Oceanfront Coastal Carolina Restaurant & Bar

Retail-Commercial for Sale
Also listed as Business Opportunity
Catylist Listing ID: 30619003
Property Subtypes: Restaurant
Building Size (RSF): 4,000 SF
Sale Price: $1,500,000
Unit Price: $375 PSF
Property Use Type: Net Leased Investment (NNN)
Usable Size (USF): 4,000 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/10/2021

Overview / Comments

Coastal Carolina Oceanfront Restaurant and Real Estate for Sale with a total of $4,000+/- square foot. The seating capacity is for 144 patrons inside and out. This property is located on the Boardwalk with indoor dining on 1st and 2nd floor, with a covered bar on the 2nd floor overlooking the Atlantic Ocean. This price is for the Real Estate only at $1,500,000. The restaurant business is for sale by a separate agreement. The prospective buyer can only purchase the real estate with the business.

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

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Taxing Authority: New Hanover County
Tax ID/APN: 7853188276
Zoning: CBD

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,785 11,122 16,413
Median Age: 43.01 46.76 45.65
Households: 1,255 5,022 7,169

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