$725,000

1301 Gum Branch Road

2,527 Sq.Ft. 0.52 Acres

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Description

Bring fresh ideas to one of Jacksonville's well-known restaurant locations. This former Pizza Hut sits on a corner lot along a main thoroughfare and offers a great opportunity to be part of the area's continued growth. The kitchen includes restaurant features such as a walk-in refrigerator, walk-in freezer, hood systems, and more. There are two restrooms and ample space for a dine-in area. The property is available for sale or lease and could be reimagined as a restaurant or adapted for another commercial use, subject to the buyer's or tenant's plans and approvals. A lease currently runs through June 2027 at $6,400 per month and may provide rental income while a new owner prepares for their next venture. Continuation or transfer of the lease is subject to tenant approval and any other approvals required under the lease.

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Location

1301 Gum Branch Road, Jacksonville, NC 28540

Status

For Sale

JOHN NEWTON

TITLE

Broker | Realtor®

PHONE

919-649-0827

[email protected]

CONTACT AGENT

Property Amenities

Interior

Flooring Carpet, Tile

Area & Lot

Total area 2,527 Sq.Ft.

Lot Area 0.52 Acres

Living area 2,527 Sq.Ft.

MLS® ID 100614961

Year Built 1975

Type Commercial

Status For Sale

Exterior

Heat type Electric

Water Source Public

Sewer Municipal Sewer

Parking Private, Parking Lot, Asphalt, On Site

Lot Features Corner Lot

Roof Shingle

Finance

Sales Price $725,000

Real Estate Tax $8,775 yearly

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how can we help?

The Better Homes and Gardens Real Estate Treasure team is a group of trusted local experts who know the area intimately and who help their clients find just the right place for a second home, investment property, or year round residence. Using our vast knowledge of the rules and regulations of living along the coast, we work diligently to educate our buyers and sellers to ensure they have the smoothest transaction possible. Other services include commercial real estate and long term rental property management. Contact us today!

$725,000