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4021 Island Drive

North Topsail Beach, NC 28460
  • $900,000
  • STATUS: Active
  • ON SITE: 134 Days
  • ID#: 100409086
UPDATED: 61 min ago
$900,000
  • 0
    BEDS
  • 2.05
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,211
    SQFT
  • $280
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
2016
County:

School Ratings & Info

Description

Incredible 2nd row Investment Opportunity on Over 2 Acres!Welcome to 4021 Island Drive, a fantastic investment property nestled in the heart of North Topsail Beach, NC. This expansive property, spanning over 2 acres, presents a unique and diverse range of income opportunities.This property is truly a smart investor's dream. It currently features a two-unit building leased to a successful restaurant and a super cool hip local surf shop. In addition, there's income generated from a standalone ice machine, as well as renting out multiple parking spaces on the property year-round to both locals and tourists.What sets this property apart is the location and unobstructed ocean access directly across the st. Don't forget about the exceptional care and maintenance it has received. The building has been meticulously looked after, including recent HVAC updates, a huge outdoor patio and a sturdy metal roof that adds to its longevity and value.The financial stability is noteworthy. All tenants are on long-term modified gross leases, providing a reliable and steady income stream for years to come, offering you peace of mind as an investor.And let's not forget the prime location! Just a stone's throw from the ocean, this property offers easy access to the beautiful sandy shores and is also mere steps away from the serene soundside salt marsh. It's a location that's not just great; it's exceptional.This offering includes two parcels being sold together, allowing for flexibility and potential future development. If you're interested, the restaurant is also available for sale separately, giving you even more investment options.Whether you're a seasoned investor or just getting started, 4021 Island Drive combines an ideal coastal location, multiple income streams, and long-term stability, making it a rare and promising investment opportunity.Don't miss out on this unique chance. Reach out today for more details or to schedule a viewing.

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Mid Carolina MLS logo© 2024 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data last updated 2024-02-22T15:23:55.603.
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4021 Island Drive North Topsail Beach, NC 28460

  • Price: $900,000
  • Status: Active
  • On Site: 134 Days
  • Updated: 61 min ago
  • ID#: 100409086
0
Beds
0
Baths
0
½ Baths
2.05
Acres
3,211
SQFT
$280
$/SQFT
2016
Built
Neighborhood:
Not In Subdivision
County:
Onslow
Area:
North Topsail Beach
Property Description
Incredible 2nd row Investment Opportunity on Over 2 Acres!Welcome to 4021 Island Drive, a fantastic investment property nestled in the heart of North Topsail Beach, NC. This expansive property, spanning over 2 acres, presents a unique and diverse range of income opportunities.This property is truly a smart investor's dream. It currently features a two-unit building leased to a successful restaurant and a super cool hip local surf shop. In addition, there's income generated from a standalone ice machine, as well as renting out multiple parking spaces on the property year-round to both locals and tourists.What sets this property apart is the location and unobstructed ocean access directly across the st. Don't forget about the exceptional care and maintenance it has received. The building has been meticulously looked after, including recent HVAC updates, a huge outdoor patio and a sturdy metal roof that adds to its longevity and value.The financial stability is noteworthy. All tenants are on long-term modified gross leases, providing a reliable and steady income stream for years to come, offering you peace of mind as an investor.And let's not forget the prime location! Just a stone's throw from the ocean, this property offers easy access to the beautiful sandy shores and is also mere steps away from the serene soundside salt marsh. It's a location that's not just great; it's exceptional.This offering includes two parcels being sold together, allowing for flexibility and potential future development. If you're interested, the restaurant is also available for sale separately, giving you even more investment options.Whether you're a seasoned investor or just getting started, 4021 Island Drive combines an ideal coastal location, multiple income streams, and long-term stability, making it a rare and promising investment opportunity.Don't miss out on this unique chance. Reach out today for more details or to schedule a viewing.
Exterior Features

Location Type Island Lot Dimensions irreg

Interior Features

Sq Ft Apx Total 3211.00 Sq Ft Total Available 3211.00

Property Features

Auction No City Limits Yes Cobra Zone No Commercial Sub Type CommercialFood ServiceRetail Current Use1 CommercialRecreationalRetail Frontage Type See Remarks Lease Types Modified New Construction No Possession At ClosingSubject To Tenant Rights Property Taxes 6029.24 Sale Lease Includes BuildingsSee Remarks Sale Or Lease Sale Secondary Subdivision N/A Stipulation Of Sale None Tax Year 2023 Terms 1031 ExchangeCashConventional View Type Ocean ViewSound ViewWater View Zoning B-1



Mid Carolina MLS logo Listing information © 2024 NCRMLS
Listing courtesy of Christian Cardamone Team of Keller Williams Innovate-Wilmington: (910) 777-2200.


Mid Carolina MLS logo© 2024 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data last updated 2024-02-22T15:23:55.603.
 
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Mossy Oak Properties Land and Luxury
114 Morlake Drive Suite 103
Mooresville NC, 28117