116 E. Main Street   |  116 E. Main Street   |   3,613 sf

  • TO LEARN MORE ABOUT THIS PROPERTY, CONTACT:

    R. Tim Lichtenstein, CCIM at Tim@ltpcommercial.com

    ±3,613 SF stand-alone restaurant located on 0.67 acres, zoned C-2 restaurant in the central business district of Thomasville, NC. Contains 27 parking spaces, with seating capacity for 99 customers. The property is served by public water, sewer, and natural gas. The restaurant also has an illuminated pylon sign.

    Originally built in 1988, the restaurant was fully remodeled in 2013 to include tile flooring, an upscale bar, a fireplace, improved entrance, synthetic slate roofing, an outside seating area with a pergola, and exterior camera system. Currently leased to Los Agaves Mexican Restaurant, the tenant is paying $3,500/ month, Modified Gross with two years remaining on the lease. The landlord pays for taxes and insurance estimated at $6,000 annually.

    Address:116 E. Main Street
    City:Thomasville
    Zip:27360
    Avail sf ± 3,613
    Price$460,000
    Price/sf$127.31
  • Aerial Map
    Aerial Photo
  • PROPERTY DETAILS

    Property Type Retail
    Avail sf ± 3,613
    Building sf ± 3,613
    Year Built ±1988, Renovated in 2013
    Restrooms ±2
    Acres ±0.67
    Parking27 Spaces
    SprinkleredYes

    UTILITIES

    ElectricalYes
    WaterYes
    SewerYes
    AirYes
    HeatYes
    GasYes

    TAX INFORMATION

    ZoningC2
    County:Davidson , NC
    Tax PIN6787-01-08-4782

    PRICING & TERMS

    Price$460,000
    Price/sf$127.31
    Terms2 Years on the lease remains ($3,000 per month).
    CommentsCurrently leased to Los Agaves Mexican Restaurant, the tenant is paying $3,500/month, Modified Gross with two years remaining on the lease. The landlord pays for taxes and insurance estimated at $6,000 annually.