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    100 Marina Dr New Bern, NC 28562

    Sponsored
    For Sale
    Contact for pricing

    12,000 SF Waterfront Restaurant, Vacant

    Property size:
    2,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 12,000-square-foot vacant restaurant space, located at 100 Marina Drive in New Bern, North Carolina, presents a unique investment opportunity. Situated on the Northwest Creek Marina within the Fairfield Harbour community, this two-story, Class B building boasts a prime location overlooking the water. Built in 1987, the property features ample parking (150 spaces) to accommodate both residents of the over 3,500-home Fairfield Harbour community and the significant tourist traffic. The property includes a walk-in freezer and refrigerator, three-phase electric, and the potential for both first and second-floor seating, as well as outdoor seating. With a 5-year NNN lease term available, and a 6% cap rate, this property offers significant upside potential. The building's 2,500 to 7,000 square foot flexible layout allows for customization to suit a variety of concepts, from a restaurant and bar to a wedding venue, bakery, or coffee shop. The property's COMMERCIAL/RESIDENTIAL/MULTIFAMILY zoning provides versatility. The existing infrastructure, including boat slips directly in front, makes it an attractive destination for boaters. This is a truly versatile location in a popular tourist area. The property is currently vacant and ready for renovation to meet the needs of a new tenant. The property is zoned for commercial, residential, and multifamily use.

    Property Features for 100 Marina Dr

    General Information

    Property type
    Restaurants
    Square Feet
    2,500 SF
    Class
    B

    Building Details

    Year Built
    1987
    Buildings
    1
    Stories
    2

    HighLights

    • 12,000 SF vacant restaurant space in New Bern, NC.
    • Prime waterfront location at Northwest Creek Marina in Fairfield Harbour.
    • Ample parking (150 spaces) serving residents and tourists.
    • Two‑story Class B building with walk‑in cooler, three‑phase power, and flexible layout (2,500‑7,000 SF).
    • 5‑year NNN lease available with a 6% cap rate; Commercial/Residential/Multifamily zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hikaru Japanese Restaurant Authentic Japanese Restaurant

    Suggested Use

    Realty agency Restaurant Hair Salon Hotel & Motel Travel Agency Bed & Breakfast Catering Service Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    New Bern
    County
    Craven
    State
    North Carolina
    Longitude
    -76.9672315
    Latitude
    35.0650271

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    FAQs

    What type of property is this?
    Restaurant - 12,000 SF Waterfront Restaurant, Vacant
    Where is this restaurant located?
    The property is located at 100 Marina Dr New Bern, NC.
    What are key features of this property?
    This property features: 12,000 SF vacant restaurant space in New Bern, NC.; Prime waterfront location at Northwest Creek Marina in Fairfield Harbour.; Ample parking (150 spaces) serving residents and tourists.
    Request Owner's contact information
    100 Marina Dr New Bern, NC 28562
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    New Bern, NC 28562
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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
    100 Marina Dr New Bern, NC 28562
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