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    OFF-MARKET
    Retail space

    708 Howe St, Southport, NC 28461-3460

    2,380 SF Built 1998
    Individually Owned 3-yr Hold Free & Clear
    Property ID
    US53-5738515
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 708 N Howe Street in the vibrant town of Southport, North Carolina, presents a unique investment opportunity. Boasting a generous 2,380 square feet of space, this building sits on a conveniently sized 0.14-acre lot, offering ample room for expansion or outdoor use. The property's "Other" classification allows for a wide range of potential uses, making it an ideal choice for entrepreneurs and investors seeking a versatile commercial space. Its prime Southport location ensures high visibility and accessibility, placing it within easy reach of local businesses, residents, and tourists. The asking price of $695,000 reflects the property's significant potential and strong location. This is a rare chance to acquire a well-situated commercial building in a thriving coastal community. The property's size and location make it suitable for a variety of commercial ventures, from retail spaces to offices, and even potentially light industrial uses (subject to local zoning regulations). Serious inquiries are encouraged to explore the possibilities this property offers. Further details regarding zoning and permitted uses are readily available upon request. Don't miss this chance to secure a valuable asset in the desirable Southport market.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1998
    Total area 2,380 SF
    Zoning code BD
    APN 237ED01801
    UPID US53-5738515
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Sandra H Wilson · 3 yrs held
    Sandra H Wilson
    since 2023
    Last sale
    $210,000
    5 recorded transactions
    2023
    2012
    $210,000
    2005
    $756,000
    2004
    $375,000
    1969
    Zoning & alternative use
    BD · Southport, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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