Leased Restaurant
For Sale
Contact for pricing
Pending
112 Causeway Drive, Ocean Isle Beach, NC 28469
Leased 1,680 sq. ft. restaurant on a 0.64-acre lot with recent metal roof and rooftop HVAC upgrades.
Property Size1,680 SF
Lot Size0.64 Acres
Days on Market111
Property Features for 112 Causeway Drive
General Information
Standard status
Pending
Size
1,680 SF
Lot size
0.64 Acres
Property subtype
Retail
Additional Details
Commercial Hood
Yes
Listing Agency:
Sun Coast Partners Commercial
(910) 393-7275
Listed By:
Kelly Stuart · License #NC
Source:
Crexi
Added: Apr 11
Changed: Jul 22
Last Checked: Jul 29 at 5:16PM
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 Sun Coast Partners Commercial
Investment Insights
Based on property information with market context.
This for-sale restaurant building totals 1,680 sq. ft. on a 0.64-acre lot and is currently leased by Castaway's Grill through December 2027. A 20' x 100' streetside space is also leased to the owners of an ice machine and an ATM machine through December 2025, creating additional scheduled rental income for the buyer.
The property is prominently located on Causeway Dr., described as the gateway to Ocean Isle Beach Island and the center of the area’s thriving commercial district for the South Brunswick Islands of North Carolina.
Recent improvements include a metal roof replacement and two new rooftop HVAC units installed in 2019, supported by two Mitsubishi backup units located at exterior ground level. Restaurant FF&E remains with the tenant, and only the hood conveys with the building.
The property is prominently located on Causeway Dr., described as the gateway to Ocean Isle Beach Island and the center of the area’s thriving commercial district for the South Brunswick Islands of North Carolina.
Recent improvements include a metal roof replacement and two new rooftop HVAC units installed in 2019, supported by two Mitsubishi backup units located at exterior ground level. Restaurant FF&E remains with the tenant, and only the hood conveys with the building.
Key Highlights
- 1,680 sq. ft. restaurant building on a 0.64‑acre lot on Causeway Dr.
- Restaurant is leased to Castaway's Grill through December 2027.
- 20' x 100' streetside space leased to ice and ATM machine operators through December 2025.
Property Analytics
Current Use
Lease Details
Yes
Commercial hood
Location Intelligence
Trade Area within ½ mile
144
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 28469, NC
8,171
Population
8,730
Households
0.9
Avg Household Size
63
Median Age
39%
College-Educated
95%
High-School Grad
25.7 sq mi
ZIP Area
318
Density / Sq Mi
$87,285
Median Household Income
$41,936
Median Earnings
$948
Median Rent
$413,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Leased 1,680 sq. ft. restaurant on a 0.64-acre lot with recent metal roof and rooftop HVAC upgrades.
Where is this conventional restaurant located?
The property is located at 112 Causeway Drive Ocean Isle Beach, NC.
What are key features of this property?
This property features: 1,680 sq. ft. restaurant building on a 0.64‑acre lot on Causeway Dr.; Restaurant is leased to Castaway's Grill through December 2027.; 20' x 100' streetside space leased to ice and ATM machine operators through December 2025.
