817 Cedar Street,Beaufort, NC 28516
Beaufort, NC 28516
Description
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.
Details
| MLS # | 100553523 |
|---|---|
| Listing Type | For Sale |
| Style | Business |
| Sub-Type | Resale |
| Status | Active |
| Year | 1961 |
| Days On Site | 238 |
| Listing Provided By | Legacy Real Estate Group | John Matthew Cole |
Features
| SQ Feet | 1,566 |
|---|---|
| Zoning | CSMU |
| Acreage | 0.28 |
Interior
| Heating Yes / No | Yes |
|---|---|
| Cooling Yes / No | Yes |
| Cooling | Central Air |
Exterior
| Roof | Membrane |
|---|---|
| Foundation Details | Slab |
| Lot Features | Corner Lot |
| Waterfront Features | None |
| Construction Materials | Block, Wood Siding, Wood Frame |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | No |
| Parking Features | On Site, Paved |
Utilities
| Utilities | Water Available |
|---|
Taxes
| Tax Assessed Value | 385597 |
|---|---|
| Tax Book Number | 0 |
| Tax Legal Description | Corner Cedar St & Live Oak St. Town of Beaufort |
| Tax Year | 2024 |
Area Information
| State | NC |
|---|---|
| County | Carteret |
| City | Beaufort |
| Zip Code | 28516 |
| Listing VS Median (in 28516) | |
Price: $825,000 low | high Med: $535,000 sqft: 1,566 low | high Med: 1,456 $ / sqft: $527 low | high Med: $367 On site: 238 low | high Med: 20 | |
Market Activity 28516
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Learn More About This Property
| State | NC |
|---|---|
| County | Carteret |
| City | Beaufort |
| Zip Code | 28516 |
| Listing VS Median (in 28516) | |
Price: $825,000 low | high Med: $535,000 sqft: 1,566 low | high Med: 1,456 $ / sqft: $527 low | high Med: $367 On site: 238 low | high Med: 20 | |
