OCEAN ISLE BEACH BUILDING

Retail-Commercial for Sale
Also listed as Shopping Center
Catylist Listing ID: 30328388
Property Subtypes: Free-Standing Building, Mixed Use
Building Size (RSF): 4,480 SF
Gross Land Area: 1.04 Acres
Sale Price: $418,000
Unit Price: $93.30 PSF
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User, Business
Usable Size (USF): 4,480 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/2/2019

Overview / Comments

This building is being sold with 3 additional adjoining lots. See attached document. The building has 4 units, 2 of which are currently leased for $1500.00 per month. Building was built in 2001. There is road frontage on 3 city blocks -,Beach Drive SW, Oak Street SW, and Camelot Drive SW. There is a pump station that supports the capacity of a restaurant.

Additional Details

Nearest MSA: Myrtle Beach-Conway-North Myrtle Beach
County: Brunswick
Tax ID/APN: 242MD041
Zoning: CO-CLD
Retail Clientele: General, Business, Recreation
Property Located Between: Oak and Camelot SW
Property Visibility: Excellent
Largest Nearby Street: Beach Drive SW
Feet of Frontage: 212
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 4,480 SF
Property Condition: Good
Year Built: 2001
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,652 7,487 15,338
Median Age: 43.99 56.95 54.47
Households: 719 3,610 7,167
The information presented herein is provided as is, without warranty of any kind. Neither Cape Fear REALTORS® nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.