4021 Island Drive North Topsail Beach, NC $ 825,000
4021 Island Drive
$ 825,000
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4021 Island Drive

North Topsail Beach, NC, 28460
$ 825,000
Baths0.0 Sq 3,211

Monthly Estimate*

$ 5,483

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View a Virtual Tour
Studio Commercial Property for sale in North Topsail Beach, NC for $825,000. This 3,211 square foot building was built in 2016 on a lot size of 2.05.

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.

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Commercial Active

Price

$ 825,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 6,029

Style

Commercial,Food Service,Retail

Lot Size

2.05

Year Built

2016

Town/City

North Topsail Beach

County/Region

ONSLOW

MLS | Web ID

100409086

Features
General
Possession At Closing Subject To Tenant Rights
current use Commercial Recreational Retail
Zoning B-1
New Construction No
Subdivision Not In Subdivision
County Onslow
Stipulation of Sale None
Property Type G
Terms 1031 Exchange Cash Conventional
Auction No
Tax Year 2023
Status Active
Lot Sqft 89298.00
Days on Market 234
City Limits Yes
Sub-Type Commercial Food Service Retail
Year Built 2016
City North Topsail Beach
Virtual Tour https://my.matterport.com/show/?m=HbAdJAuApRN&mls=1
Location Type Island
Street Name Island
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Exterior
Lot Dimensions irreg
Lot Acres 2.05
Frontage Type See Remarks
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Interior
List Price/SqFt 256.93
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* Excluded Features
List By
Christian Cardamone

Listing Agent

Keller Williams Innovate-Wilmington

Broker

christiancardamone@gmail.com

Email

Affordability Calculator

$5,986
Per Month
92%
8%
0%
Monthly Principal & Interest
$5,483
Monthly Property Taxes
$502
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3960720 Elementary School
3960847 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/9/2024$825,000 -2.94% Price Down
3/11/2024$850,000 -5.56% Price Down
10/10/2023$900,000 Listed Price

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4021 Island Drive, North Topsail Beach, NC, 28460 is a Commercial Property for sale at $825,000 with 3,211 sqft and a lot size of 2.05. 4021 Island Drive is a studio with 0.0 baths and was built in 2016. The property's zip code is 28460 which is in North Topsail Beach, NC