Restaurant Sports Bar
302 Western Boulevard Jacksonville, NC 28546
For Sale
$2,550,000
COMMERCIAL - Jacksonville, NC
Property Size6,390 SF
Lot Size1.60 Acres
Price / SF$399.06
Days on Market103
Property Features for 302 Western Boulevard
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
CC
Standard status
Active
APN
346-48.1
Size
6,390 SF
Lot size
1.60 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
SR 1470
Tax Annual Amount
13423
Utilities
Heating system
Electric (Heating)
Building Details
Year built
2013
Listing Agency:
Joe Powers Realty
(910) 934-0339
Listed By:
Joseph Powers · License #202896
(910) 934-0339
Added: Apr 16
Changed: Jul 2
Last Checked: Jul 27 at 10:06PM
MLS# 100567754
Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 1.6-acre commercial site includes a spacious building of 6,390 square feet that is well suited for a restaurant or sports bar concept. The property is configured to support customer and staff needs, with an expansive parking area intended to handle higher volume use. The site is being offered for sale, and it is also available for lease.
Located along Western Boulevard in Jacksonville, North Carolina, the property benefits from high-visibility placement on a heavily traveled corridor. The larger lot and parking footprint are designed to provide straightforward access for patrons and vehicles associated with day-to-day operations.
For operators or buyers seeking a ready restaurant-style facility, the combination of building size, parking capacity, and commercial zoning (CC) supports a range of neighborhood-oriented dining and beverage uses that fit the restaurant and bar category. Whether you plan to occupy as an owner-user or structure a leasing approach, this property’s physical setup is aligned with sports bar or similar hospitality applications.
Located along Western Boulevard in Jacksonville, North Carolina, the property benefits from high-visibility placement on a heavily traveled corridor. The larger lot and parking footprint are designed to provide straightforward access for patrons and vehicles associated with day-to-day operations.
For operators or buyers seeking a ready restaurant-style facility, the combination of building size, parking capacity, and commercial zoning (CC) supports a range of neighborhood-oriented dining and beverage uses that fit the restaurant and bar category. Whether you plan to occupy as an owner-user or structure a leasing approach, this property’s physical setup is aligned with sports bar or similar hospitality applications.
Key Highlights
- 1.6‑acre commercial property on heavily traveled Western Blvd with high‑visibility exposure
- Spacious building suited for a restaurant, sports bar, or similar concept
- Large parking area with ample space for customers and staff
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $115.0k | $18.00 |
| − Vacancy | −$5.8k | −$0.90 |
| EGI | $109.3k | $17.10 |
| − OpEx | −$27.3k | −$4.27 |
| NOI | $82.0k | $12.83 |
6,390 SF · lease $18.00/SF/yr · vacancy 5.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.17M
$1.02M – $1.37M
NOI $81,952 @ 7.0% cap · market cap 3.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.39M
$1.21M – $1.62M
NOI $97,169 @ 7.0% cap · market cap 3.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Large restaurant-sports bar building with expansive parking and CC zoning on heavily traveled Western Blvd.
Where is this conventional restaurant located?
The property is located at 302 Western Boulevard Jacksonville, NC.
What is the asking price?
The asking price for this property is $2,550,000.
What are key features of this property?
This property features: 1.6‑acre commercial property on heavily traveled Western Blvd with high‑visibility exposure; Spacious building suited for a restaurant, sports bar, or similar concept; Large parking area with ample space for customers and staff
