CHARLOTTE, N.C. — Charlotte's iconic fried chicken restaurant Price's Chicken Coop is closing its doors for good. The restaurant's final day will be June 19.
In the announcement on social media, management cited the current labor shortage and rising food costs as factors in the decision. Owner Steven Price said it was time, adding "there's a time and a season."
While it's not known if Price has sold or is considering selling, he owns three adjacent lots: the building that hosts Price's Chicken Coop itself and two parking lots. The assessed financial values of those lots are available via county records.
WCNC Charlotte is always asking "where's the money?" If you need help, reach out to the Defenders team by emailing money@wcnc.com.
County records indicate the building and the lot it's on is valued at a total of $600,400 at 6098.4 square feet, one parking lot is valued at $480,000 for 7840.8 square feet, and the other is valued at $597,300 for 9757.44 square feet.
That makes the grand total for the three lots valued at $1,677,700.
The lot with the actual building for Price's Chicken Coop was last sold in November 1994, per county records, while the two parking lots were sold in November 2003.
All three lots are currently zoned as "C700" which is defined as "Commercial" but could potentially be rezoned if necessary. At this time, there are no zoning permits related to the lot.