Move-In Ready Sports Bar &
8039 River Road SE Southport, NC 28461
For Sale
$675,000
COMMERCIAL - Southport, NC
Property Size2,120 SF
Lot Size0.77 Acres
Price / SF$318.40
Days on Market49
Property Features for 8039 River Road SE
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C-LD (county)
Parking
30
Parking features
Parking Lot, Off Street
Standard status
Active
APN
20500023
Size
2,120 SF
Lot size
0.77 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
L-41-44 EG DALE
Tax Annual Amount
2805
Utilities
Utilities
Cable Available
Sewer type
Septic Tank
Heating system
Heat Pump (Heating), Electric (Heating)
Cooling system
Heat Pump
Water source
Public
Building Details
Year built
1999
Flooring type
Tile, Concrete
Building materials
Glass, Metal Siding, Brick Veneer
Roof type
Metal
Listing Agency:
Coldwell Banker Sea Coast Advantage - SP
(910) 477-6118
Listed By:
Jason Robbins · License #296841
(910) 808-9723
Added: Jun 11
Changed: Jul 12
Last Checked: Jul 29 at 10:06PM
MLS# 100581310
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.
A move-in ready sports bar and grill property featuring a 2,100-square-foot metal fabrication building on a 0.77-acre cleared lot. The space includes a commercial restaurant kitchen with cooking equipment, plus walk-in refrigerator and walk-in freezer. A bar and dining room are also included with furnishings and decor, offering an operator a turnkey setup.
Located at 8039 River Road SE in Southport, North Carolina, the site provides 222 feet of frontage on River Road (N.C. 87). The property sits within county-administered zoning and permitting under C-LD (county). An on-site parking lot is provided for customers and staff.
This offering can support a continued sports bar and grill concept based on the existing kitchen and bar/dining buildout, or it can be positioned for other restaurant concepts given the current improvements. For buyers seeking redevelopment options, the site’s cleared acreage, long roadway frontage on N.C. 87, and the C-LD (county) zoning framework provide flexibility for future plans.
Located at 8039 River Road SE in Southport, North Carolina, the site provides 222 feet of frontage on River Road (N.C. 87). The property sits within county-administered zoning and permitting under C-LD (county). An on-site parking lot is provided for customers and staff.
This offering can support a continued sports bar and grill concept based on the existing kitchen and bar/dining buildout, or it can be positioned for other restaurant concepts given the current improvements. For buyers seeking redevelopment options, the site’s cleared acreage, long roadway frontage on N.C. 87, and the C-LD (county) zoning framework provide flexibility for future plans.
Key Highlights
- 0.7‑acre cleared commercial site with 222 ft of frontage on River Road (N.C. 87)
- 2,100 sq ft metal fabrication building built in 1999
- Commercial restaurant kitchen with cooking equipment plus walk‑in refrigerator and walk‑in freezer
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 | $33.3k | $15.72 |
| − Vacancy | −$3.4k | −$1.62 |
| EGI | $29.9k | $14.10 |
| − OpEx | −$7.5k | −$3.53 |
| NOI | $22.4k | $10.58 |
2,120 SF · lease $15.72/SF/yr · vacancy 10.30% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$320.3K
$280.3K – $373.7K
NOI $22,420 @ 7.0% cap · market cap 3.32%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$25.96M
$22.71M – $30.28M
NOI $1,817,071 @ 7.0% cap · market cap 269.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Oasis Bar and Grill — 8039 River Rd SE, Southport, NC 28461
Frequently Asked Questions
What type of property is this?
Bar & Pub - Fully equipped sports bar and grill space in a cleared lot with substantial frontage and on-site parking.
Where is this bar & pub located?
The property is located at 8039 River Road SE Southport, NC.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: 0.7‑acre cleared commercial site with 222 ft of frontage on River Road (N.C. 87); 2,100 sq ft metal fabrication building built in 1999; Commercial restaurant kitchen with cooking equipment plus walk‑in refrigerator and walk‑in freezer
