223, 225, 227 Carolina Beach Ave., N Carolina Beach, NC 28428
MLS#: 30335998
$3,000,000

Property Information

Price
$3,000,000
Square Footage
5,351
Minimum RSF
5,351
Zoning
CBD - CENTRAL BUSINESS DISTRICT (TOWN OF CARO

Location

County
New Hanover
City
Carolina Beach
State
NC
Zip
28428
Longitude
-77.8915
Latitude
34.0357

Property Description

Subject includes: +/- 3,076 SF wood-framed restaurant +/- 2,235 SF wood-framed tiki bar +/- 2,332 SF of covered porches +/- 4,953 SF of wood decking and other site improvements The popular SeaWitch Tiki Bar and Caf business and surrounding parking acreage is available for sale. The restaurant was purchased by current owners over 4 years ago and completely remodeled to its current state. Proposed improvements include a rooftop addition above the Tiki Bar to provide ocean views. Sales have increased by over 10% annually and are expected to do the same for the 2018 year. Financials available upon request. The property offers onsite parking, along with a direct connection to the Town of Carolina Beach public parking lot. Live music is offered on the weekends, which attracts locals and tourists alike.

Location

No nearby properties found.
Listing Courtesy of Cape Fear Commercial, LLC