6220 E Oak Island Drive, Oak Island, NC 28465

$1,600,000
Property Type: Comm Sale or Lease Square Footage: 2,000 Lot Size (sq. ft.): 10,500 Status: Closed
Current Price: $1,600,000 List Date: 10/12/2024 Last Modified: 5/21/2025

Description

Rare Commercial restaurant opportunity on Oak Island. This is one of the few operating restaurants with on site parking on the Island and is the ONLY one available for sale. Situated on a corner lot with 20' public road in rear provides easy ingress/egress. This has been an established location and thriving local business for many years. Owner of real estate currently leases the building to tenant providing you with an opportunity to let them continue doing the work & collecting lease payments. Most equipment & fixtures convey with sale. Seller will entertain owner financing with reasonable down payment. This is a rare opportunity & you will not want to miss this!

More Information MLS# 100470732

Building/Ext Features

Lot Acres: 0.24 Lot SqFt: 10500 Lot Dimensions: 70 x150 Location Type: Island

Contract Info

Delayed Marketing?: No Sub-Type: Improved Garage: Masterlock Sale/Lease: Sale List Price/SqFt: 875 Stipulation of Sale: Standard Status: Closed Marketing Start Date: 2024-10-08 Listing Price: 1750000 Current Price: $1,600,000

Location Information

City Limits: Yes Marketing City: Oak Island Secondary Subdivision: N/A Street #: 6220 Pre Direction: E Street Name: Oak Island Drive County: Brunswick State/Province: NC Zip Code: 28465 Subdivision: Not In Subdivision Geo Lat: 33.912049 Geo Lon: -78.101377

Remarks and Showing

Sign on Property: No Directions to Property: East Oak Island Drive and corner of 63rd

Building Info

New Construction: No

Legal and Taxes

Tax Assessed Value: 563000 Deed Book: 3300 Deed Page: 1386 Legal: Lots 10, 11,12 & Eastern ½ 9 Block 24 Section 4 PI 5/41 Th .24Ac Broker Owner: No PID: 236PE006 Tax Identifier: 236pe006 Plat Book: 5 Plat Page: 41 Special Assessments: None Tax Year: 2024 Zoning: Commercial HOA: No Cobra Zone: No Year Built: 1970

Business Type

Food Service: 1 Commercial: 1

Current Use

Commercial: 1

Miscellaneous

Occupancy: 82

Construction

Wood Frame: 1

Current Service Providers

Electric Provider: Brunswick Electric

Exterior Finish

Vinyl Siding: 1

Terms

Cash: 1 Conventional: 1 Seller Financing: 1

Foundation

Slab: 1

Flooring

Brick: 1 Concrete: 1

Parking Features

Gravel: 1 Off Street: 1 On Site: 1

Sale/Lease Includes

Buildings: 1 Equipment: 1 Fixtures: 1 Furniture: 1 Land: 1

Lot Description

Corner Lot: 1

Road Type/Frontage

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

Location

Freestanding: 1

Heating System Fuel Source

Electric: 1

Utilities

Water Available: 1

Water Source

Municipal Water: 1

Sewer

Municipal Sewer: 1

BuildingExt Features

SqFt - Heated (Primary): 2000

Status Change Info

Under Contract Date: 2024-11-04 Sold Price: $1,600,000 Sold Date: 2024-12-18

Property Features

Business Type: Food Service; Commercial Construction: Wood Frame Exterior Finish: Vinyl Siding Flooring: Brick; Concrete Foundation: Slab Parking Features: Gravel; Off Street; On Site Lot Description: Corner Lot Current Use: Commercial Location: Freestanding Heating System Fuel Source: Electric Utilities: Water Available Sewer: Municipal Sewer Water Source: Municipal Water Terms: Cash; Conventional; Seller Financing
Listing Office: Art Skipper Realty Inc.
IDX
Last Updated: May - 21 - 2025
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