$675,000

8600 Oak Island Drive 1

NC, 28465

Description

A unique Oak Island investment offering with incredible high traffic activity. Located on the premier strip of the island, a highly visible strip plaza consisting of 7 units, one of which is a free standing building occupied by a Dominoes franchise. (Soon To Be Entering its 6th 5 year lease). All Leases are actively in place with long term tenancy, generating a total of $78,490.20 annually. With 179 feet of road frontage, this well established plaza has strong visibility with minimal maintenance and low expenses. An income/expense report is available. Far superior to an island beach rental with solid long term 'no hassle' tenancy and year round occupancy. Seller will consider partial seller financing. Contact list agent for details.

Details

MLS#100198212
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1965
Days On Site18

Features

SQ Feet9,569
Story(s)1
ZoningOK-CB

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Area Information

StateNC
CountyBrunswick
Zip Code28465
AreaBrunswick
Listing VS Median (in 28465)
Price:
$675,000
low | high
Med:
$325,250
100% of Average
SqFt:
9,569
low | high
Med:
1,311
100% of Average
$ / SqFt:
$71
low | high
Med:
$248
100% of Average
On Site:
18
low | high
Med:
2.5
100% of Average
Listing Updated: 01/23/2020
MLS Number: 100198212
Listing Provided By:
Bob Percesepe  of  RE MAX at the Beach Oak Island
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