49252 NC 12 - Restaurant FOR SALE


Buxton, NC 27920
$1,100,000 USD
49252 NC 12, Buxton, NC for Sale
$1,100,000 USD
Restaurant - FOR SALE
1/84
null | Request Cap Rate

49252 NC 12
Buxton, NC 27920


OVERVIEW

Prime coastal restaurant and entertainment property offering exceptional investment versatility with 50,000 weekly visitors to Buxton during peak season. Purchase the real estate ($1.1M) and operating business ($550K) for a total of $1,650,000 The established venue features 75-seat upstairs dining, an unutilized kitchen downstairs that can be used for a bakery, pizza kitchen, catering, storage, etc., a game room, 31 parking spaces, spectacular sunset views, and an on-site income-generating short or long term rental. urrently operates March-October, with a strong community reputation and a loyal staff. Immediate value-add opportunities include activating the pizza or bakery concept, expanding to year-round operations, introducing live entertainment and events, and maximizing the game room for family traffic and private rentals. Recently updated infrastructure includes new hood systems, a 5-year-old roof, and dedicated grease traps and septic tanks, new floor in the prep area. Ideal for restaurant operators, hospitality groups, or investor-operators seeking a branded, cash-flowing asset with clear expansion pathways in a proven location.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$198 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.25 AC

LAND SF

54,450 SF

ZONING

C

APN/PARCEL ID

016686000

ASK ABOUT THIS PROPERTY

Paulina BohorquezElite Commercial GroupMore Info

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Paulina BohorquezElite Commercial GroupMore Info

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