Carolina Beach Boardwalk - Bar/Restuarant
Retail-Commercial
for Sale
| Catylist Listing ID: |
30178061 |
| Property Subtypes: |
Free-Standing Building, Restaurant, Street Retail, Tavern/Bar/Nightclub
|
| Building Size (RSF): |
4,394 SF
|
| Gross Land Area: |
4,720 SF
|
| Sale Price: |
$725,000 |
| Unit Price: |
$165 PSF |
| Property Use Type: |
Vacant/Owner-User |
| Building Name: |
Shelby Jean's (Formerly)Rare |
| Usable Size (USF): |
4,394 SF |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
5/15/2019 |
Overview / Comments
|
Prime Boardwalk Space - Rare Opportunity to own a bar/restaurant only steps to the beach. This property is located only a few doors down from Britt's Donuts, in between the Hampton Inn & Marriott hotels. The new Carolina Beach boardwalk is beautiful! It is one of the few boardwalks in North Carolina and is a great family attraction. The business environment continues improve as Carolina Beach grows and the quality of life improves in the area. This property also includes "at no extra cost" a 360 sq ft open dining porch, the potential for outside boardwalk seating and unfinished second floor storage space with high ceilings. Bar/Restaurant equipment & furnishings are negotiable.
|
Additional Details
| Nearest MSA: |
Wilmington |
| County: |
New Hanover |
| Taxing Authority: |
Carolina Beach |
| Tax ID/APN: |
R09006-010-003-000 |
| Zoning: |
CB |
| Retail Clientele: |
General, Family, Business, Traveler, Tourist, Recreation |
| Property Located Between: |
Cape Fear Blvd & Harper Ave |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Lake Park Blvd |
| Feet of Frontage: |
59 |
| Highway Access: |
N/A |
| Airports: |
Wilmington International Airport |
| Site Description: |
Carolina Beach Boardwalk, Free Standing building in the center of the Central Business District |
| Area Description: |
Carolina Beach Boardwalk, Free Standing building in the center of the Central Business District |
| Number of Stories: |
2 |
| Property Condition: |
Good |
| Year Built: |
1942 |
| Year Renovated: |
2015 |
| Roof Type: |
Flat |
| Construction/Siding: |
Block |
| Parking Type: |
Other |
| Parking Description: |
Public Parking lots are in the area. Many potential customers rent nearby vascation rentals or live nearby and walk or ride bikes to the property. Others park in public parking areas while visiting the beach. |
| Heat Type: |
Electricity |
| Heat Source: |
Central |
| Air Conditioning: |
Other |
| Internet Access: |
Cable, Other |
| Interior Description: |
Upfitted as bar/restuarant |
| Zoning Description: |
CB - Central Business District |
| In Flood Plain?: |
Yes |
| Lot Frontage: |
59 |
| Lot Depth: |
80 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Land Ownership: |
Paradise Island VII, LLC |
| Legal Description: |
Lots 39/40 Part 33 Carolina Beach |
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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