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417 N Howe St

2,142 SF Retail Condo Unit Offered at $875,000 in Southport, NC 28461

Executive Summary

Investment Opportunity in Southport's Business District! This rare mixed-use condo in the heart of Southport offers a fantastic opportunity for investors. Located within the Cape Fear Mercantile Center, this two-story unit is situated in a desirable area of Howe Street, surrounded by a variety of shops and restaurants, all within walking distance. Key Features: Property is Fully Leased: The ground floor is occupied by a thriving retail bakery, and the second floor is a leased one-bedroom residence. Total Space: Approximately 2,142 sq. ft. (currently verifying exact square footage and will update once process is complete). Prime Location: Positioned in a busy commercial district, ideal for high foot traffic and local engagement. Don't miss your chance to own a prime piece of Southport real estate. HOA Dues are approximately $2500-3000 / Yearly. Buyers are encouraged to review the Covenants, Conditions, and Restrictions prior to purchase. Property is located in the vicinity of former Towngate Cleaners, a site identified by the NC DEQ under the DSCA program. More information available on property fact sheet. USPS Address is Unit C. Legal Description and Plat Map identify unit as A. Restricted hours for showing. Showings Require 24 hour notice.

Property Facts

Price $875,000
Unit Size 2,142 SF
No. Units 1
Total Building Size 5,667 SF
Property Type Retail (Condo)
Property Subtype Storefront Retail/Residential
Sale Type Investment
Building Class B
Floors 2
Typical Floor Size 2,142 SF
Year Built 2000

1 Unit Available

Unit C (A)

Unit Size 2,142 SF
Price $875,000
Price Per SF $408.50
Condo Use Retail
Sale Type Investment
No. Parking Spaces 1
APN/Parcel ID 237EF03101
Description

Investment Opportunity in Southport's Business District! This rare mixed-use condo in the heart of Southport offers a fantastic opportunity for investors. Located within the Cape Fear Mercantile Center, this two-story unit is situated in a desirable area of Howe Street, surrounded by a variety of shops and restaurants, all within walking distance. Key Features: Property is Fully Leased: The ground floor is occupied by a thriving retail bakery, and the second floor is a leased one-bedroom residence. Total Space: Approximately 2,142 sq. ft. (currently verifying exact square footage and will update once process is complete). Prime Location: Positioned in a busy commercial district, ideal for high foot traffic and local engagement. Don't miss your chance to own a prime piece of Southport real estate. HOA Dues are approximately $2500-3000 / Yearly.  Buyers are encouraged to review the Covenants, Conditions, and Restrictions prior to purchase. Property is located in the vicinity of former Towngate Cleaners, a site identified by the NC DEQ under the DSCA program. More information available on property fact sheet. USPS Address is Unit C. Legal Description and Plat Map identify unit as A. Restricted hours for showing. Showings Require 24 hour notice.

Sale Notes

Key Features:
-Property is Fully Leased:
-The ground floor is occupied by a thriving retail bakery
-The second floor is a leased one-bedroom residence
-Situated in a desirable area of Howe Street, surrounded by a variety of shops and restaurants, all within walking distance.

Walk Score ®
Very Walkable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Wild By Nature
First Citizens Bank

zoning

Zoning Code BD (Business District. A commercial related district with lot and setback requirements suitable for placement abutting residential areas.)
BD (Business District. A commercial related district with lot and setback requirements suitable for placement abutting residential areas.)
  • Listing ID: 34201305

  • Date on Market: 12/14/2024

  • Last Updated:

  • Address: 417 N Howe St, Southport, NC 28461

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