$850,000

112 Causeway Drive

Ocean Isle Beach Mainland NC, 28469

Description

1,680 sq. ft. restaurant building on .64 acre lot prominently located on Causeway Dr., the gateway to Ocean Isle Beach Island and center of the thriving commercial district for the South Brunswick Islands of North Carolina. The restaurant is currently leased by Castaway's Grill through December 2027. A 20' X 100' streetside space is leased to owners of an ice machine and ATM machine through December 2025, providing guaranteed income to the new owners. Metal roof recently replaced. Two new rooftop HVAC units in 2019 with two Mitsubishi backup units at exterior ground level.Restaurant FF&E belongs to the Tenant. Only the hood conveys with the building.

Details

MLS#100245761
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year2011
Days On Site110

Features

SQ Feet1,680
Story(s)1
Units21
ZoningOI-C-2M
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Area Information
StateNC
CountyBrunswick
CityOcean Isle Beach Mainland
Zip Code28469
AreaBrunswick
Listing VS Median (in 28469)
Price:
$850,000
low | high
Med:
$89,900
100% of Average
SqFt:
1,680
low | high
Med:
450
100% of Average
$ / SqFt:
$506
low | high
Med:
$50
100% of Average
On Site:
110
low | high
Med:
83.500000
100% of Average
Sourced by Back At You
Listing Updated: March 6, 2021 8:49:27 PM PST
David H Stuart LogoMLS Number: 100245761
Listing Provided By:
David H Stuart  of  Intracoastal Realty
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