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    887 Albacore Street

    Corolla, NC 27927
    • $360,000
    • STATUS: Closed
    • ON SITE: 315 days
    • MLS #: 107260
    Sold - 05/11/2020
    $360,000
    SOLD - 05/11/2020
    • 0
      BEDS
    • 0.06
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    2001
    County:

    School Ratings & Info

    Description

    Calling all Restauranteurs! For experienced or new operator, this turnkey location benefits from steady pedestrian traffic in the Monterey Plaza Food Lion Shopping Center, built by Bob DeGabriel. The last tenant spent $150K on build-out, and all FF&E including 2 walk-in coolers and fully equipped kitchen convey by separate bill of sale. Expand your current restaurant holdings, or start something new and fulfill your dream of living/investing/working at the beach! Join Subway, Dairy Queen, Dunkin, movie theater and more. Corolla attracts large family crowds in-season, and a 98 seat restaurant is a rare commodity. This shopping center has higher customer traffic and is a better performer than Timbuck II across the road. Ample parking. Lock up this space now before The MId-Currituck Bridge is built, which will allow quick and easy access between Rt. 158 on the mainland, and the beach road 12 in Corolla. (see www.ncdot/projects/mid-currituck- bridge) The completion of the bridge will shorten the trip from the mainland to a mere 8 miles, and will increase growth and tourism year round. This location has a captive customer base with no worries about maintaining parking lot or grounds. Cooled by 3 HVAC units; 50-year rubber membrane roof installed in 2005. IMPORTANT NOTE: Be sure to download the Property Information Package and Shopping Center Documents. They contain vital due diligence, inventory list, past financials, appraisal and more.

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    © 2020 Outer Banks Association of Realtors MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Matt Myatt | Keller Williams. Data last updated: 2020-09-22T10:37:41.017.
    www.mattmyatt.com/homes/100814140
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    887 Albacore Street Corolla, NC 27927

    • Price: $499,000
    • Status: Closed
    • Updated: 34 min ago
    • MLS #: 107260
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.06
    Acres
    2001
    Built
    Neighborhood:
    Corolla Oceanside
    County:
    Currituck
    Area:
    Corolla Oceanside
    Property Description
    Calling all Restauranteurs! For experienced or new operator, this turnkey location benefits from steady pedestrian traffic in the Monterey Plaza Food Lion Shopping Center, built by Bob DeGabriel. The last tenant spent $150K on build-out, and all FF&E including 2 walk-in coolers and fully equipped kitchen convey by separate bill of sale. Expand your current restaurant holdings, or start something new and fulfill your dream of living/investing/working at the beach! Join Subway, Dairy Queen, Dunkin, movie theater and more. Corolla attracts large family crowds in-season, and a 98 seat restaurant is a rare commodity. This shopping center has higher customer traffic and is a better performer than Timbuck II across the road. Ample parking. Lock up this space now before The MId-Currituck Bridge is built, which will allow quick and easy access between Rt. 158 on the mainland, and the beach road 12 in Corolla. (see www.ncdot/projects/mid-currituck- bridge) The completion of the bridge will shorten the trip from the mainland to a mere 8 miles, and will increase growth and tourism year round. This location has a captive customer base with no worries about maintaining parking lot or grounds. Cooled by 3 HVAC units; 50-year rubber membrane roof installed in 2005. IMPORTANT NOTE: Be sure to download the Property Information Package and Shopping Center Documents. They contain vital due diligence, inventory list, past financials, appraisal and more.
    Exterior Features

    Construction Masonry Foundation Slab Lot Description Level Parking Garage 1-25 SpacesParking LotPaved Roads PavedPublic Roof Rubber Waterfront Location None

    Interior Features

    Air Conditioning Heat Pump Heating Heat Pump Restaurant Sq Ft 2550

    Property Features

    Bank Owned YN No Business Or Real Estate Bldg/Land Simple Commercial Features Equip. Conveys Commercial Type Restaurant Financing Options Cash Flood Zone Unknown Gross Income Range 0- $30000 Possession At Closing Potential Short Sale No Sewer Septic Municipal Sewer Tax Year 2019 Taxes 1997.04 Water Municipal Water Zoning Business

    Listing courtesy of Linda Terry of Tranzon Fox Auctions.


    © 2020 Outer Banks Association of Realtors MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Matt Myatt | Keller Williams. Data last updated: 2020-09-22T10:37:41.017.
     
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