505 Atlantic Beach Causeway, Atlantic Beach, NC 28512
$1,450,000
Property Type:
Comm Sale or Lease
Square Footage:
4,219
Lot Size (sq. ft.):
14,810
Status:
Closed
Current Price:
$1,450,000
List Date:
2/22/2023
Last Modified:
5/14/2025
Description
Real estate only for sale Excellent investment or 1031 opportunity.... Amazing location on the main road(Atlantic Beach Causeway) into Atlantic Beach. Property offers 125 Feet of waterfront w/boat ramp and 7 deep water boat slips that can be rented separately by the day, week, month or annually as an additional revenue source. Current building tenant is an established regional seafood restaurant with a triple net lease. Commercial sewer is in the works which will change the dynamics of number of patrons for the restaurant.
More Information MLS# 100370633
Building/Ext Features
Lot Acres: 0.34
Lot SqFt: 14810
Lot Dimensions: 125x120x125x120
SqFt - Total Available: 4219
Location Type: Island
Contract Info
Available Date: 2023-02-23
Delayed Marketing?: No
Sub-Type: Improved
Sale/Lease: Sale
Auction: No
List Price/SqFt: 367.39
Stipulation of Sale: Standard
Status: Closed
Marketing Start Date: 2023-02-22
Listing Price: 1550000
Current Price: $1,450,000
Location Information
City Limits: Yes
Marketing City: Atlantic Beach
Secondary Subdivision: N/A
Street #: 505
Street Name: Atlantic Beach
Street Suffix: Causeway
County: Carteret
State/Province: NC
Zip Code: 28512
Subdivision: Sound View Isles
Geo Lat: 34.706835
Geo Lon: -76.738176
Remarks and Showing
Sign on Property: No
Directions to Property: from MHC restaurant on right after leaving the bridge
Building Info
New Construction: No
Legal and Taxes
Tax Assessed Value: 660197
Deed Book: 1743
Deed Page: 339
Legal: L41 45 B5 SOUND VIEW ISLES
Broker Owner: No
PID: 637512956921000
Tax Identifier: 637512956921000
Plat Book: 4
Plat Page: 40
Total Real Estate Property Taxes: 3514.04
Special Assessments: none
Tax Year: 2022
Zoning: commercial cor
HOA: No
Cobra Zone: No
Federal Flood Ins Avlbl: Yes
Year Built: 1958
Business Type
Food Service: 1
Parking Features
Lighted: 1
On Site: 1
Sale/Lease Includes
Buildings: 1
Road Type/Frontage
4+ Lanes: 1
Paved: 1
Public (City/Cty/St): 1
Heating System Fuel Source
Electric: 1
Water Heater
Electric: 1
Water Source
Public: 1
Sewer
Septic Tank: 1
BuildingExt Features
SqFt - Heated (Primary): 4219
Status Change Info
Under Contract Date: 2023-06-07
Sold Price: $1,450,000
Sold Date: 2023-09-27
Property Features
Business Type: Food Service
Parking Features: Lighted; On Site
Heating System Fuel Source: Electric
Water Heater: Electric
Sewer: Septic Tank
Water Source: Public; Public
Listing Office:
Realty World First Coast Rlty
IDX
Last Updated: May - 14 - 2025
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