Popular and Bustling Local Boutique Restaurant & Bar

Retail-Commercial for Sale
Also listed as Business Opportunity
Catylist Listing ID: 30770071
Property Subtypes: Restaurant, Tavern/Bar/Nightclub, Other
Building Size (RSF): 1,750 SF
Sale Price: $500,000
Unit Price: $285.71 PSF
Property Use Type: Investment, Business
Usable Size (USF): 1,750 SF
Sale Terms: Undisclosed, Other
Cap Rate: Undisclosed
Last Updated: 11/26/2021

Overview / Comments

Popular and bustling local boutique Restaurant & Bar with a proven track record of increased sales year over year! This Restaurant is one of the brightest stars in the Wilmington Culinary Constellation. The menu offers signature Chef designed entrées, fresh catch, and unique sharing plates. They use seasonal fruits and vegetables, which find their way into the cooking and the cocktails. This Restaurant offers a unique social connection Wilmingtonian's have grown to love.

Financials are available with signed confidentiality agreement and a proof of funds from a lending institution.

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Submarket Type: Other
Tax ID/APN: R05511-003-001-000
Zoning: MIXED USE
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Other
Property Located Between: Wrightsville Beach & Mayfair
Property Visibility: Excellent
Largest Nearby Street: Eastwood Road
Tenancy: Multiple Tenants
Number of Stories: 1
Property Condition: Excellent
Parking Description: Off Street
Heat Type: Electricity, Natural Gas
Heat Source: Central
Zoning Description: Mixed Use
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,654 33,478 104,366
Median Age: 41.38 38.74 36.41
Households: 1,110 12,490 44,070

Contact

Photograph of Listing Agent

Jennifer Bullock

RE/MAX Executive NCCMLS Member
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