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112 Causeway Dr
Ocean Isle Beach, NC 28469

Price Upon Request

Freestanding For Sale  •  1,680 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 1,680 SF
  • Lot Size 0.64 AC
  • Building Class C
  • Year Built 2011
  • Tenancy Single
  • Zoning OI-C-2M
0 Transit Score
44 Walk Score

Highlights

Popular Restaurant with Locals & Tourists leased through December 2027
20' x 100' streetside space leased through December 2025
Metal Roof recently replaced with two new rooftop HVAC units in 2019 with two Mitsubishi backup units at exterior ground level
0.25 Miles to OIB Municipal Airport
Prominent location on Causeway Drive, the gateway to Ocean Isle Beach island
Located across from newly constructed OIB Town Hall and Publix anchored OIB Market Place

Financial Summary (Actual)

Net Operating Income: $36,470 USD (2020)
Total Expenses: $3,089 USD

Major Tenants

Tenant SF Occupied Lease End Date
Castaway Grill 1,680 SF 12/31/2027

Amenities

  • Pylon Sign
  • Restaurant
  • Signage
  • Drive Thru
  • Air Conditioning

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 30
Type: Surface
Included in Rent: Yes