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1475 W Market St
Smithfield, NC 27577
Retail Property For Sale
Executive Summary
This high-potential commercial property, formerly a longtime home of a well loved Cafe, offers a prime redevelopment opportunity in a rapidly growing corridor. Situated on a 0.617-acre lot, the approximately 1900 SF building is ready for your vision, making it perfect for an investor looking to customize a space. The site boasts exceptional visibility with over 13,500 cars passing daily and is strategically located near major locations like the Johnston Regional Airport (JNX), the new Amazon distribution plant, and Johnston Health Hospital. Key features that set this property apart include extensive parking and unique outdoor entertainment areas consisting of an open patio with a firepit and an enclosed patio featuring a second firepit. Positioned within a high-growth industrial and retail zone, this as-is sale is ideal for those looking to capitalize on Smithfield's economic expansion.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,900 SF
Building Class
C
Year Built
1976
Price
$650,000
Price Per SF
$342.11
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.62 AC
Zoning
SUP - B-3
Parking
70 Spaces (36.84 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signage
Property Taxes
| Parcel Number | 15077028E | Improvements Assessment | $121,590 |
| Land Assessment | $108,030 | Total Assessment | $229,620 |
Property Taxes
Parcel Number
15077028E
Land Assessment
$108,030
Improvements Assessment
$121,590
Total Assessment
$229,620
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