Log In/Sign Up
Your email has been sent.
Former Belk Building 101 E Main St 12,855 SF Retail Building Elkin, NC 28621 $1,172,098 CAD ($91.18 CAD/SF)
Investment Highlights
- Corner location
- Refurbished in 2019
- Open floorplan
Executive Summary
The opportunity to own a landmark hospitality property in Historic Downtown Elkin, at the center of North Carolina's Yadkin Valley wine and outdoor recreation region. This distinctive 1.5-story commercial building was extensively refurbished in 2019 as The Wisdom Table and features an open floor plan with additional basement space. Improvements include a replaced roof (2014), sprinkler system, electric heat pumps, updated electrical and plumbing, new light fixtures, and a gas furnace.
Previously operated as a restaurant and retail destination, the property is well positioned for a restaurant, tasting room, event or hospitality venue, retail concept, or a combination of complementary uses. Its flexible layout also provides potential for office, civic, cultural, mixed-use, or multi-family redevelopment, subject to applicable approvals.
Located in the heart of vibrant Historic Downtown Elkin, the property is surrounded by the attractions that make the area a regional destination, including wineries, hiking and biking trails, water recreation, and nearby parks, with convenient access to I-77 and the greater Yadkin Valley AVA.
A lease option is also available for all or a portion of the property, with lease terms based on use, length of lease, and up-fit requirements.
Previously operated as a restaurant and retail destination, the property is well positioned for a restaurant, tasting room, event or hospitality venue, retail concept, or a combination of complementary uses. Its flexible layout also provides potential for office, civic, cultural, mixed-use, or multi-family redevelopment, subject to applicable approvals.
Located in the heart of vibrant Historic Downtown Elkin, the property is surrounded by the attractions that make the area a regional destination, including wineries, hiking and biking trails, water recreation, and nearby parks, with convenient access to I-77 and the greater Yadkin Valley AVA.
A lease option is also available for all or a portion of the property, with lease terms based on use, length of lease, and up-fit requirements.
Data Room Click Here to Access
- Offering Memorandum
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
$1,172,098 CAD
Price Per SF
$91.18 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
Fairly walkable
40/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 4951-14-42-1895 | Improvements Assessment | $659,593 CAD |
| Land Assessment | $45,694 CAD | Total Assessment | $705,288 CAD |
Property Taxes
Parcel Number
4951-14-42-1895
Land Assessment
$45,694 CAD
Improvements Assessment
$659,593 CAD
Total Assessment
$705,288 CAD
1 of 29
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Former Belk Building | 101 E Main St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.