505 Atlantic Beach Causeway, Atlantic Beach, NC 28512 (MLS# 100370633)

505 Atlantic Beach Causeway, Atlantic Beach, NC 28512

$1,450,000

Property Type: Comm Sale or Lease Square Footage: 4,219 Lot Size (sq. ft.): 14,810 Status: Closed

Current Price: $1,450,000 List Date: 2/22/2023 Last Modified: 5/14/2025

Overview

Description

Real estate only for sale Excellent investment or 1031 opportunity.... Amazing location on the main road(Atlantic Beach Causeway) into Atlantic Beach. Property offers 125 Feet of waterfront w/boat ramp and 7 deep water boat slips that can be rented separately by the day, week, month or annually as an additional revenue source. Current building tenant is an established regional seafood restaurant with a triple net lease. Commercial sewer is in the works which will change the dynamics of number of patrons for the restaurant.

Listing Details MLS# 100370633

Contract Info

Available Date: 2023-02-23
Delayed Marketing?: No
Marketing Start Date: 2023-02-22
Sub-Type: Improved
Sale/Lease: Sale
Auction: No
Listing Price: 1550000
List Price/SqFt: 367.39
Stipulation of Sale: Standard

Location Information

Street #: 505
Street Name: Atlantic Beach
Street Suffix: Causeway
County: Carteret
State/Province: NC
Zip Code: 28512
City Limits: Yes
Marketing City: Atlantic Beach
Subdivision: Sound View Isles
Secondary Subdivision: N/A

Remarks and Showing

Directions to Property: from MHC restaurant on right after leaving the bridge
Sign on Property: No

Building Info

New Construction: No

BuildingExt Features

SqFt - Heated (Primary): 4219

Legal and Taxes

Tax Assessed Value: 660197
Deed Book: 1743
Deed Page: 339
Legal: L41 45 B5 SOUND VIEW ISLES
Broker Owner: No
PID: 637512956921000
Tax Identifier: 637512956921000
Plat Book: 4
Plat Page: 40
Total Real Estate Property Taxes: 3514.04
Special Assessments: none
Tax Year: 2022
Year Built: 1958
Zoning: commercial cor
HOA: No
Cobra Zone: No
Federal Flood Ins Avlbl: Yes

More Information

Status Change Info

Under Contract Date: 2023-06-07
Sold Date: 2023-09-27

Property Features

Business Type: Food Service Parking Features: Lighted; On Site Heating System Fuel Source: Electric Water Heater: Electric Sewer: Septic Tank Water Source: Public

IDX

Listing Office: Realty World First Coast Rlty

Last Updated: May - 14 - 2025

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