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
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.
More Information MLS# 100370633
Contract Info
Available Date: 2023-02-23
Status: Closed
Delayed Marketing?: No
Marketing Start Date: 2023-02-22
Sub-Type: Improved
Sale/Lease: Sale
Auction: No
Listing Price: 1550000
Current Price: $1,450,000
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
Geo Lat: 34.706835
Geo Lon: -76.738176
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
Status Change Info
Under Contract Date: 2023-06-07
Sold Price: $1,450,000
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
Listing Office: Realty World First Coast Rlty
Last Updated: May - 14 - 2025
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