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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
$949,999
Price Per SF
$73.90
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 | $478,660 |
| Land Assessment | $33,160 | Total Assessment | $511,820 |
Property Taxes
Parcel Number
4951-14-42-1895
Land Assessment
$33,160
Improvements Assessment
$478,660
Total Assessment
$511,820
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Former Belk Building | 101 E Main St
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