Friday, Jan. 30, was the last day of operation for 100 Main Restaurant & Bar in Valdese. The building has a new owner, and a new restaurant may open this fall.
Friday, Jan. 30, was the last day of operation for 100 Main Restaurant & Bar in Valdese. The building has a new owner, and a new restaurant may open this fall.
FOR THE PAPER
The historic building that housed the 100 Main restaurant in downtown Valdese changed hands for the first time since 1964 last week, passing from the Waldenses Guigou family to Ryan Cook of Hook Properties.
Cook bought the property for $407,000. He closed on the deal last week, stating that the idea is to use the space for a new restaurant.
The former restaurant, 100 Main, was named for its location on 100 Main St. E. It operated for 11 years before an abrupt, permanent closure in January. Owner Brian Thompson said he was unable to reach a sustainable agreement with a potential buyer at the time.
The property was owned by Guigou Brothers Inc., according to county documents. It was constructed by Guigou Brothers in 1935.
Coldwell Banker Real Estate Broker Tim Newton shared the news on social media, thanking the Guigou family for their trust and for allowing him to assist with the sale.
Cook said he met with multiple restaurateurs recently and has narrowed it down to one. He declined to share their name.
“I’m excited about a new business coming into 100 Main and look forward to its bright future and the positive impact it will have on our town,” said Valdese Mayor Keith Huffman.
The new restaurant will open this fall if there are no setbacks.
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