Statesville Restaurant 8850 Statesville Blvd 5,200 SF Retail Building Cleveland, NC 27013 $1,661,892 CAD ($319.59 CAD/SF) 6.70% Cap Rate

Please, do not approach the restaurant directly.
Rare turnkey restaurant opportunity in a high-visibility retail corridor along Statesville Boulevard. This well-appointed facility is fully equipped for full-service dining and is positioned to capitalize on strong local traffic, regional draw, and limited nearby competition. The business is offered in conjunction with the property and includes all FF&E, fixtures, and improvements. Layout: Spacious dining room, bar / lounge area, commercial kitchen, storage rooms, office, restrooms, and loading/service access Condition: Immaculate, well maintained — recent upgrades to HVAC, roof, flooring, plumbing, and kitchen systems Parking & Access: Ample on-site parking, convenient ingress/egress from Statesville Boulevard, high visibility to passing traffic Location Highlights Located on Statesville Boulevard (US-70 corridor), a major arterial route with strong vehicular flow Rare multi-parcel offering with three contiguous tracts, including two rear parcels, allowing for future site expansion or auxiliary business use Surrounded by retail, service, residential, and commercial nodes — adding synergies for food & beverage operations Easy driving distance from Cleveland, Mooresville, and surrounding northern Iredell / southern Rowan County markets Zoned for restaurant / hospitality use, with potential for expansion (e.g. patio, take-out, catering) Turnkey operation ready for immediate occupancy Existing goodwill and customer base (if business is being sold together) Modern, efficient kitchen systems and layout designed for high throughput Multiple revenue stream potential (dine-in, take-out, catering, events) Long-term stability in a market with limited supply of similarly zoned, upgraded restaurant assets