Restaurant - Clinton, NC

Retail-Commercial for Sale
Catylist Listing ID: 30047634
Property Subtypes: Free-Standing Building, Restaurant, Tavern/Bar/Nightclub, Other
Building Size (RSF): 4,000 SF
Sale Price: $595,000
Unit Price: $148.75 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Usable Size (USF): 4,000 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/19/2019

Overview / Comments

4,000 SF restaurant built in 2005 on a 100'x500' lot with road frontage on Sunset Avenue (Hwy 24) in Clinton, NC. Property has a drive thru window, 44 parking spaces, and seating capacity for 75 patrons. Kitchen equipment can be purchased at an additional cost. Property is zoned Highway Commercial and building lends itself for simple conversion to office, retail, or other uses. 2012 Average Annual Daily Traffic count of 16,000, provided by NCDOT. Current restaurant is still open so please do not disturb business. Contact listing broker for additional information.

Located at 1522 Sunset Ave, Clinton, NC. Across from Aaron's furniture. Adjacent to National Finance Co.

Additional Details

Nearest MSA: Fayetteville
County: Sampson
Tax ID/APN: 12018429602
Retail Clientele: General, Family, Business, Traveler
Property Visibility: Excellent
Largest Nearby Street: Sunset Avenue
Feet of Frontage: 100
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 4,000 SF
Property Condition: Excellent
Year Built: 2005
Year Renovated: 2005
Roof Type: Gable
Construction/Siding: Brick
Total Parking Spaces: 45
Parking Type: Surface
Sprinklers: None
Heat Source: Central
Air Conditioning: Engineered System
Lot Frontage: 100
Lot Depth: 470
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 8,343 18,763
Median Age: 42.01 40.02
Households: 3,429 7,208
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