8600 E Oak Island Drive, #1

Oak Island, NC 28465 / Tranquil Harbor

MLS ID# 100198212 Closed
Improved

Get directions

Closed $595,000

0.51 acres

• Images
• Map

View Larger

 

• Description
• Location Information
• Building Info
• Building/Ext Features
• Legal and Taxes
• Details

Description

A unique Oak Island investment offering with incredible high traffic activity. Located on the premier strip of the island, a highly visible strip plaza consisting of 7 units, one of which is a free standing building occupied by a Dominoes franchise. (Soon To Be Entering its 6th 5 year lease). All Leases are actively in place with long term tenancy, generating a total of $78,490.20 annually. With 179 feet of road frontage, this well established plaza has strong visibility with minimal maintenance and low expenses. An income/expense report is available. Far superior to an island beach rental with solid long term 'no hassle' tenancy and year round occupancy. Seller will consider partial seller financing. Contact list agent for details. A unique Oak Island investment offering with incredible high traffic activity. Located on the premier strip of the island, a highly visible strip plaza consisting of 7 units, one of which is a free standing building occupied by a Dominoes franchise... show more

Location Information

• Street # 8600
• Pre Direction E
• Street Name Oak Island
• Street Suffix Drive
• Unit # 1
• County Brunswick
• City Oak Island
• StateProvince NC
• Zip Code 28465
• City Limits Yes
• Subdivision Tranquil Harbor
• Secondary Subdivision N/A

New Construction

No

Building/Ext Features

• Lot Acres 0.51
• Lot SqFt 22216
• Lot Dimensions 179X126x178x125
• SqFt - Heated (Primary) 9569
• Location Type Island

Legal and Taxes

• Tax Assessed Value 614920
• Deed Book 859
• Deed Page 145
• Legal L-1-7 B-HH YB
• Broker Owner Yes
• PID 250CH00601
• Tax Identifier 250ch00601
• Plat Book 3
• Plat Page 112
• Special Assessments None Known
• Tax Year 2018
• Year Built 1965
• Zoning OK-CB
• HOA No
• Cobra Zone No

Details

• Sub-Type

  Food Service, Retail, Shopping Center

• Attic

  None

• Basement

  None

• C & I Features

  Delivery Door, Overhead Doors, Refrig Storage, Walk-in Cooler

• Construction

  Block, Brick/Stone

• Exterior Finish

  Block, Brick Veneer

• Flooring

  Concrete

• Foundation

  Slab

• Fuel Tank

  None

• Green Bldg Features

  None

• Sale/Lease Includes

  Buildings, Land

• Parking Features

  Off Street, Paved

• Road Type/Frontage

  2 - 3 Lanes, Public (City/Cty/St)

• Roof

  Shingle

• Lot Description

  Corner Lot

• Cooling

  Central

• Heating

  Forced Air

• Water Heater

  Electric

• Utilities

  City Water, Municipal Sewer

• Current Service Providers

  Electric Provider:Brunswick Electric

• Financial Info

  Gross Income:78490.2, Real Estate Taxes:6228

• Terms

  1031 Exchange, Cash, Conventional, Seller Financing