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Investment Highlights

  • Rare dual-use commercial property featuring both an automotive service facility and second-generation restaurant space
  • Attached restaurant space. Turnkey opportunity suitable for restaurant, café, diner, deli, bakery, food service provides operational flexibility.
  • Opportunity Zone location with potential investment benefits.
  • Ideal for auto repair, body shop, tire sales, quick lube, automotive customization, fleet service, motorcycle repair, or equipment maintenance
  • Flexible commercial layout allows for multiple revenue streams or complementary business operations
  • Excellent visibility along US Highway 158 with strong exposure to daily traffic

Executive Summary

Unique dual-purpose commercial property featuring an automotive service facility paired with a second-generation restaurant space. This versatile offering is ideal for owner-users, investors, entrepreneurs, or franchise operators seeking a flexible commercial asset with multiple business use possibilities. Suitable for auto repair, body shop, tire sales, fleet maintenance, restaurant, café, deli, catering, retail, or service-related businesses. Excellent highway visibility and exposure create a strong opportunity for customer traffic and long-term business growth.

Property Facts

Sale Type
Investment or Owner User
Sale Conditions
Business Value Included
Property Type
Retail
Property Subtype
Auto Repair
Building Size
2,640 SF
Building Class
C
Year Built
1955
Percent Leased
100%
Building Height
1 Story
Loading Docks
2 Exterior
Opportunity Zone
Yes

Amenities

  • Restaurant
  • Signage
  • Cafe

About 702 US HIGHWAY 158 W , GATES, NC 27937

Rare opportunity to lease a versatile commercial property located in an OPPORTUNITY ZONE offering two highly desirable business spaces under one roof. The property combines a fully functional automotive service facility with a second-generation restaurant space, creating a unique opportunity for operators seeking flexibility, multiple revenue streams, or complementary business uses. The automotive portion is well-suited for auto repair, body shop operations, collision repair, tire sales and installation, fleet maintenance, oil change services, performance customization, motorcycle repair, small engine repair, detailing, equipment service, and other vehicle-related businesses. Existing infrastructure makes the space attractive for both established operators and new business ventures. The restaurant component offers an excellent opportunity for a restaurant, café, diner, bakery, catering company, deli, quick-service restaurant, takeout concept, or specialty food operator. The second-generation layout can help reduce startup costs and accelerate business opening timelines. Positioned along highly visible US Highway 158, the property benefits from strong roadway exposure, convenient access, and excellent visibility for customers traveling throughout the region. The flexible configuration provides opportunities for owner-users, entrepreneurs, regional operators seeking a strategic commercial location with the ability to support a wide variety of business concepts. This versatile commercial property presents an exceptional opportunity for automotive services, food service operations, retail sales, contractor businesses, specialty trades, and other commercial users seeking a high-visibility location with adaptable space.

Not walkable
10/100
Exceptionally drivable
100/100

Property Taxes

Property Taxes

Parcel Number
01-00329
Land Assessment
$39,857
Improvements Assessment
$61,487
Total Assessment
$101,344
  • Listing ID: 41389246

  • Date on Market: 7/22/2026

  • Last Updated:

  • Address: 702 US Highway 158 W, Gates, NC 27937

Contact the Sale Advisor

Rare Automotive & Restaurant Opportunity | 702 US Highway 158 W

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