Restaurant Property with Flexible
New
For Sale
$1,389,000
2633 Holden Beach SW #1, Supply, NC 28462
Heated restaurant space can accommodate a single operator or be divided into multiple commercial suites.
Property Size4,832 SF
Price / SF$287.46
Days on Market5
Property Features for 2633 Holden Beach SW #1
General Information
Standard status
Active
Size
4,832 SF
Property subtype
Commercial
Zoning
C-LD
Additional Details
Road Access
Yes
Amenities
Central air
Central Air Cooling
Electric Heating
Heat Pump Heating
Heating Heating
On Site
Paved
Shingle Roof
Building Details
Year Built
1971
Buildings
1
Listing Agency:
CENTURY 21 COLLECTIVE
Listed By:
LINDSEY M JENKINS · License #300358
(910) 368-9626
Source:
Corcoran
Added: Oct 29
Changed: Nov 1
Last Checked: Nov 1 at 3:37PM
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 CENTURY 21 COLLECTIVE
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Investment Insights
Based on property information with market context.
The 4,832-square-foot building, constructed in 1971, is fully heated and arranged for restaurant or cafeteria use. Its four-suite concept includes approximately 1,268 square feet of office, retail, or service space; 2,735 square feet for restaurant use; and 829 square feet of retail or professional office space. The property may be used as one operation or configured for multiple occupants.
Located on the mainland along the Holden Beach corridor, the property is on NC 130, which connects the mainland with Holden Beach. Reported baseline traffic exceeds 11,000 AADT. C-LD zoning allows a range of commercial uses, including retail and office sales, with multifamily development among the listed uses. Undeveloped land at the rear may accommodate a four-unit residential project, subject to county approval.
Located on the mainland along the Holden Beach corridor, the property is on NC 130, which connects the mainland with Holden Beach. Reported baseline traffic exceeds 11,000 AADT. C-LD zoning allows a range of commercial uses, including retail and office sales, with multifamily development among the listed uses. Undeveloped land at the rear may accommodate a four-unit residential project, subject to county approval.
Key Highlights
- 4,832 square feet of heated restaurant or cafeteria space
- Four‑suite concept: approximately 1,268, 2,735, and 829 square feet across three described areas
- Built in 1971
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,101
Cap Rate
3.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,022,020
$1.0M
Cap Rate 7%
$730,014
$730.0K
Cap Rate 9%
$567,789
$567.8K
Market Conditions
NOI Build-Up for 4,832 SF
Gross rent
$76.0K $15.72/SF
− Vacancy
−$7.8K −$1.62/SF
EGI
$68.1K $14.10/SF
− OpEx
−$17.0K −$3.53/SF
NOI
$51.1K $10.58/SF
Area
Brunswick County, NC
Vacancy
10.30%
Lease Rate
$15.72 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,022,020
Cap Rate 7%
$730,014
Cap Rate 9%
$567,789
Alternative Uses
Best Use
Specialty Retail
$730.0K
$638.8K – $851.7K
NOI $51,101 @ 7.0% cap · market cap 3.68%
Second Best
Retail
$681.4K
$596.2K – $794.9K
NOI $47,695 @ 7.0% cap · market cap 3.43%
Theoretical Best
Multifamily LT 5
$59.17M
$51.77M – $69.03M
NOI $4,141,551 @ 7.0% cap · market cap 298.17%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
73
Businesses Nearby
1k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Citgo
Shops & Services
1,024 visits/mo
0.1 miles
Demographics for 28462, NC
12,674
Population
11,620
Households
1.1
Avg Household Size
54
Median Age
25%
College-Educated
89%
High-School Grad
72.4 sq mi
ZIP Area
175
Density / Sq Mi
$58,545
Median Household Income
$36,037
Median Earnings
$859
Median Rent
$229,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Heated restaurant space can accommodate a single operator or be divided into multiple commercial suites.
Where is this conventional restaurant located?
The property is located at 2633 Holden Beach SW #1 Supply, NC.
What is the asking price?
The asking price for this property is $1,389,000.
What are key features of this property?
This property features: 4,832 square feet of heated restaurant or cafeteria space; Four‑suite concept: approximately 1,268, 2,735, and 829 square feet across three described areas; Built in 1971
