Description
Unbelievable business and real estate investment opportunity located in the ''Olde Town Square'' area of Swansboro's historic district. A local landmark that has been a fixture in Swansboro's downtown scene since opening as a coffee-pastry shop in 1993, the warm interiors reflect a vibrant history of welcoming both locals and visitors to the Crystal Coast. The original structure was the Post Master's house built in 1888. From the beginning ''Church Street Place'' was a success! Over the last 3 decades the success was so profitable that it has lead to expansion & operation of a restaurant/pub, retail spaces, and 5 luxury condo units all within the same prime location. This highly trafficked, highly profitable investment property is TRULY ''one of kind''. All 7 condominium units are being sold together making this a slam dunk for investors. Unit 1 includes the restaurant/pub, equipment, furnishings, and all inventory. Unit 2 includes 2 retail spaces. Units 3-7 include 5 luxury condos fully furnished with an elevator and stunning views of intra-coastal waterway, which allow guests to experience Swansboro's unique coastal charm. In addition, unit 1 is already set up with an option to be divided into 3 separate units for a total of 10 units! At 2,750,000 the real property alone is a bargain at 275k per unit. 105 W Church St CAN NOT BE DUPLICATED the location and established business is irreplicable. THIS IS A TURN KEY INVESTMENT! The entire property has been meticulously maintained. Don't let this once in a lifetime opportunity slip through your fingers because this dream investment will not last long!!!
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0BEDS
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0.15ACRES
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0BATHS
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01/2 BATHS
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4,351SQFT
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$632$/SQFT
School Ratings & Info
Description
Unbelievable business and real estate investment opportunity located in the ''Olde Town Square'' area of Swansboro's historic district. A local landmark that has been a fixture in Swansboro's downtown scene since opening as a coffee-pastry shop in 1993, the warm interiors reflect a vibrant history of welcoming both locals and visitors to the Crystal Coast. The original structure was the Post Master's house built in 1888. From the beginning ''Church Street Place'' was a success! Over the last 3 decades the success was so profitable that it has lead to expansion & operation of a restaurant/pub, retail spaces, and 5 luxury condo units all within the same prime location. This highly trafficked, highly profitable investment property is TRULY ''one of kind''. All 7 condominium units are being sold together making this a slam dunk for investors. Unit 1 includes the restaurant/pub, equipment, furnishings, and all inventory. Unit 2 includes 2 retail spaces. Units 3-7 include 5 luxury condos fully furnished with an elevator and stunning views of intra-coastal waterway, which allow guests to experience Swansboro's unique coastal charm. In addition, unit 1 is already set up with an option to be divided into 3 separate units for a total of 10 units! At 2,750,000 the real property alone is a bargain at 275k per unit. 105 W Church St CAN NOT BE DUPLICATED the location and established business is irreplicable. THIS IS A TURN KEY INVESTMENT! The entire property has been meticulously maintained. Don't let this once in a lifetime opportunity slip through your fingers because this dream investment will not last long!!!
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