Investment Opportunity in Southport's Business District! This rare mixed-use condo in the heart of Southport offers a fantastic opportunity for investors. Located within the Cape Fear Mercantile Center, this two-story unit is situated in a desirable area of Howe Street, surrounded by a variety of shops and restaurants, all within walking distance. Key Features: Property is Fully Leased: The 1,104 SF ground floor is occupied by a thriving retail bakery, and the 1,110 SF second level is a leased one-bedroom residence. Prime Location: Positioned in a busy commercial district, ideal for high foot traffic and local engagement. Don't miss your chance to own a prime piece of Southport real estate. HOA Dues are approximately $2500-3000 / Yearly. Buyers are encouraged to review the Covenants, Conditions, and Restrictions prior to purchase. Property is located in the vicinity of former Towngate Cleaners, a site identified by the NC DEQ under the DSCA program. More information available on property fact sheet.
MLS# | 100478996 |
---|---|
Listing Type | For Sale |
HOA Dues | $3,000 |
Sub-Type | Resale |
Status | Active |
Year | 2000 |
Days On Site | 44 |
Listing Provided By | Margaret Rudd Assoc/O.I. | Jonathan R McLaughlin |
SQ Feet | 2,124 |
---|---|
Zoning | BD |
State | NC |
---|---|
County | Brunswick |
City | Southport |
Zip Code | 28461 |
Area | Brunswick |
Community Name | Not In Subdivision |
Listing VS Median (in Not In Subdivision) | |
Price: $875,000 low | high Med: $275,000 SqFt: 2,124 low | high Med: 1,507 $ / SqFt: $412 low | high Med: $185 On Site: 44 low | high Med: 76.5 |