MLS # 105886
148 Irie Lane
Powells Point, NC 27966
$384,900
 
Bedrooms
Bathrooms
Sq. Ft.

About This Property

One tenant recently exited so this is a rare opportunity to owner occupy the only vacant unit for your business and have the tenants in the other three units subsidize your business and income! If you do not have a personal business need, no problem just lease the vacant unit to increase the already fantastic return on this investment! This building is higher quality than most with unique features not found in other office warehouse buildings. Ample parking with nine spaces in the front of the building and a shared secured limited common area parking lot in the rear provides plenty of additional vehicle parking and equipment storage for any type of tenant business need. Each 1,500 SF ADA compliant unit has 475 SF front office with reception area, private office, kitchenette with refrigerator, and bathroom. Quality construction with upgraded trim, windows, and 6 panel doors. Each unit's warehouse space is 1,025 SF with 20' eve height for vertical expansion options. Roll-up garage and personnel doors for easy access to each warehouse space. Constructed with 2x6 metal studs and non-load bearing walls allow for larger space by combining units. Rear loading bays and fully fenced back lot with 20' rolling gate and surveillance system allow for plenty of secure outside storage of vehicles and equipment. Only 4 miles North of the Outer Banks with excellent visibility and a Hwy 158 road-front sign make this an excellent investment and business opportunity. Property has five PINS: 123F000COMM0002, 123F000002A0000, 123F00000030000, 123F00000040000 and 123F00000050000. The properties are offered for sale as one entire building although each unit has been commercially condo'ed out for future individual sale as/if desired. Both original and second current owner preferred to own and manage the leasing of the entire property but new buyers can sell off individual units if desired comfortable knowing that condo association documents have already been prepared (see Associated Documents) and recorded. Note that the sellers are not interested in selling individual units at this time. Units have sealed concrete or carpet flooring.

Property Details

MLS:
105886
Address:
148 Irie Lane
Town:
Powells Point
Price:
$384,900
Estimated Monthly Mortgage:
$1,750/mo.
Listing Agent:
Staten, Joe
Listing Company:
Sun Realty - Duck
Area:
Pt. Harbor to Powells Pt.
Subdivision:
679
Waterfront Location:
None
Oceanside Location:
 
Soundside Location:
 
Heated Area:
Sq ft.
Year Built:
2005
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