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    327 N Topsail Drive

    Surf City, NC 28445
    • $1,900,000
    • STATUS: Active
    • ON SITE: 113 days
    • MLS #: 100244856
    UPDATED: 36 min ago
    $1,900,000
    • 0
      BEDS
    • 0.53
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,618
      SQFT
    • $525
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1960
    County:
    Area:

    School Ratings & Info

    Description

    This property located at 323 and 327 N Topsail Drive is a great Development and investment opportunity in the rapidly growing Surf City Area. The zoning of C1 provides the potential for commercial development in the thriving Central Business Zoning District of Surf City. The infrastructure improvements with the surrounding area points to prosperous economic development for the entire region. The newly improved highways, road system and bridges have created a much easier access and growth potential.Currently the property consists of the well maintained and operated Shorehaven Inn and the neighbor vacant lot. The Inn has 8 rental units generate a consistent income. These furnished apartments produced rental income. Now with the increase of long-term, Airbnb and VRBO exposure, the income potential will increase substantially. The Inn has (5) one bedroom units and (3) two bedroom units. This property contains 23,180 SF of land. With the allowable heights and building density; this property is a prime candidate for a full scale redevelopment. Increased hospitality, retail, and other commercial uses make this very attractive to developers and investors. The current units could maintain a nice income source while going through the developmental and planning process. The low property inventories makes this a rare opportunity.

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    © 2021 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data last updated 2021-03-03T08:56:44.173.
    www.explorewilmingtonhomes.com/homes/111723361
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    327 N Topsail Drive Surf City, NC 28445

    • Price: $1,900,000
    • Status: Active
    • Updated: 36 min ago
    • MLS #: 100244856
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.53
    Acres
    3,618
    SQFT
    $525
    $/SQFT
    1960
    Built
    Neighborhood:
    Surf City
    County:
    Onslow
    Area:
    Surf City
    Property Description
    This property located at 323 and 327 N Topsail Drive is a great Development and investment opportunity in the rapidly growing Surf City Area. The zoning of C1 provides the potential for commercial development in the thriving Central Business Zoning District of Surf City. The infrastructure improvements with the surrounding area points to prosperous economic development for the entire region. The newly improved highways, road system and bridges have created a much easier access and growth potential.Currently the property consists of the well maintained and operated Shorehaven Inn and the neighbor vacant lot. The Inn has 8 rental units generate a consistent income. These furnished apartments produced rental income. Now with the increase of long-term, Airbnb and VRBO exposure, the income potential will increase substantially. The Inn has (5) one bedroom units and (3) two bedroom units. This property contains 23,180 SF of land. With the allowable heights and building density; this property is a prime candidate for a full scale redevelopment. Increased hospitality, retail, and other commercial uses make this very attractive to developers and investors. The current units could maintain a nice income source while going through the developmental and planning process. The low property inventories makes this a rare opportunity.
    Exterior Features

    Exterior Finish See Remarks Foundation Raised Location See Remarks Location Type Island Lot Description See Others Lot Dimensions 233 X 101 Lot Water Features None Number Of Parking Spaces 12 Parking Driveway Off Street Road Type Frontage 2 - 3 Lanes

    Interior Features

    Attic None Basement None Ceiling Height 8.00 Cooling System Wall/Window Unit(S) Flooring See Remarks Heating System Wall/Floor Furnace Sq Ft Total Available 3618.00 Water Heater Electric

    Property Features

    Airport 16+ Miles Auction No City Limits No Cobra Zone No Commercial Features See Remarks Commercial Sub Type Hotel/MotelMixed UseOtherRetail County Highway Less Than 5 Miles County Taxes 5847.00 Electric Provider Duke Progress Energy Federal Flood Ins Avlbl Yes Financial Info Yes Fuel Tank None Green Building Features None Hoa Amenities See Remarks Hoa YN No Interstate 6 - 10 Miles Lease Types See Remarks New Construction No Occupancy 100.00 Port 16+ Miles Possession At ClosingSubject To Tenant Rights Property Taxes 5847.00 Rail 16+ Miles Sale Lease Includes BuildingsBusinessEquipmentFurnitureLand Sale Or Lease Sale Secondary Subdivision N/A Sewer Provider Surf City State Highway Less Than 5 Miles Stipulation Of Sale None Tax Year 2020 Terms CashConventional Water Provider Surf City Water Sewer Comm Sewer Zoning C1



    Listing information © 2021 NCRMLS
    Listing provided courtesy of Jeffrey G Hovis of Intracoastal Realty Corp.


    © 2021 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data last updated 2021-03-03T08:56:44.173.
     
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    David Cummings Real Estate Team
    1650 Military Cutoff Rd
    Wilmington NC, 28403