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108 S Pine St

4,200 SF 100% Leased Retail Building Princeton, NC 27569 $948,019 CAD ($226 CAD/SF)

Investment Highlights

  • Sound system and security cameras installed throughout the building.
  • Charming Bakery for Sale!

Executive Summary

Step into a turnkey opportunity nestled in the heart of the charming & expanding town of Princeton, NC, Johnston County ~ This expansive 4,000+ sqft space has been fully remodeled from top to bottom in 2021, encompassing both interior & exterior updates to offer modern amenities while maintaining its cozy, inviting atmosphere ~ Store Lobby Provides a welcoming entryway for your customers ~ Kitchen is Fully equipped for high-volume baking & cooking! ~ Equipment includes: Commercial Rolling Gas oven to accommodate cooking 600 cupcakes at once, Walk-in Cooler, 3 additional Stoves w/Ovens, Microwave Vents, Three Bay Sink, Hand Washing Sink, Commercial Dishwasher ~ Additional equipment also available for sale,making this a ready-to-operate business from day one.~ Restaurant & Sitting Area is Perfect for dine-in, can accommodate up to 65 customers ~ Laundry Room is Convenient & practical for daily operations ~ 2 Separate Offices Ideal for administrative tasks & private meetings ~ Storefront Rooms, Versatile spaces for retail display or additional seating ~ Open Space Area with Storage Building ~ ,Enjoy a small private, fenced-in area at the back of building ~ Recent Renovations (2021) New Roof, Electrical System, HVAC System & Duct work, Plumbing, Paint, Windows-coated with 99% UV Protectant, FRP (Fiberglass reinforced plastic is installed throughout kitchen area), Hot Water Heater, Fresh Flooring, Fly Fan installed in back of kitchen exit area. Upstairs features some retail space that is currently being used as a Children's Clothing Boutique with access to an additional Full Kitchen as well ~ Make meetings and entertaining easy with a Sound System: Installed throughout the entire building to provide ambient music that can be run from your phone & includes microphones ~ 11 video cameras installed to provide direct access to property surveillance at all times ~ Additional equipment also available for sale, making this a ready-to-operate business from day one. This beautifully updated business is perfect for anyone looking to start or expand their culinary business in a friendly, community-focused town. This property offers significant potential for business growth & success. Don't miss out on this rare opportunity to own a piece of small-town charm with all the modern conveniences. This is a property you truly have to see to appreciate the value it has and the potential for your future business. Follow link for Brownstone project information:https://www.myprincetonnc.com/index.asp?SEC=B25D59BE-0BBF-4773-8AF3-316CE5BFE085. and Phase I information / Study

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
4,200 SF
Building Class
C
Year Built
1940
Price
$948,019 CAD
Price Per SF
$226 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.08
Land Acres
0.09 AC
Zoning
C-2 - Commercial
Frontage
23 ft on Pine St

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
04004003
Land Assessment
$9,827 CAD
Improvements Assessment
$425,127 CAD
Total Assessment
$434,954 CAD
  • Listing ID: 32060073

  • Date on Market: 2024-06-07

  • Last Updated:

  • Address: 108 S Pine St, Princeton, NC 27569

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