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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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105 E Brown St , Southport, NC 28461
$1,200,000
Est. Payment: $2,666.67/mo
0 Bed
0 Bath
1326 Sqft
Status: Active | Days on site: 467
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House Description

ATTENTION-INVESTMENT BUYERS! Extraordinary Restaurant Building in the heart of Southport's desirable Watertower Bus. Dist. Owner is seeking Buyer for oversized commercial property which includes the Restaurant Building, Attached Kitchen/Equip. & Fixtures (See List Attached). New in 2022 - HVAC, Interior/Exterior Paint,+Attached Equipment & Mechanicals, Landscaping & Irrigation, Along with Private Parking and Street Parking for Autos, Golf Carts & Bicycles. Currently this Charming Commercial Cottage is Tenant Occupied by one of Southport's most acclaimed Restaurants; with Seating Permit for 40+ Guests, w/ Indoor Seating, Enclosed Porch Seating & Bar Seating. All available in an Intimate, elegant setting. Current Tenant's Lease is through May of 2027. May want to extend with a New Owner. BUSINESS NOT FOR SALE. If you enjoy INVESTING IN REAL ESTATE - take advantage NOW in one of the most desirable locations ON THE COAST. Southport, NC, has been noted as America's Best Seaside Town AND is located in the 7th Fastest Growing County in America right now! Construction Plans, an Included Equipment Inventory List, Lease & Permits are now AVAILABLE UPON REQUEST FOR REVIEW to serious, potential Buyers. DON'T MISS THIS OPPORTUNITY!!!

Highlights

Listed by Kathryn A Simmons , 860-716-5667 RE/MAX Southern Coast , 910-363-4565.

Property Type

Commercial Sale

Lot/Acreage
0.28

Year Built

2003

County

Brunswick

Neighborhood

Not In Subdivision

Listing ID

100509420

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Air Cond:Central Air,Attic Fan,Heat Pump
Fireplaces:
Floor:LVT/LVP,Tile,Wood
Water:Public

Exterior Features

Lot:See Remarks,Level,Water Access Comm,Cleared,Rectangular Lot
Lot Dimensions:79 x 165 x 79.88 x 165
Zoning:SP-BD
Roof:Metal
Parking Features:Circular Driveway,Private,Public,Parking Lot,Attached,Detached,Additional Parking,Gravel,Aggregate,See Remarks,Lighted,Off Street,On Site
Principal Interest
$2,667
Taxes
$765

Home Price

$1,200,000

Loan Details

30 yrs
%

Down Payment

20%
$240,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,666.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,666.67 $765.00 $0.00 $3,431.67
Yearly $32,000.00 $9,180.00 $0.00 $41,180.00
Total $960,000.00 $275,400.00 $0.00 $1,235,400.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Southport, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.