105 W Church Street, Swansboro, NC 28584
$2,500,000
Property Type:
Comm Sale or Lease
Square Footage:
4,351
Lot Size (sq. ft.):
6,534
Status:
Closed
Current Price:
$2,500,000
List Date:
7/14/2022
Last Modified:
8/05/2022
Description
ACT NOW TO TAKE ADVANTAGE OF PEEK SUMMER RENTAL REVENUE!!! said timeless traditions are in the past should head straight to Historic Downtown Swansboro and check out this commercial landmark on Church St. Here you will be amazed with niche opportunity laid out featuring multiple sources of passive income through both commercial and residential rental units. Are you looking for your next investment? Like a refreshing tide-shift, this property encompasses a unique design with a very quaint, historic, and small town charm.
Enjoy a handpicked portfolio of local business owners collaborating/renting and occupying the main level commercial spaces, offering one of a kind services, products, and menus all under the same roof. In addition to the 3 commercial spaces, there are 5 luxury, furnished, staterooms on the top level that are currently being managed as nightly rentals for a great projected rate of return. These 5 condo/units overlook Downtown Swansboro and are centrally located to shopping, restaurants, and local music throughout the seasons!
With everything the local residents, business owners, and tourists pour into this town, the streamlined growth of this coastal venture will continue to expand its reach year round and prove to be a success for the next owner.
Financials released with an executed NDA.
More Information MLS# 100310022
Contract Info
Status: Closed
Marketing Start Date: 2022-01-31
Sale/Lease: Sale
Auction: No
Listing Price: 2999999
Current Price: $2,500,000
List Price/SqFt: 689.5
Stipulation of Sale: Standard
Location Information
Street #: 105
Pre Direction: W
Street Name: Church
Street Suffix: Street
County: Onslow
State/Province: NC
Zip Code: 28584
City Limits: Yes
Marketing City: Swansboro
Subdivision: Swansboro
Secondary Subdivision: N/A
Geo Lat: 34.687041
Geo Lon: -77.119982
Remarks and Showing
Directions to Property: HWY 24 to Downtown Swansboro - Turn on Front St - Turn Right on Church St - Property Will Be On Left
Sign on Property: No
Building Info
New Construction: No
BuildingExt Features
SqFt - Heated (Primary): 4351
Legal and Taxes
Tax Assessed Value: 457273
Deed Book: 5038
Deed Page: 233236
Legal: C/A CHURCH STREET PLACE CONDO
Broker Owner: No
PID: 536411561354
Tax Identifier: 536411561354
Plat Book: N/A
Plat Page: N/A
Special Assessments: None
Tax Year: 2019
Year Built: 1995
Zoning: Commercial
HOA: No
Cobra Zone: No
Status Change Info
Under Contract Date: 2022-08-03
Sold Price: $2,500,000
Sold Date: 2022-08-05
Property Features
Business Type: Food Service; Mixed; Retail
View Type: ICW View; Sound View; Water
Construction: Wood Frame
Lot Description: Corner Lot
Location: Corner; Historic District
Cooling: Central Air
Heating: Heat Pump
Heating System Fuel Source: None
Utilities: Water Available
Sewer: Municipal Sewer
Water Source: Municipal Water
Terms: Cash
Listing Office: Mitchell Prime Properties EI
Last Updated: August - 05 - 2022
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