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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.

Attachments

The Wisdom Table

Data Room Click Here to Access

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
12,855 SF
Building Class
C
Year Built/Renovated
1937/2019
Price
$849,999
Price Per SF
$66.12
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

Rent-A-Center
First Horizon Bank

Property Taxes

Property Taxes

Parcel Number
4951-14-42-1895
Land Assessment
$33,160
Improvements Assessment
$478,660
Total Assessment
$511,820
  • Listing ID: 36634511

  • Date on Market: 7/7/2025

  • Last Updated:

  • Address: 101 E Main St, Elkin, NC 28621

Contact the Sale Advisor

Former Belk Building | 101 E Main St

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