1330 N Howe Street, Southport, NC 28461
sale
$1,299,000
|
Other
Courtesy Of eXp Realty LLC
Calling all investors! Prime downtown Southport opportunity featuring a commercial office building plus four separate apartments, all currently tenant occupied and generating income. Each building is situated on its own parcel, offering the flexibility to sell or develop the properties separately. Located within Brunswick County zoning, this property offers the advantage of no city taxes or city rental regulations, while providing a variety of potential permitted commercial uses, including office and retail, among others. The commercial building is currently utilized as a massage therapy clinic and has benefited from numerous improvements, including an outdoor shower for rinsing off from various types of treatments and a roof replacement approximately two years ago. The four apartments have also received updates within the past three years, including new flooring and interior improvements. Each apartment includes its own 10x12 storage building, providing valuable additional storage space for tenants as well as raised garden beds. With multiple income-producing units, commercial flexibility, and a prime location, this property presents an attractive opportunity for investors seeking both current rental income and future potential. Located in the charming downtown Southport, yet not in city limits, the property is within easy reach of boutique shops, local art galleries, restaurants, waterfront dining, and the scenic downtown waterfront. But it is technically in the county, giving more flexibility for plans to expand. Known for its historic character and coastal setting, Southport has earned national recognition for its small-town charm and has served as a backdrop for numerous films and television productions. Whether expanding an investment portfolio, establishing a business, or taking advantage of the area's continued growth, this versatile Southport property offers an exceptional combination of location, income potential, and opportunity.
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Property Features
- Age: Over 50 Years Old
- Cooling System: Central Air
- Exterior Type: Vinyl Siding
- Exterior Type: Brick
- Exterior Type: Wood Frame
- Floor Covering: Lvt/lvp
- Heating System: Electric (Heating)
- Heating System: Heat Pump (Heating)
- Legal Description: .214 Ac N Howe St & .38Ac Atlantic Ave
- MLSID: 100601594
- Roof Type: Shingle
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