105 W Church Street, Swansboro, NC 28584

$2,500,000
Property Type: Comm Sale or Lease Square Footage: 4,351 Lot Size (sq. ft.): 6,534 Status: Closed
Current Price: $2,500,000 List Date: 7/14/2022 Last Modified: 8/05/2022

Description

ACT NOW TO TAKE ADVANTAGE OF PEEK SUMMER RENTAL REVENUE!!! said timeless traditions are in the past should head straight to Historic Downtown Swansboro and check out this commercial landmark on Church St. Here you will be amazed with niche opportunity laid out featuring multiple sources of passive income through both commercial and residential rental units. Are you looking for your next investment? Like a refreshing tide-shift, this property encompasses a unique design with a very quaint, historic, and small town charm. Enjoy a handpicked portfolio of local business owners collaborating/renting and occupying the main level commercial spaces, offering one of a kind services, products, and menus all under the same roof. In addition to the 3 commercial spaces, there are 5 luxury, furnished, staterooms on the top level that are currently being managed as nightly rentals for a great projected rate of return. These 5 condo/units overlook Downtown Swansboro and are centrally located to shopping, restaurants, and local music throughout the seasons! With everything the local residents, business owners, and tourists pour into this town, the streamlined growth of this coastal venture will continue to expand its reach year round and prove to be a success for the next owner. Financials released with an executed NDA.

More Information MLS# 100310022

Contract Info

Sale/Lease: Sale Auction: No List Price/SqFt: 689.5 Stipulation of Sale: Standard Status: Closed Marketing Start Date: 2022-01-31 Listing Price: 2999999 Current Price: $2,500,000

Location Information

City Limits: Yes Marketing City: Swansboro Secondary Subdivision: N/A Street #: 105 Pre Direction: W Street Name: Church Street Suffix: Street County: Onslow State/Province: NC Zip Code: 28584 Subdivision: Swansboro Geo Lat: 34.687041 Geo Lon: -77.119982

Remarks and Showing

Sign on Property: No Directions to Property: HWY 24 to Downtown Swansboro - Turn on Front St - Turn Right on Church St - Property Will Be On Left

Building Info

New Construction: No

Building/Ext Features

Lot Acres: 0.15 Lot SqFt: 6534 Lot Dimensions: 60 x 110 x 60 x 110 Location Type: Mainland

Legal and Taxes

Tax Assessed Value: 457273 Deed Book: 5038 Deed Page: 233236 Legal: C/A CHURCH STREET PLACE CONDO Broker Owner: No PID: 536411561354 Tax Identifier: 536411561354 Plat Book: N/A Plat Page: N/A Special Assessments: None Tax Year: 2019 Zoning: Commercial HOA: No Cobra Zone: No Year Built: 1995

Business Type

Food Service: 1 Mixed: 1 Retail: 1

View Type

ICW View: 1 Sound View: 1 Water: 1

Construction

Wood Frame: 1

Terms

Cash: 1

Sale/Lease Includes

Buildings: 1 Equipment: 1 Fixtures: 1 Furniture: 1 Land: 1 Licenses/Permits: 1

Lot Description

Corner Lot: 1

Road Type/Frontage

Paved: 1 Public (City/Cty/St): 1

Cooling

Central Air: 1

Location

Corner: 1 Historic District: 1

Heating

Heat Pump: 1

Heating System Fuel Source

None: 1

Utilities

Water Available: 1

Water Source

Municipal Water: 1

Sewer

Municipal Sewer: 1

BuildingExt Features

SqFt - Heated (Primary): 4351

Status Change Info

Under Contract Date: 2022-08-03 Sold Price: $2,500,000 Sold Date: 2022-08-05

Property Features

Business Type: Food Service; Mixed; Retail View Type: ICW View; Sound View; Water Construction: Wood Frame Lot Description: Corner Lot Location: Corner; Historic District Cooling: Central Air Heating: Heat Pump Heating System Fuel Source: None Utilities: Water Available Sewer: Municipal Sewer Water Source: Municipal Water Terms: Cash
Listing Office: Mitchell Prime Properties EI
IDX
Last Updated: August - 05 - 2022
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