Retail-Commercial for Sale
Catylist Listing ID: 30265782
Property Subtypes: Free-Standing Building, Street Retail
Building Size (RSF): 2,400 SF
Gross Land Area: 0.18 Acres
Sale Price: $299,000
Unit Price: $124.58 PSF
Property Use Type: Business
Usable Size (USF): 2,400 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/14/2018

Overview / Comments

Freestanding commercial building in Historic Southport , North Carolina with 63 feet of road frontage on N. Howe Street, the prime commercial corridor leading to the heart of the downtown historic area-the waterfront where the Cape Fear River/Intracoastal waterway and Atlantic Ocean converge. Parking in front and rear. New metal roof approximately 2011. One new heat pump in 2017.
All city utilities water/sewer/electric. Cable also available. Attic storage accessed via pull down stairs. Existing pet store business does not convey. Buyer to verify square footage of building and lot.

Additional Details

Nearest MSA: Myrtle Beach-Conway-North Myrtle Beach
County: Brunswick
Taxing Authority: City of Southport Brunswick County
Tax ID/APN: 237EA045
Retail Clientele: General, Business, Traveler, Tourist
Property Visibility: Excellent
Largest Nearby Street: N. Howe St.
Feet of Frontage: 63
Highway Access: Located on Hwy 211/N. Howe St.
Airports: Wilmington 45 min.
Site Description: Prime 63 feet frontage on N. Howe St., the major commercial corridor leading to the waterfront in downtown Southport.
Area Description: Situated between Wilmington, NC and Myrtle Beach S.C. , Historic Southport is a cultural jewel located at the confluence of the Cape Fear River, Intracoastal waterway and Atlantic Ocean. The area thrives on tourism associated with its waterfront location and rich cultural and maritime history associated with the Civil War. Howe St. and Moore St. are the rime commercial corridors servicing Both the approximately 3500 year round residents as well as seasonal tourists visiting both Southport and nearby Oak Island and Bald Head Islands.
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 2,400 SF
Property Condition: Good
Year Built: 1986
Roof Type: Gable
Construction/Siding: Wood Siding
Exterior Description: Freestanding building.
Parking Type: Surface
Parking Description: Front and rear parking.
Heat Type: Electricity
Heat Source: Heat Pump
Air Conditioning: Other
Internet Access: Cable
Interior Description: Open space used for pet store inventory.
Zoning Description: Southport business District allows for. variety of commercial uses including retail, restaurant, office.
Lot Frontage: 63
Lot Depth: 127
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Marlene A. Radford
Legal Description: L-4&5 B-4 SMITH AND WEEKS PLAT DOWERS/10

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,052 5,803 9,959
Median Age: 56.2 52.91 52.98
Households: 911 2,686 4,651


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