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4021 Island Drive
N Topsail BeachNC 28460

$850,000
for sale
Tools
Brochure
Size
3,211 Sq Ft.
interior
2.05 Acres
Exterior
Financial
$850,000
Change Currency
$265
Price Per Sqft
$6,029
Annual taxes
Listing Details
Other
Property type
2016
Year Built
2876895
Web Id
100409086
MLS ID
226
Days Posted

Description

4021 Island Drive, N Topsail Beach, NC 28460

Incredible 2nd row Investment Opportunity on Over 2 Acres! Welcome to 4021 Island Drive, a fantastic investment property nestled in the heart of North Topsail Beach, NC. This expansive property, spanning over 2 acres, presents a unique and diverse range of income opportunities. This property is truly a smart investor's dream. It currently features a two-unit building leased to a successful restaurant and a super cool hip local surf shop. In addition, there's income generated from a standalone ice machine, as well as renting out multiple parking spaces on the property year-round to both locals and tourists. What sets this property apart is the location and unobstructed ocean access directly across the st. Don't forget about the exceptional care and maintenance it has received. The building has been meticulously looked after, including recent HVAC updates, a huge outdoor patio and a sturdy metal roof that adds to its longevity and value. The financial stability is noteworthy. All tenants are on long-term modified gross leases, providing a reliable and steady income stream for years to come, offering you peace of mind as an investor. And let's not forget the prime location! Just a stone's throw from the ocean, this property offers easy access to the beautiful sandy shores and is also mere steps away from the serene soundside salt marsh. It's a location that's not just great; it's exceptional. This offering includes two parcels being sold together, allowing for flexibility and potential future development. If you're interested, the restaurant is also available for sale separately, giving you even more investment options. Whether you're a seasoned investor or just getting started, 4021 Island Drive combines an ideal coastal location, multiple income streams, and long-term stability, making it a rare and promising investment opportunity. Don't miss out on this unique chance. Reach out today for more details or to schedule a viewing.

This is an Active listing.

Broker Office Phone Number: 910-777-2200

Copyright © 2024NCRMLS/ Cape Fear Realtors MLS, Inc.. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Price History

datePricevariancetype
5/3/2024$850,000-Listed
6/6/2023$99,500-off market
4/29/2023$99,500 33.62 %Contract
11/1/2021$149,888-Listed
Listing By: Keller Williams Innovate-Wilmington via Data Source: NCRMLS/ Cape Fear Realtors MLS, Inc. 
listing agent: Christian Cardamone Team


Located at 4021 Island Drive, N Topsail Beach, North Carolina 28460, this Other is for Sale with a price of $850,000 USD. The property was built in 2016,. This listing has 3,211 Sq.Ft. of interior space on a lot of 2.05 Acres. See all Homes for Sale in N Topsail Beach.
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