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40 Main Street E

Saluda, NC 28773

3 beds
5 baths
3,778 sqft
2,614 sqft lot
$264 per sqft
1990 build
– on site

Exceptional and completely turnkey commercial building in the heart of Historic Downtown Saluda featuring a restaurant space and 2 apartments. The 1,869 SF restaurant space can come with all FFE and service-ware. The second floor is 1,575 SF with which you could add to the restaurant, rent to a business, or use as a studio apartment. The third floor is a lovely, bright 1909 SF 3/2 apartment w/ screened deck. The restaurant space features an open floor plan w/ high ceilings, exposed brick walls, built-out kitchen, walk-in cooler and delivery access. Its location offers excellent visibility and accessibility, making it a hot spot for both locals and visitors. Park across the street undergoing a $1MM expansion. Steps from the future Saluda Grade Trail, a soon-to-be-constructed and highly anticipated rails to trails project. Golden opportunity for short term rental investors or culinary professionals with a desire to own a restaurant and live in a thriving location.

Listing courtesy of CMLS / Looking Glass Realty, Saluda

Last checked: Checking… • Last updated Apr 22, 2024 •

MLS# 4089376 —

The Building

Year Built:

1990
New Construction:

false
Construction Type:

Site Built
Subtype:

Townhouse
Construction Materials:

Brick Full
Roof:

Flat, Rubber
Entry Level:

1
Security Features:

Security System
Accessibility Features:

Two or More Access Exits, Bath 60 Inch Turning Radius, Bath Grab Bars, Door Width 32 Inches or More
Levels:

Three
Basement:

false
Foundation Details:

Crawl Space
SqFt Third:

1909
SqFt Unheated Total:

1575
SqFt Unheated Upper:

1575
Above Grade Finished Area:

3778

Interior

Flooring:

Carpet, Tile, Wood
Living Area:

3778

Location

Directions:

Property is where the Azalea Bistro is located. Please use street parking.
Latitude:

35.23607831
Longitude:

-82.34762411
Elevation:

2000

The Property

Type:

Residential
View:

City
Lot Size Area:

0.06
Lot Size Units:

Acres
Zoning:

CH
Zoning Specification:

C-H
Waterfront Features:

None
Land Included:

No
Other Equipment:

Fuel Tank(s)
Exclusions:

Pineapple Lights in front, some kitchen fixtures.
Road Responsibility:

Publicly Maintained Road
Road Surface Type:

Paved

Listing Agent

Contact info:

Taxes

Parcel Number:

S9-G9
Tax Assessed Value:

341621

Beds

Bedrooms Total:

3
Bedroom Third:

3

Baths

Baths:

5
Full Baths:

3
Half Baths:

2
Half Baths Main:

2
Full Baths Upper:

1
Full Baths Third:

2

The Listing

Special Listing Conditions:

None
Buyer's Brokeage Compensation:

3

Heating & Cooling

Heating:

Electric, Propane
Cooling:

Ceiling Fan(s), Central Air

Utilities

Utilities:

Electricity Connected, Fiber Optics, Propane, Wired Internet Available
Sewer:

Public Sewer
Water Source:

City

Appliances

Appliances:

Dishwasher, Electric Oven, Exhaust Hood, Freezer, Propane Water Heater, Refrigerator, Washer/Dryer
Laundry Features:

Laundry Room, Third Level

Schools

Elementary School:

Unspecified
Middle School:

Unspecified
High School:

Unspecified

The Community

Subdivision Name:

None
Senior Community:

false
Pets Allowed:

Yes
Restrictions:

No Representation,Short Term Rental Allowed
Restrictions Description:

Commercial Historic District Saluda City Limits
Proposed Special Assessment:

No
HOA Subject To:

None

Parking

Parking Features:

Assigned, On Street
Garage:

false
Main Level Garage:

No
Carport:

false
Open Parking:

true
Open Parking Spaces:

2
Other Parking:

There are 2 designated parking spaces for tenants behind the building. Restaurant clientele utilizes street parking and a community lot across the street.

Monthly cost estimate

Asking price

$999,950

Expense	Monthly cost
Mortgage	$5,354
Taxes	N/A
Insurance	$274
Utilities	$151 See report
Total	$5,779/mo.^*
	^*This is an estimate

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Sale history

Date	Event	Source	Price	% Change
4/22/24 Apr 22, 2024	Listed / Active	CMLS	$999,950
4/8/24 Apr 8, 2024	Sold Subject To Contingencies	CMLS	$999,950
2/21/24 Feb 21, 2024	Price Changed	CMLS	$999,950	-20.0%

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This townhouse located in Saluda, NC 28773 is currently for sale for $999,950. 40 Main Street E is a 3,778 square foot townhouse with 3 beds and 5 baths that has been on Estately for 164 days.

Based on information submitted to the MLS GRID as of 5/3/2024 4:48 pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. Some IDX listings have been excluded from this website. Listings courtesy of Canopy MLS as distributed by MLS GRID.