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25202 Island Pines Dr 1,850 SF Retail Building Waves, NC 27982 $600,000 ($324.32/SF)
INVESTMENT HIGHLIGHTS
- Heavy traffic area on the only highway in a busy tourist vacation destination. Close to 3 major campgrounds and vacation rental properties.
EXECUTIVE SUMMARY
Are you the right entrepreneur for this commercial spot?
Positioned in a high-visibility, high-access corridor, this property is surrounded by campgrounds, residential neighborhoods, and hotels—ideal for capturing both local and visitor traffic. It’s a rare chance for a buyer with vision: reimagine the space as a restaurant, retail concept, gathering spot, or something entirely new.
Since opening in 1995, this beloved eatery has charmed generations with its warm, unpretentious atmosphere, much of it enjoyed from the rustic screened porch that has become part of its identity. The building previously seated 52 guests across two cozy, dual-level screened porches adorned with eclectic island-inspired décor.
Whether you’re looking to revive a classic or reinvent the space altogether, the potential here is wide open.
Positioned in a high-visibility, high-access corridor, this property is surrounded by campgrounds, residential neighborhoods, and hotels—ideal for capturing both local and visitor traffic. It’s a rare chance for a buyer with vision: reimagine the space as a restaurant, retail concept, gathering spot, or something entirely new.
Since opening in 1995, this beloved eatery has charmed generations with its warm, unpretentious atmosphere, much of it enjoyed from the rustic screened porch that has become part of its identity. The building previously seated 52 guests across two cozy, dual-level screened porches adorned with eclectic island-inspired décor.
Whether you’re looking to revive a classic or reinvent the space altogether, the potential here is wide open.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Building Size
1,850 SF
Building Class
C
Year Built
1995
Price
$600,000
Price Per SF
$324.32
Tenancy
Single
Building Height
2 Stories
Building FAR
0.09
Lot Size
0.46 AC
Zoning
C - Commercial
Parking
14 Spaces (7.57 Spaces per 1,000 SF Leased)
Frontage
164’ on North Carolina Highway 12
AMENITIES
- Corner Lot
- Restaurant
- Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 014250016 | Improvements Assessment | $301,900 |
| Land Assessment | $196,000 | Total Assessment | $497,900 |
PROPERTY TAXES
Parcel Number
014250016
Land Assessment
$196,000
Improvements Assessment
$301,900
Total Assessment
$497,900
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Presented by
All at Sea Realty
25202 Island Pines Dr
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