817 Cedar Street, Beaufort, NC 28516
sale
$895,000
|
Other
Courtesy Of Cole Real Estate and Property Management
Wonderful opportunity to own a high-volume, ''local favorite'' breakfast diner located just three blocks from Front Street in the heart of downtown Beaufort, North Carolina. Situated on a prime corner lot with a traffic stoplight, this property boasts exceptional visibility and accessibility, including a drive-through window and an outdoor seating area. Currently seating approximately 50 people, the establishment has been remodeled, featuring new kitchen equipment, a new roof, and a new HVAC system. Operating strictly on breakfast hours, the business is currently generating substantial profit. The property is currently run by an absentee owner with a reliable staff of 4-5 employees, making it perfectly suited for a hands-on operator who can maximize profits by replacing 1-2 shifts and driving this expansion. Furthermore, the property is zoned CSMU (Commercial/Mixed-Use), allowing for diverse future development opportunities. Owner is divesting to reinvest capital into other business ventures. Please note that this is a confidential listing; Interested parties must not visit the site to discuss the sale or speak with employees, and all inquiries must be directed through the listing agent. Artistic renderings are used to protect the identity of the business while representing the property's layout and potential. Owner is also willing to discuss some partial owner financing. This establishment holds untapped potential of increase in revenue immediately, simply by extending hours to include lunch, which is in high demand in this immediate area.
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Property Features
- Age: Over 50 Years Old
- Cooling System: Central Air
- Exterior Type: Wood Siding
- Exterior Type: Block
- Floor Covering: Tile
- Heating System: Electric (Heating)
- Heating System: Heat Pump (Heating)
- Heating System: Coal
- Legal Description: Corner Cedar St & Live Oak St. Town of Beaufort
- MLSID: 100553523
- Roof Type: Membrane
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