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Investment Opportunity in Southport's Business District! This rare mixed-use condo in the heart of Southport offers a fantastic opportunity for investors.
Located within the Cape Fear Mercantile Center, this two-story unit is situated in a desirable area of Howe Street, surrounded by a variety of shops and restaurants, all within walking distance.
Key Features: Property is Fully Leased: The 1,104 SF ground floor is occupied by a thriving retail bakery, and the 1,110 SF second level is a leased one-bedroom residence.
Prime Location: Positioned in a busy commercial district, ideal for high foot traffic and local engagement. Don't miss your chance to own a prime piece of Southport real estate. HOA Dues are approximately $2500-3000 / Yearly.
Buyers are encouraged to review the Covenants, Conditions, and Restrictions prior to purchase. Property is located in the vicinity of former Towngate Cleaners, a site identified by the NC DEQ under the DSCA program. More information available on property fact sheet.
Features
Age: 21-30 Years Old
Architecture Style: Other
Home Owner Assessments Fee: $3,000.00
Legal Description: U-A CAPE FEAR MERCANTILE CB-8/334