116 N Howe Street, Southport, NC 28461 (MLS# 100316075)

116 N Howe Street, Southport, NC 28461

$1,250,000

Property Type: Comm Sale or Lease Square Footage: 5,084 Lot Size (sq. ft.): 8,712 Status: Closed

Current Price: $1,250,000 List Date: 3/09/2022 Last Modified: 6/24/2022

Overview

Description

PRIME COMMERCIAL INCOME PRODUCING PROPERTY in the HEART OF SOUTHPORT'S HISTORIC DISTRICT. Three separately metered units plus potential for redevelopment/expansion opportunity. PID 237LG036 116 N. Howe St. (Ports of Call Restaurant) has 37 feet of prime road frontage on Howe Street and includes a 4860 ft2 brick building that houses three separately metered tenants. The ground floor tenant is the restaurant. The second unit is accessed via the front of the building and is a second floor 1410 FT2 four room office suite with half bath. The third unit is accessed from the rear of the building and is a second floor 996 FT2 one bedroom one bath residential unit with short term vacations rental potential. PID 237LG03501 abuts the rear of 116 N. Howe and includes a warehouse type building that connects to the rear of the restaurant and currently serves as the restaurant's kitchen area. This parcel has frontage on I Am Street. The rear portion of the warehouse contains about 587 FT2 of ... (Read more)

Listing Details MLS# 100316075

Contract Info

Marketing Start Date: 2022-03-09
Sub-Type: Improved
Garage: N/A
Sale/Lease: Sale
Auction: No
Listing Price: 1600000
List Price/SqFt: 314.71
Stipulation of Sale: Entered as Sale Only

Location Information

Street #: 116
Pre Direction: N
Street Name: Howe
Street Suffix: Street
County: Brunswick
State/Province: NC
Zip Code: 28461
City Limits: Yes
Marketing City: Southport
Subdivision: Not In Subdivision
Secondary Subdivision: N/A

Remarks and Showing

Directions to Property: Hwy 211 South towards Historic Southport. On Left, one block from waterfront.
Sign on Property: No

Building Info

New Construction: No

BuildingExt Features

SqFt - Heated (Primary): 5084

Legal and Taxes

Tax Assessed Value: 981243
Deed Book: 766
Deed Page: 789
Legal: L-37X66
Broker Owner: No
PID: 237LG036
Tax Identifier: 237lg000
Plat Book: .
Plat Page: .
Special Assessments: none
Tax Year: 2021
Year Built: 1953
Zoning: CBD
HOA: No
Cobra Zone: No
Federal Flood Ins Avlbl: No

More Information

Status Change Info

Under Contract Date: 2022-03-09
Sold Date: 2022-06-24

Property Features

Cooling: Other Heating: Other Terms: Cash; Conventional Lease Types: See Remarks

IDX

Listing Office: Southport Realty, Inc.

Last Updated: June - 24 - 2022

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