49252 NC 12
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49252 NC 12
5,549 SF Retail Building Buxton, NC 27920 $1,750,000 ($315/SF)
Investment Highlights
- Waterfront!
- One bedroom apartment on second level!
- TURN KEY RESTAURANT!
Executive Summary
WATERFRONT and Sound Views. 90 SEAT TURN KEY RESTAURANT WITH EXPANSIVE VIEWS. The owners have operated the Sandbar and Grille for 26 years, 20 years in this location, beginning Season 27. For the discerning buyer/operator, this property offers so much potential. The restaurant has historically been opened for lunch and dinner. Deck available for waiting area - could even offer live music as entertainment. Game room downstairs, with the games owned by a separate company, but profits split. A great way to keep kids entertained while they wait! Sunset dining doesn't get any better, with the panoramic views. The restaurant also has a one bedroom apartment, that is currently being offered as a Airbnb rental, with excellent income potential or to house employees or a manager. This is truly a unique opportunity to own and operate a well located, highly visible restaurant in the heart of Hatteras Island.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,549 SF
Building Class
C
Year Built
2000
Price
$1,750,000
Price Per SF
$315
Tenancy
Single
Building Height
2 Stories
Building FAR
0.10
Lot Size
1.25 AC
Zoning
C - Commercial
Frontage
65 FT on NC 12 Highway
Amenities
- Waterfront
PROPERTY TAXES
Parcel Number | 016686000 | Improvements Assessment | $569,600 |
Land Assessment | $160,400 | Total Assessment | $730,000 |
PROPERTY TAXES
Parcel Number
016686000
Land Assessment
$160,400
Improvements Assessment
$569,600
Total Assessment
$730,000
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49252 NC 12
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