Mixed Use,Office,Retail - Ocean Isle Beach, NC
Well constructed 2009, brick mixed use building located on busy Beach Drive in Ocean Isle Beach with 2 commercial spaces, 2 luxury residential apartments with active billboard. Gross revenues are $54,000 per year. All units are completely leased. NOI is approximately $43,965. Commercial Rentals: $800 each per month; Residential: $1,100 & $1,200 per month; billboard $600 per month. Commercial units are roughly 1,050 sq/ft. Residential units are 3 Br/2BA, approximately 1,500 sq/ft and include a finished 2 car garage, granite counter tops, open floor plans, wood and tile floors in main living areas, tile walk-in showers, screened porches. Building design includes area to add an elevator. Separate utility meters for all tenants.
Would you like more information regarding this property?
Please call (910) 575-3031.
Data Provided by NCRMLS/Brunswick County MLSMore Information for this listing