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
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