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257 Boat Club Lane
Salisbury, NC 28146
Asking Price
$3.20M
Asset Type
Restaurant Retail
Class
Class B
What's Special
257 Boat Club Lane, Salisbury, NC 28146 <ul><li>High Rock Lake 12+/- acre COMMERCIAL tract with 450+ WATERFRONT FT</li><li>ACTIVE VIBRANT RESTAURANT, EVENT VENUE, Boat Ramp & Extensively Renovated Full Brick Ranch Rental with water views</li><li>One of only two true drive-up waterfront restaurants on North Carolina's 2nd largest lake with approximately 15,180 acres and 365 miles of shorefront</li><li>Event venue building perfect for parties, fundraisers, reunions, etc. w/ full kitchen, golf simulator, large flat screen tv's and ba
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NOI
$80,000
Cap Rate
2.50%
DSCR
0.42
Underwater
Cash-on-Cash
-11.46%
Monthly Payment
$15,831.854
Annual Cash Flow
$-109,982.248
