Established Restaurant

Retail-Commercial for Sale
Catylist Listing ID: 30737793
Property Subtypes: Restaurant
Building Size (RSF): 3,000 SF
Gross Land Area: 0.57 Acres
Sale Price: $2,500,000
Unit Price: $833.33 PSF
Property Use Type: Vacant/Owner-User
Building Name: Confidential
Usable Size (USF): 3,000 SF
Sale Terms: Cash to Seller, Owner Financing, Other
Cap Rate: Undisclosed
Last Updated: 6/8/2021

Overview / Comments

Confidential listing . All interested buyers must sign a non disclosure agreement . Established family owned restaurant on Lake Park Blvd seats 135. This property is currently owned and operated by the family. The restaurant seats 135 and has ample parking, 900 sqft of walk in storage. Restaurant will sell turn key. This is a perfect opportunity to walk into a successful business and start making money. Financials available for interested, pre-qualified buyers only. Seller may finance with the right buyer. All interested buyers must sign a non disclosure agreement .
Owner is a NC Broker.

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Taxing Authority: Carolina Beach
Tax ID/APN: 0000-0000-0000-0000
Zoning: HB
Property Visibility: Excellent
Largest Nearby Street: Lake Park Blvd
Feet of Frontage: 100
Airports: ILM
Site Description: 100x250 lot
Area Description: Year round beach community support 12 months of business
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 3,000 SF
Property Condition: Excellent
Construction/Siding: Other
Zoning Description: HB - Highway Business
Lot Frontage: 100
Lot Depth: 250
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities
Legal Description: Lt 3 Battleground Park & 25 ' of Jackson Street

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,715 11,122 21,839
Median Age: 46.24 46.76 43.26
Households: 1,314 5,022 9,429
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