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    5631 Nc 41

    Wallace, NC 28466
    • $1,600,000
    • STATUS: Active
    • ON SITE: 187 days
    • MLS #: 100262539
    UPDATED: 22 min ago
    $1,600,000
    • 0
      BEDS
    • 2.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,800
      SQFT
    • $421
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    2006
    County:
    Area:

    School Ratings & Info

    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!

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    © 2021 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data last updated 2021-09-26T07:56:04.507.
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    5631 Nc 41 Wallace, NC 28466

    • Price: $1,600,000
    • Status: Active
    • Updated: 22 min ago
    • MLS #: 100262539
    0
    Beds
    0
    Baths
    0
    ½ Baths
    2.15
    Acres
    3,800
    SQFT
    $421
    $/SQFT
    2006
    Built
    Neighborhood:
    Not In Subdivision
    County:
    Duplin
    Area:
    Wallace
    Property 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!
    Exterior Features

    Exterior Finish Wood Siding Foundation Slab Location Type Mainland Lot Dimensions 200-501-203-440 Number Of Parking Spaces 58 Parking Driveway On SitePaved Road Type Frontage 2 - 3 LanesMaintainedPavedPublic (City/Cty/St)See Remarks Roof Metal

    Interior Features

    Cooling System Central Flooring Concrete Heating System Electric Water Heater Electric

    Property Features

    Auction No City Limits Yes Cobra Zone No Commercial Features Ada CompliantRefrig StorageStorage InsideStorage OutsideWalk-In Cooler Commercial Sub Type Food Service Electric Provider Four County Electric Federal Flood Ins Avlbl Yes Fuel Tank Propane Buried Fuel Tank Ownership Owned Hoa YN No Interstate Less Than 5 Miles New Construction No Possession At Closing Property Taxes 9806.10 Sale Lease Includes BuildingsEquipmentFixturesFurnitureInventoryLandSee Remarks Sale Or Lease Sale Secondary Subdivision N/A Sewer Provider Wallace Water Company State Highway Less Than 5 Miles Stipulation Of Sale None Tax Year 2018 Terms 1031 ExchangeCashConventionalSba Water Provider Town Of Wallace Water Sewer Municipal SewerMunicipal Water Zoning Commercial



    Listing information © 2021 NCRMLS
    Listing provided courtesy of Michael Odham of Intracoastal Realty Corp..


    © 2021 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data last updated 2021-09-26T07:56:04.507.
     
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