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    238 Pamlico St Belhaven, NC 27810

    Sponsored
    For Sale
    $2,500,000

    Waterfront Restaurant & Bar, Belhaven, NC

    Property size:
    10,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 10,000 sq ft, single-story restaurant and bar in historic downtown Belhaven, NC, is for sale. Built in 1940 and extensively renovated (2011-2020), this custom-designed property boasts multiple dining areas, including a tavern with a 60ft teak bar, an oyster bar, a bourbon bar, and a steakhouse, each with its own kitchen and seating. The property includes three walk-in refrigerators, one walk-in freezer, three fireplaces, and extensive use of high-quality wood and stone. Outdoor seating is available under a covered area with a fireplace and in a grassy area. The property features three bathrooms, multiple entrances, and a 0.26-acre lot. Its prime location is within walking distance of the town docks and marinas, benefiting from seasonal tourism and local events. The business, operational since 2013, is currently open Wednesday-Sunday and includes all contents (excluding a few personal items). The sale includes the real estate, business, and contents. The permitted zoning is General Business. This turnkey opportunity presents a unique chance to own a well-established and profitable waterfront establishment.

    Property Features for 238 Pamlico St

    General Information

    Property type
    Restaurants
    Square Feet
    10,000 SF
    Class
    C
    Lot Size
    11,326 SF

    Building Details

    Year Built/Renovated
    1940/2011
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • Architect‑designed and owner‑built.
    • Successfully operating business since 2013.
    • High‑end interior finishes featuring wood and stone craftsmanship.
    Property Profile Location Intelligence

    Current Use by Public Records

    The Tavern At Jack's Neck American Restaurant The Breakwater at Jack's Neck Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Belhaven
    County
    Beaufort
    State
    North Carolina
    Longitude
    -76.6211667
    Latitude
    35.537386

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    FAQs

    What type of property is this?
    Restaurant - Waterfront Restaurant & Bar, Belhaven, NC
    Where is this restaurant located?
    The property is located at 238 Pamlico St Belhaven, NC.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: Architect-designed and owner-built.; Successfully operating business since 2013.; High-end interior finishes featuring wood and stone craftsmanship.
    Request Owner's contact information
    238 Pamlico St Belhaven, NC 27810
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    Belhaven, NC 27810
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    238 Pamlico St Belhaven, NC 27810
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