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Brick Restaurant Buildings with Rooftop
For Sale
$7,835,000

425 Front St 114 Middle Lane & 124 Middle Lane, Beaufort, NC 28516

Three fully occupied restaurant units in early-1900s brick buildings, with a Verizon Wireless rooftop agreement included.

Property Size12,000 SF
Price / SF$652.92
Days on Market49

Property Features for 425 Front St 114 Middle Lane & 124 Middle Lane

General Information

Standard status Active
Size 12,000 SF
Property subtype Hospitality
Occupancy 100%

Additional Details

Business Included Yes

Building Details

Building Size 12,000 SF
Tenancy Multi
Listing Agency: Maverick Partners
Listed By: Daniel Robinson
Source: Maverickpartners
Added: Jun 24 Changed: Aug 7 Last Checked: Aug 11 at 5:20AM

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 Maverick Partners

Investment Insights

Based on property information with market context.

This offering includes brick restaurant buildings dating to the early-1900s, built into a cohesive Front Street streetscape. The property totals approximately 12,000 square feet and operates as three fully occupied units, comprising Clawson's 1905 Restaurant and Aqua Restaurant, along with Backstreet Pub.

The buildings serve as long-established dining destinations in Beaufort’s Front Street area, creating a recognizable presence within the local restaurant mix. In addition, the package includes a Verizon Wireless rooftop agreement.

For hospitality operators and full-service investors seeking a ready-to-run restaurant platform, the configuration provides multiple income-producing concepts under one ownership structure. With all three units currently occupied and the rooftop agreement in place, the property is positioned for straightforward operational continuity from day one under new ownership.

Key Highlights

  • 12,000 SF early‑1900s brick restaurant buildings on Front Street
  • 3 fully occupied restaurant units with diversified operations
  • Verizon Wireless rooftop agreement included with the offering

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Dental Office Nail Salon Electrical Service Skin Care Clinic Auto Repair Shop (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

499
Businesses Nearby
Under-served
Demand for This Use

Demographics for 28516, NC

11,204
Population
7,183
Households
1.6
Avg Household Size
52
Median Age
27%
College-Educated
89%
High-School Grad
125.7 sq mi
ZIP Area
89
Density / Sq Mi
$63,257
Median Household Income
$36,227
Median Earnings
$869
Median Rent
$292,300
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Three fully occupied restaurant units in early-1900s brick buildings, with a Verizon Wireless rooftop agreement included.
Where is this conventional restaurant located?
The property is located at 425 Front St 114 Middle Lane & 124 Middle Lane Beaufort, NC.
What is the asking price?
The asking price for this property is $7,835,000.
What are key features of this property?
This property features: 12,000 SF early‑1900s brick restaurant buildings on Front Street; 3 fully occupied restaurant units with diversified operations; Verizon Wireless rooftop agreement included with the offering
More about this property
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