817 Cedar ST, Beaufort, NC 28516
817 Cedar ST, Beaufort, NC 28516
817 Cedar ST, Beaufort, NC 28516
817 Cedar ST, Beaufort, NC 28516
817 Cedar ST, Beaufort, NC 28516
817 Cedar ST, Beaufort, NC 28516
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$ 869,000
Est. payment | /mo

1,566 SqFt


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$ 869,000
Est. payment | /mo
Save

1,566 SqFt

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 1,566 sqft

Price per Sqft $554

Subdivision Not In Subdivision

MLS Listing ID 100553523

Style Wood Frame

HOA Y/N No

Year Built 1961

Lot Size 0.277 Acres

Acres 0.28

Lot Dimensions 110 x 110 x 110 x 110

Property Sub-Type Business

Source Hive MLS

Property Description

Wonderful opportunity to own a high-volume, ''local favorite'' breakfast diner located just three blocks from Front Street in the heart of downtown Beaufort, North Carolina. Situated on a prime corner lot with a traffic stoplight, this property boasts exceptional visibility and accessibility, including a drive-through window and an outdoor seating area. Currently seating approximately 50 people, the establishment has been remodeled, featuring new kitchen equipment, a new roof, and a new HVAC system. Operating strictly on breakfast hours, the business is currently generating substantial profit. The property is currently run by an absentee owner with a reliable staff of 4-5 employees, making it perfectly suited for a hands-on operator who can maximize profits by replacing 1-2 shifts and driving this expansion. Furthermore, the property is zoned CSMU (Commercial/Mixed-Use), allowing for diverse future development opportunities. Owner is divesting to reinvest capital into other business ventures. Please note that this is a confidential listing; Interested parties must not visit the site to discuss the sale or speak with employees, and all inquiries must be directed through the listing agent. Artistic renderings are used to protect the identity of the business while representing the property's layout and potential. Owner is also willing to discuss some partial owner financing. This establishment holds untapped potential of increase in revenue immediately, simply by extending hours to include lunch, which is in high demand in this immediate area.

Location

State NC

County Carteret

Community Not In Subdivision

Zoning CSMU

Direction Live Oak Street into Beaufort, corner of Live Oak and Cedar Street.

Location Details Mainland

Interior

Heating Coal, Electric, Heat Pump

Cooling Central Air

Flooring Tile

Exterior

Parking Features On Site, Paved

Utilities Available Water Available

Waterfront Description None

Roof Type Membrane

Garage No

Building

Lot Description Corner Lot

Foundation Slab

Water Public

New Construction No

Others

Tax ID 730618309415000

Special Listing Condition Standard

Hive MLS / Savannah / Classic / (NCRMLS) / Cape Fear Realtors
Listed by Legacy Real Estate Group

Nearby Locations

Alexus “Lexy” Myers

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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817 Cedar ST