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Rare Automotive & Restaurant Opportunity 702 US Highway 158 W 2,640 SF 100% Leased Retail Building Gates, NC 27937 For Sale



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
Property Facts
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.
Property Taxes
| Parcel Number | 01-00329 | Improvements Assessment | $61,487 |
| Land Assessment | $39,857 | Total Assessment | $101,344 |
Property Taxes
Contact the Sale Advisor
Rare Automotive & Restaurant Opportunity | 702 US Highway 158 W
