Established Restaurant - Bowmans Seafood

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: Bowmans Seafood Restaurant
Usable Size (USF): 3,000 SF
Sale Terms: Cash to Seller, Owner Financing, Other
Cap Rate: Undisclosed
Last Updated: 1/23/2022

Overview / Comments

Established family owned restaurant on Lake Park Blvd 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.
NOTE: 3 ways to buy! 1 - buy the business and lease the real estate. 2 - Buy the real estate only . 3 - Buy it all , turn key!
35 Years in Business -
Note: There is future development going in across the street. Proposal is mixed use, apartments on top and commercial on bottom. Be part of an up and coming beach community.

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Taxing Authority: Carolina Beach
Tax ID/APN: R08818-001-037-000
Zoning: HB
Retail Clientele: Family, Tourist, Other
Property Located Between: Across from Jersey Mikes Subs.
Property Visibility: Excellent
Largest Nearby Street: North Lake Park Blvd
Feet of Frontage: 100
Highway Access: N Lake Park Blvd is the main road through Carolina Beach - Located on the right side of the road. Easy access!
Airports: ILM
Site Description: 100x250 lot
Area Description: Year round beach community supports 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
Exterior Description: Brick
Parking Type: Surface
Parking Description: There is parking in front of restaurant and to the right side of restaurant.
Heat Type: Electricity
Heat Source: Central
Interior Description: The main dining room consist of tables and booths. The front of restaurant offers a counter/bar top with stools. There is a Mens restroom and a Womens Restroom. There is a private party room in the rear of the building
Zoning Description: HB - Highway Business
Lot Frontage: 100
Lot Depth: 250
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities
Land Ownership: yes
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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