$256.93 Per Sq Foot $4,304 est/mo Sourced by Back At You

4021 Island Drive,North Topsail Beach, NC 28460

North Topsail Beach NC, 28460

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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.

Details

MLS#100409086
Listing TypeFor Sale
StatusActive
Year2016
Days On Site226
Listing Provided ByKeller Williams Innovate-Wilmington | Christian Cardamone

Features

N/A3,211
ZoningB-1
Acreage2.05
Property ViewOcean, Sound View, Water

Market Activity 28460

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Listings Checked: 1 minute ago
StateNC
CountyOnslow
CityNorth Topsail Beach
Zip Code28460
AreaOnslow
Community NameNot In Subdivision
Listing VS Median (in Not In Subdivision)
Price:
$825,000
low | high
Med:
$272,900
100% of Average
SqFt:
3,211
low | high
Med:
1,539
100% of Average
$ / SqFt:
$257
low | high
Med:
$177
80.953638326339% of Average
On Site:
226
low | high
Med:
40
100% of Average
Sourced by Back At You
Listing Updated: May 20, 2024 at 2:59:56 PM PDT