Fantastic Beach Investment Property
Location North Carolina,United States
Asking Price Range $500K - $1.0M
Gross Revenues $78300
Net Profit / Cash Flow $0
Cash Flow Type EBITDA
Seller Finance No
Year Established 2000
Number of Employees 1 - 3
Inventory 70000
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Description Price Reduced $100,000! Fantastic investment opportunity in the heart of Carolina Beach. Property currently is beautifully up-fitted with a large bar and two outside patios leasing a successful restaurant/pub and could be easily converted into a retail space. There are also two leased 2 bedroom apartments and an office space to complete the building with a Mixed User's dream. Priced to sell, this great boutique style property is great for those who want to work, live and play at the beach. Recession savvy investors take note of the $77,400 yearly gross income from rentals. Property is located on an ideal corner location of the main road in Carolina Beach, Lake Park Boulevard, and Winner Avenue. This allows for multiple entrances and exposure. Property is centrally located to the hub of Carolina Beach's tourism, shopping and hotels.
Motivated Seller! Restaurant equipment and option!
$745,000 Call Barbara (910) 352-2274.
Click Here To Contact Seller
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