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6220 E Oak Island Drive, Oak Island, NC 28465

$1,600,000
Property Type: Comm Sale or Lease Square Footage: 2,000 Lot Size (sq. ft.): 10,500 Status: Closed
Current Price: $1,600,000 List Date: 10/12/2024 Last Modified: 5/21/2025

Overview

Description

Rare Commercial restaurant opportunity on Oak Island. This is one of the few operating restaurants with on site parking on the Island and is the ONLY one available for sale. Situated on a corner lot with 20' public road in rear provides easy ingress/egress. This has been an established location and thriving local business for many years. Owner of real estate currently leases the building to tenant providing you with an opportunity to let them continue doing the work & collecting lease payments. Most equipment & fixtures convey with sale. Seller will entertain owner financing with reasonable down payment. This is a rare opportunity & you will not want to miss this!

Listing Details MLS# 100470732

Contract Info

Delayed Marketing?
No
Marketing Start Date
2024-10-08
Sub-Type
Improved
Garage
Masterlock
Sale/Lease
Sale
Listing Price
1750000
List Price/SqFt
875
Stipulation of Sale
Standard

Location Information

Street #
6220
Pre Direction
E
Street Name
Oak Island Drive
County
Brunswick
State/Province
NC
Zip Code
28465
City Limits
Yes
Marketing City
Oak Island
Subdivision
Not In Subdivision
Secondary Subdivision
N/A

Remarks and Showing

Directions to Property
East Oak Island Drive and corner of 63rd
Sign on Property
No

Building Info

New Construction
No

BuildingExt Features

SqFt - Heated (Primary)
2000

Legal and Taxes

Tax Assessed Value
563000
Deed Book
3300
Deed Page
1386
Legal
Lots 10, 11,12 & Eastern ½ 9 Block 24 Section 4 PI 5/41 Th .24Ac
Broker Owner
No
PID
236PE006
Tax Identifier
236pe006
Plat Book
5
Plat Page
41
Special Assessments
None
Tax Year
2024
Year Built
1970
Zoning
Commercial
HOA
No
Cobra Zone
No

More Information

Status Change Info

Under Contract Date
2024-11-04
Sold Date
2024-12-18

Miscellaneous

Occupancy
82

Current Service Providers

Electric Provider
Brunswick Electric

Building/Ext Features

Lot Acres
0.24
Lot SqFt
10500
Lot Dimensions
70 x150
Location Type
Island

Business Type

Food Service
Yes
Commercial
Yes

Current Use

Commercial
Yes

Construction

Wood Frame
Yes

Exterior Finish

Vinyl Siding
Yes

Terms

Cash
Yes
Conventional
Yes
Seller Financing
Yes

Foundation

Slab
Yes

Flooring

Brick
Yes
Concrete
Yes

Parking Features

Gravel
Yes
Off Street
Yes
On Site
Yes

Sale/Lease Includes

Buildings
Yes
Equipment
Yes
Fixtures
Yes
Furniture
Yes
Land
Yes

Lot Description

Corner Lot
Yes

Road Type/Frontage

Paved
Yes
Public (City/Cty/St)
Yes

Location

Freestanding
Yes

Heating System Fuel Source

Electric
Yes

Utilities

Water Available
Yes

Water Source

Municipal Water
Yes

Sewer

Municipal Sewer
Yes

Property Features

Business Type: Food Service; Commercial Construction: Wood Frame Exterior Finish: Vinyl Siding Flooring: Brick; Concrete Foundation: Slab Parking Features: Gravel; Off Street; On Site Lot Description: Corner Lot Current Use: Commercial Location: Freestanding Heating System Fuel Source: Electric Utilities: Water Available Sewer: Municipal Sewer Water Source: Municipal Water Terms: Cash; Conventional; Seller Financing
Listing Office: Art Skipper Realty Inc.
IDX
Last Updated: May - 21 - 2025
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