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12 E 1st Street, Ocean Isle Beach, NC 28469

$2,900,000
Property Type: Comm Sale or Lease Square Footage: 6,663 Lot Size (sq. ft.): 6,970 Status: Closed
Current Price: $2,900,000 List Date: 9/03/2023 Last Modified: 3/02/2024

Overview

Description

A rare find! This building has been a staple in Ocean Isle Beach for many years. Oceanfront, next to the pier and center of town. Parking on site and across the street, with lots of walk-in traffic. Building is currently used as an arcade, restaurant and surf shop. There is a lot across the street that conveys parking..

Listing Details MLS# 100403222

Contract Info

Available Date
2023-02-01
Delayed Marketing?
No
Marketing Start Date
2023-09-03
Sub-Type
Improved
Garage
N/A
Sale/Lease
Sale
Auction
No
Listing Price
2995000
List Price/SqFt
449.47
Stipulation of Sale
Standard

Location Information

Street #
12
Pre Direction
E
Street Name
1st
Street Suffix
Street
County
Brunswick
State/Province
NC
Zip Code
28469
City Limits
Yes
Marketing City
Ocean Isle Beach
Subdivision
Not In Subdivision
Secondary Subdivision
N/A

Remarks and Showing

Directions to Property
Wilmington Head southeast on State Rd S-26-852 toward Hwy 17 S (23 ft) NC-179 N and Old Georgetown Rd SW to Causeway Dr (12.5 mi) Follow Causeway Dr to E 1st St in Ocean Isle Beach 3 min (1.3 mi) 12 E. First St. Ocean Isle
Sign on Property
Yes

Building Info

New Construction
No

BuildingExt Features

SqFt - Heated (Primary)
6663.43

Legal and Taxes

Tax Assessed Value
901480
Total City Real Estate Property Tax
3897.79
Deed Book
04658
Deed Page
1273
Legal
: L-16 B-5 S-C OIB Plat 3/179 257DA014 L-6 B-6 S-C OIB PL 3/179 257DF004
Broker Owner
No
PID
257DA014
Tax Identifier
257da014
Plat Book
3865
Plat Page
538
Special Assessments
none
Tax Year
2023
Year Built
1970
Zoning
C2
Cobra Zone
No

More Information

Status Change Info

Under Contract Date
2023-09-21
Sold Date
2024-03-01

Current Service Providers

Electric Provider
Brunswick Electric
Internet Service Provider(s)
Spectrum
Sewer Provider
Brunswick County Public Utilities
Water Provider
Brunswick County Public Utilities

Building/Ext Features

Lot Acres
0.16
Lot SqFt
6970
Lot Dimensions
50x150
SqFt - Total Available
7577
Location Type
Island

Business Type

Mixed
Yes

Current Use

Commercial
Yes

Attic

Scuttle
Yes

Basement

None
Yes

C & I Features

Delivery Door
Yes
Fire Supression
Yes
Security System
Yes
Storage Inside
Yes
Walk-in Cooler
Yes

Frontage Type

Oceanfront
Yes

View Type

Ocean
Yes

Construction

Block
Yes
Concrete
Yes
Wood Frame
Yes

Lot Water Features

Ocean Side
Yes

Exterior Finish

Stucco
Yes
Wood Siding
Yes

Terms

Cash
Yes
Conventional
Yes

Foundation

Slab
Yes

Flooring

Carpet
Yes
Concrete
Yes
Tile
Yes

Fuel Tank

Propane Above Ground
Yes

Fuel Tank Ownership

Leased
Yes

Green Bldg Features

None
Yes

Parking Features

Concrete
Yes
Detached
Yes
Gravel
Yes

Sale/Lease Includes

Buildings
Yes
Land
Yes

Roof

Shingle
Yes
Wood Joists/Truss
Yes

Lot Description

Oceanfront
Yes

Road Type/Frontage

Maintained
Yes
Paved
Yes
Public (City/Cty/St)
Yes

Road/Trans Access

Airport
Less than 5 Miles
County Highway
Less than 5 Miles
Interstate
6 - 10 Miles

Cooling

Central Air
Yes

Location

Freestanding
Yes

Heating

None
Yes
Other
Yes

Heating System Fuel Source

Electric
Yes

Water Heater

Electric
Yes

Sewer

Municipal Sewer
Yes

Property Features

Business Type: Mixed Attic: Scuttle Basement: None Frontage Type: Oceanfront View Type: Ocean Construction: Block; Concrete; Wood Frame Exterior Finish: Stucco; Wood Siding Flooring: Carpet; Concrete; Tile Foundation: Slab Fuel Tank: Propane Above Ground Fuel Tank Ownership: Leased Green Bldg Features: None Parking Features: Concrete; Detached; Gravel Roof: Shingle; Wood Joists/Truss Lot Description: Oceanfront Current Use: Commercial Location: Freestanding Lot Water Features: Ocean Side Cooling: Central Air Heating: None; Other Heating System Fuel Source: Electric Water Heater: Electric Sewer: Municipal Sewer Terms: Cash; Conventional
IDX
Listing Office: Sloane Commercial
Last Updated: March - 02 - 2024
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