116 N Howe Street

Southport, NC 28461 / Not In Subdivision

MLS ID# 100316075 Closed
Improved

Get directions

Closed $1,250,000

0.2 acres

• Images
• Map

View Larger

 

• Description
• Location Information
• Building Info
• Building/Ext Features
• Legal and Taxes
• Details
• Video 1

Description

PRIME COMMERCIAL INCOME PRODUCING PROPERTY in the HEART OF SOUTHPORT'S HISTORIC DISTRICT. Three separately metered units plus potential for redevelopment/expansion opportunity. PID 237LG036 116 N. Howe St. (Ports of Call Restaurant) has 37 feet of prime road frontage on Howe Street and includes a 4860 ft2 brick building that houses three separately metered tenants. The ground floor tenant is the restaurant. The second unit is accessed via the front of the building and is a second floor 1410 FT2 four room office suite with half bath. The third unit is accessed from the rear of the building and is a second floor 996 FT2 one bedroom one bath residential unit with short term vacations rental potential. PID 237LG03501 abuts the rear of 116 N. Howe and includes a warehouse type building that connects to the rear of the restaurant and currently serves as the restaurant's kitchen area. This parcel has frontage on I Am Street. The rear portion of the warehouse contains about 587 FT2 of unconditioned space with a roll up door on I Am Street.This space is currently not leased but is owner occupied storage and is plumbed for a bath. Opportunities abound with this property. Take advantage of this investment opportunity by making improvements to increase potential rental income. Or consider redevelopment of the rear tract. CBD Zoning offers zero lot line development opportunities with a 40 foot height limit. PRIME COMMERCIAL INCOME PRODUCING PROPERTY in the HEART OF SOUTHPORT'S HISTORIC DISTRICT. Three separately metered units plus potential for redevelopment/expansion opportunity. PID 237LG036 116 N. Howe St. (Ports of Call Restaurant) has 37 feet o... show more

Location Information

• Street # 116
• Pre Direction N
• Street Name Howe
• Street Suffix Street
• County Brunswick
• City Southport
• StateProvince NC
• Zip Code 28461
• City Limits Yes
• Marketing City Southport
• Subdivision Not In Subdivision
• Secondary Subdivision N/A

New Construction

No

Building/Ext Features

• Lot Acres 0.2
• Lot SqFt 8712
• Lot Dimensions Irregular
• SqFt - Heated (Primary) 5084
• Location Type Mainland

Legal and Taxes

• Tax Assessed Value 981243
• Deed Book 766
• Deed Page 789
• Legal L-37X66
• Broker Owner No
• PID 237LG036
• Tax Identifier 237lg000
• Plat Book .
• Plat Page .
• Special Assessments none
• Tax Year 2021
• Year Built 1953
• Zoning CBD
• HOA No
• Cobra Zone No
• Federal Flood Ins Avlbl No

Details

• Sale/Lease Includes

  Buildings

• Road Type/Frontage

  Paved, Public (City/Cty/St)

• Terms

  Cash, Conventional