Waterfront Commercial Building with
100 Marina Dr New Bern, NC 28560
New
Large waterfront building with dedicated parking spaces adjoining the commercial structure and marina area.
Type:Commercial
Property size:
11,305 SFLot size:
0.68 AcresPrice / SF:
$353/SF- Added:
- Jul 9, 2026
- Days on Market:
- 2
- Last Refresh:
- Jul 10 at 2:05 am
Property Features for 100 Marina Dr
General Information
- Standard status
- Active
- Size
- 11,305 SF
- Lot size
- 0.68 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1987
Listing office IBX Coastal Living (843) 712-2721
Listing date Jul 9, 2026
Source Beachandforestrealty
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of IBX Coastal Living
Investment Insights
Based on property information with market context.
Positioned along the waterfront, this commercial building at 100 Marina Drive includes approximately 11,305 square feet on about 0.682 acres. The offering also includes approximately 75 dedicated parking spaces (50% ownership) directly adjoining both the commercial structure and the marina area.
Per the property remarks, the site has historically supported a mix of uses including restaurant, bar, retail, office, and residential components. The property is located within the Fairfield Harbour community, and the subject is stated to not be governed by the community HOA, allowing for greater operational flexibility; zoning restrictions are described as having no formal restrictions, with buyer to verify.
Overall, the property is configured as a large-scale waterfront commercial asset with on-site parking and a history of flexible uses, suitable for a range of hospitality and waterfront-oriented concepts or redevelopment plans consistent with the buyer’s verification of use and zoning.
Per the property remarks, the site has historically supported a mix of uses including restaurant, bar, retail, office, and residential components. The property is located within the Fairfield Harbour community, and the subject is stated to not be governed by the community HOA, allowing for greater operational flexibility; zoning restrictions are described as having no formal restrictions, with buyer to verify.
Overall, the property is configured as a large-scale waterfront commercial asset with on-site parking and a history of flexible uses, suitable for a range of hospitality and waterfront-oriented concepts or redevelopment plans consistent with the buyer’s verification of use and zoning.
Key Highlights
- 11,305 SF commercial building built in 1987 on approximately 0.682 acres in New Bern’s waterfront area
- Includes approximately 75 dedicated parking spaces (50% ownership) directly adjoining the commercial structure and marina area
- Historically supported a mix of uses including restaurant, bar, retail, office, and residential components
Local Financial Insights For 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 | $340.5k | $30.12 |
| − Vacancy | −$21.4k | −$1.89 |
| EGI | $319.1k | $28.23 |
| − OpEx | −$95.7k | −$8.47 |
| NOI | $223.4k | $19.76 |
11,305 SF · lease $30.12/SF/yr · vacancy 6.29% · expense 30.00%
Alternative Uses
Best Use
Retail
$3.19M
$2.79M – $3.72M
NOI $223,362 @ 7.0% cap · market cap 5.58%
Second Best
Specialty Retail
$2.09M
$1.83M – $2.44M
NOI $146,208 @ 7.0% cap · market cap 3.66%
Theoretical Best
Office A
$3.73M
$3.26M – $4.35M
NOI $260,905 @ 7.0% cap · market cap 6.52%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Hikaru Japanese Restaurant
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Large waterfront building with dedicated parking spaces adjoining the commercial structure and marina area.
Where is this conventional restaurant located?
The property is located at 100 Marina Dr New Bern, NC.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: 11,305 SF commercial building built in 1987 on approximately 0.682 acres in New Bern’s waterfront area; Includes approximately 75 dedicated parking spaces (50% ownership) directly adjoining the commercial structure and marina area; Historically supported a mix of uses including restaurant, bar, retail, office, and residential components
