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Former Belk Building 101 E Main St 12,855 SF Retail Building Elkin, NC 28621 $1,326,123 CAD ($103.16 CAD/SF)



INVESTMENT HIGHLIGHTS
- Corner location
- Refurbished in 2019
- Open floorplan
EXECUTIVE SUMMARY
A prime commercial property in Historic Downtown Elkin. This 1.5-story masonry building, refurbished in 2019 as The Wisdom Table, boasts an open floorplan with a basement and two mezzanine areas. Total area of approx 12,854 SF including 4,520 SF of lower level basement. Featuring a replaced roof (2014), sprinkler system, electric heat pumps, new electrical, new plumbing, new light fixtures, and a natural gas furnace. The property has 115 feet of frontage on N Bridge St (US Hwy 21 Business) and over 50 feet on E Main St. Previously a restaurant and retail store, this building offers unlimited potential: re-establish a restaurant, create retail space, develop mixed-use office/retail, or explore civic, cultural, or multi-family options. Located in the vibrant Town of Elkin, near hiking, biking, and water trails, with easy access to I-77 and the heart of the Yadkin Valley AVA. LEASE OPTION: Inquire about a lease option available for all or a portion of the space. Lease rate to be determined based on use, term length, and upfit requirements — ideal for restaurant, retail, tasting room, office, or mixed-use concepts. Public parking is conveniently located less than a block away.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
12,855 SF
Building Class
C
Year Built/Renovated
1937/2019
Price
$1,326,123 CAD
Price Per SF
$103.16 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
2.27
Lot Size
0.13 AC
Zoning
DMX - Downtown Mixed Use
AMENITIES
- Corner Lot
- Mezzanine
- Restaurant
- Security System
- Air Conditioning
- Balcony
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 4951-14-42-1895 | Improvements Assessment | $669,411 CAD |
| Land Assessment | $46,375 CAD | Total Assessment | $715,785 CAD |
PROPERTY TAXES
Parcel Number
4951-14-42-1895
Land Assessment
$46,375 CAD
Improvements Assessment
$669,411 CAD
Total Assessment
$715,785 CAD
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Former Belk Building | 101 E Main St
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