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1128 N Main St

3,020 SF 100% Leased Retail Building Oakboro, NC 28129 £309,068 (£102/SF)

Investment Highlights

  • Heavy traffic
  • Lots of Growth (Charlotte Pipe and Foundrys)
  • Low Competition (Food Industry)

Executive Summary

Located on bustling North Main Street in Oakboro, this prime property offers high visibility and easy accessibility, ideal for a restaurant owner/operator or savvy investor. The retail center spans over 3,000 square feet, featuring flexible space that can accommodate 2-3 units, allowing for a range of retail concepts and customization options. Currently, the property is occupied by a successful restaurant and a church, making it a vibrant business location. With Charlotte Pipe and Foundry’s recent $460 million dollar investment on a massive state-of-the-art foundry in Oakboro on 700 acres, thousands of new jobs are expected in the area. Oakboro has limited dining options, presenting a unique opportunity to establish a strong foothold in a growing market. Don’t miss this chance to leverage Oakboro’s expanding economy.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,020 SF
Year Built
1960
Price
£309,068
Price Per SF
£102
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.14
Lot Size
0.49 AC
Zoning
Highway Business - Highway Business
Frontage
220 ft on N Main St

Amenities

  • Freeway Visibility
  • Restaurant
  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
6504-03-11-5637
Land Assessment
£12,112
Improvements Assessment
£32,794
Total Assessment
£44,906
  • Listing ID: 33718385

  • Date on Market: 01/11/2024

  • Last Updated:

  • Address: 1128 N Main St, Oakboro, NC 28129

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