1 Causeway Drive, Ocean Isle Beach, NC 28469

$1,750,000
Property Type: Comm Sale or Lease Square Footage: 4,000 Lot Size (sq. ft.): 10,672 Status: Closed
Current Price: $1,750,000 List Date: 7/07/2022 Last Modified: 11/30/2022

Description

Location, Location, Location. Own the most visible and desirable commercial location on the island of Ocean Isle Beach, N.C. Located on the corner of West Second Street and Causeway Drive directly across from the Ocean Isle Beach town park. This 4000 sq.ft. building is zoned commercial C-2 and is a very rare offering. Ocean Isle Beach has very limited commercial zoning and properties rarely come on the market. This property is in an excellent high traffic area perfect for retail/ food service/ cafe / office/ mixed use or other C2 uses. Ground floor offers a huge lobby with a vaulted ceiling and a wall of windows facing the ocean. There are 6 entrances on the ground floor for excellent commercial use with 3 half baths. The top floor offers expansive ocean views and features a large conference / event room, lobby, multiple offices, and 2 half baths. So many possibilities for this premier location on the island 300 feet from the ocean. The visibility and walk-in traffic are outstanding with excellent and easy pedestrian access on the corner of Second Street and the Causeway. This property has been family owned for over 40 years and is a landmark location. Over the years, since Ocean Isle Beach was first developed, the town has built up around this property. Directly across the street is the Museum of Coastal Carolina as well as the town park with all the daily events, summer concerts and activities. Behind the property is the town's community hall with the weekly farmer's market and seasonal events. Outstanding income potential and usage makes this one of the best investments in the area. This property is agent owned. Buyer to verify any property zoning, property size, parking, usage, building square footage, replacement restrictions, and any due diligence.

More Information MLS# 100337696

Contract Info

Auction: No List Price/SqFt: 623.75 Stipulation of Sale: Standard Status: Closed Marketing Start Date: 2022-07-07 Listing Price: 2495000 Current Price: $1,750,000

Location Information

City Limits: Yes Marketing City: Ocean Isle Beach Secondary Subdivision: N/A Street #: 1 Street Name: Causeway Street Suffix: Drive County: Brunswick State/Province: NC Zip Code: 28469 Subdivision: Not In Subdivision Geo Lat: 33.888311 Geo Lon: -78.437258

Remarks and Showing

Sign on Property: Yes Directions to Property: Cross OIB Bridge, property on right hand side on corner of Causeway Dr. and West Third St.

Building Info

New Construction: No

Building/Ext Features

Lot Acres: 0.24 Lot SqFt: 10672 Lot Dimensions: 50' x 117' Location Type: Island

Legal and Taxes

Tax Assessed Value: 621050 Deed Book: 2765 Deed Page: 680 Legal: L-1 B-26 S-C OIB PLAT 5/143 Broker Owner: Yes PID: 257dh005 Tax Identifier: 257dh005 Plat Book: 5 Plat Page: 143 Special Assessments: None Tax Year: 2022 Zoning: C-2 HOA: No Cobra Zone: No Year Built: 1980

View Type

Ocean: 1

Construction

Wood Frame: 1

Current Service Providers

Electric Provider: Brunswick Electric Sewer Provider: Brunswick County Public Utilities Water Provider: Brunswick County Public Utilities

Foundation

Crawl Space: 1

Flooring

Tile: 1 Wood: 1

Fuel Tank

None: 1

Green Bldg Features

None: 1

Parking Features

Off Street: 1 Paved: 1

Sale/Lease Includes

Buildings: 1

Roof

Shingle: 1

Lot Description

Corner Lot: 1

Road Type/Frontage

Public (City/Cty/St): 1

Cooling

Central Air: 1

Heating

Heat Pump: 1

Heating System Fuel Source

Electric: 1

Water Heater

Electric: 1

Utilities

Water Available: 1

Water Source

Municipal Water: 1

Sewer

Municipal Sewer: 1

BuildingExt Features

SqFt - Heated (Primary): 4000

Status Change Info

Under Contract Date: 2022-08-31 Sold Price: $1,750,000 Sold Date: 2022-11-29

Property Features

View Type: Ocean Construction: Wood Frame Flooring: Tile; Wood Foundation: Crawl Space Fuel Tank: None Green Bldg Features: None Parking Features: Off Street; Paved Roof: Shingle Lot Description: Corner Lot Cooling: Central Air Heating: Heat Pump Heating System Fuel Source: Electric Water Heater: Electric Utilities: Water Available Sewer: Municipal Sewer Water Source: Municipal Water
Listing Office: Sloane Commercial
IDX
Last Updated: November - 30 - 2022
Copyright 2024 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.