105 E Brown Street, Southport, NC 28461 (MLS# 100509420)

105 E Brown Street, Southport, NC 28461

$1,100,000

Property Type: Comm Sale or Lease Square Footage: 1,326 Lot Size (sq. ft.): 12,284 Status: Active

Current Price: $1,100,000 List Date: 5/23/2025 Last Modified: 7/17/2025

Description

ATTENTION-INVESTMENT BUYERS! Extraordinary Restaurant Building in the heart of Southport's desirable Watertower Bus. Dist. Owner is seeking Buyer for oversized commercial property which includes the Restaurant Building, Attached Kitchen/Equip. & Fixtures (i.e. Hood, Sinks, Lighting, etc). New in 2022 - HVAC, Interior/Exterior Paint,+Attached Equipment & Mechanicals, Landscaping & Irrigation. Currently this Charming Cottage is Tenant Occupied by one of Southport's most acclaimed Restaurants with Seating for 40+ Guests with Indoor, Enclosed Porch & Bar Seating. All available in an Intimate, elegant setting. Current Tenant's Lease is through May of 2027. May want to extend with a New Owner. BUSINESS NOT FOR SALE. If you are smart enough to INVEST IN REAL ESTATE - take advantage NOW in one of the most desirable locations ON THE COAST...Southport, NC, noted as America's Best Seaside Town AND in the 7th Fastest Growing County in America right now! Construction Plans, an Included Equipment Inventory List, Lease & Permits AVAILABLE UPON REQUEST FOR REVIEW. DON'T MISS THIS OPPORTUNITY!!!

More Information MLS# 100509420

Contract Info

Available Date: 2025-05-19 Status: Active Delayed Marketing?: No Marketing Start Date: 2025-05-19 Sub-Type: Improved Garage: Private Space: Yes Sale/Lease: Sale Listing Price: 1100000 Current Price: $1,100,000 List Price/SqFt: 829.56 Stipulation of Sale: Standard

Location Information

Street #: 105 Pre Direction: E Street Name: Brown 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 Geo Lat: 33.922073 Geo Lon: -78.019907

Remarks and Showing

Directions to Property: Take Hwy 211 (N How Street) into Historic Southport'Downtown Business District, toward the Waterfront. Left at the Intersection of N Howe and E. Brown - 2nd Restaurant on the Left. Private Parking Available Sign on Property: No

Building Info

New Construction: No

BuildingExt Features

SqFt - Heated (Primary): 1326

Legal and Taxes

Tax Assessed Value: 435760 Deed Book: 4781 Deed Page: 805 Legal: 1 Lot E Brown St Southport Broker Owner: No PID: 237EF002 Tax Identifier: 237ef002 Plat Book: 0000 Plat Page: 0000 Total Real Estate Property Taxes: 3415.46 Special Assessments: None Known Tax Year: 2024 Year Built: 2003 Zoning: SP-BD HOA: No Cobra Zone: Yes Federal Flood Ins Avlbl: Yes

Miscellaneous

Current Use: High End Restaurant

Current Service Providers

Trash Provider: City of Southport Internet Service Provider(s): Multiple

Property Features

Business Type: Food Service; Commercial; Other Showing Instructions: Special Instructions HOA and Neigh Amenities: Beach Access; Beach Rights; Boat Dock; Dog Park; Exercise Course; Heating/Cooling; Jogging Path; Maint - Roads; Park; Picnic Area; Ramp; Restaurant; RV/Boat Storage; Street Lights; Trash; Water; Waterfront Community; See Remarks Attic: Access Only; Attic Fan; Other Construction: Wood Frame Exterior Finish: Composition; See Remarks; Shake Siding Flooring: LVT/LVP Foundation: Crawl Space Fuel Tank: Propane Above Ground Fuel Tank Ownership: Leased Parking Features: Additional Parking; Aggregate; Attached; Circular Driveway; Detached; Gravel; Lighted; Off Street; On Site; Parking Lot; Private; Public; Other; See Remarks Roof: Metal Lot Description: Level; See Remarks Current Use: Commercial; Other Location: Cent Business District; Freestanding; Historic District; See Remarks Lot Water Features: Water Access Comm Cooling: Attic Fan; Central Air; Heat Pump; Other Heating: Heat Pump Heating System Fuel Source: Electric Water Heater: Tankless Utilities: Electricity Connected; Phone Available; Sewer Tap Available; Water Available; Other; See Remarks Sewer: Municipal Sewer Water Source: Municipal Water Terms: Cash; Conventional

Listing Office: RE/MAX Southern Coast

Last Updated: July - 17 - 2025

105 E Brown Street, Southport, NC 28461- MLS# 100509420

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105 E Brown Street, Southport, NC 28461 (MLS# 100509420)

105 E Brown Street, Southport, NC 28461 (MLS# 100509420)