150
  • Listing ID: 22541611

  • Date on Market: 3/22/2021

  • Last Updated:

  • Address: 5631 S NC 41 Hwy, Wallace, NC 28466

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}