1 Causeway Drive, Ocean Isle Beach, NC 28469 (MLS# 100337696)

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

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

Location Information

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

Remarks and Showing

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

Building Info

New Construction: No

BuildingExt Features

SqFt - Heated (Primary): 4000

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 Year Built: 1980 Zoning: C-2 HOA: No Cobra Zone: No

Status Change Info

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

Current Service Providers

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

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
Last Updated: November - 30 - 2022
1 Causeway Drive, Ocean Isle Beach, NC 28469- MLS# 100337696
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