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115 N Mecklenburg Ave 3,250 SF 100% Leased Retail Building South Hill, VA 23970 $449,963 CAD ($138.45 CAD/SF)
INVESTMENT HIGHLIGHTS
- 3,250 SF Fully Renovated- new roof, systems, FF&E
- 50-60 person capacity, possible outdoor patio expansion
- Possible Restaurant Franchise/Brewery or Pub/Catering
- Well-located c 1950 former ABC Store
EXECUTIVE SUMMARY
There will be an Open House on Wed. 4/2 @ 10:30AM - 12:00PM ET
Restaurant/Taphouse Bldg w/FF&E
Turn this immaculate and move-in ready building into the small business of your dreams! South Hill is eager to welcome a new local restaurant, sports bar, taphouse, brew pub, café, bakery, coffee shop or other concept to this centrally located space. South Hill is an expanding hub town of Southside Virginia, within 20 minutes of the Microsoft Data Center and Buggs Island & Lake Gaston recreation areas.
Originally built as an ABC store, this brick building has been fully renovated with over $350,000 invested in upgrades and equipment. New rubber roof, 3-zone HVAC, internal Wi-Fi system, TVs, stereo system and computer equipment, 15-tap draft beer dispenser system, kitchen equip, and other furnishings. Current owner planned to open a Zero's sub franchise with evening brew pub hours. There is no drop ceiling in the rear area of the building to accommodate brewing tanks and any future buildout. Negotiate a long-term lease arrangement with the town of South Hill for outdoor space to expand capacity. Columbia Natural Gas connection is available to the building.
In addition to the real estate, the FF&E that conveys has significant value. Get in touch for the Property Information Package for complete list of assets and floorplan layout concept.
This building is in a VA Enterprise and Opportunity Zone, with grants available for both the real estate and job creation.
Restaurant/Taphouse Bldg w/FF&E
Turn this immaculate and move-in ready building into the small business of your dreams! South Hill is eager to welcome a new local restaurant, sports bar, taphouse, brew pub, café, bakery, coffee shop or other concept to this centrally located space. South Hill is an expanding hub town of Southside Virginia, within 20 minutes of the Microsoft Data Center and Buggs Island & Lake Gaston recreation areas.
Originally built as an ABC store, this brick building has been fully renovated with over $350,000 invested in upgrades and equipment. New rubber roof, 3-zone HVAC, internal Wi-Fi system, TVs, stereo system and computer equipment, 15-tap draft beer dispenser system, kitchen equip, and other furnishings. Current owner planned to open a Zero's sub franchise with evening brew pub hours. There is no drop ceiling in the rear area of the building to accommodate brewing tanks and any future buildout. Negotiate a long-term lease arrangement with the town of South Hill for outdoor space to expand capacity. Columbia Natural Gas connection is available to the building.
In addition to the real estate, the FF&E that conveys has significant value. Get in touch for the Property Information Package for complete list of assets and floorplan layout concept.
This building is in a VA Enterprise and Opportunity Zone, with grants available for both the real estate and job creation.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
3,250 SF
Building Class
B
Year Built/Renovated
1950/2024
Price
$449,963 CAD
Price Per SF
$138.45 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.57
Lot Size
0.13 AC
Opportunity Zone
Yes
Zoning
C3
Frontage
50’ on Mecklenburg Ave
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 24344 | Improvements Assessment | $171,295 CAD |
| Land Assessment | $56,440 CAD | Total Assessment | $227,735 CAD |
PROPERTY TAXES
Parcel Number
24344
Land Assessment
$56,440 CAD
Improvements Assessment
$171,295 CAD
Total Assessment
$227,735 CAD
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115 N Mecklenburg Ave
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