RETURN TO RESULTS

Penthouse Event Venue - OFF MARKET

Location: North Topsail Beach

ID: (#200951)

200951
Price:$1,575,000
Revenue:$0
Cash Flow:$0
FF&E (Assets):$52,000
Inventory:$10,000
Real Estate:$1,575,000

Overview

Spectacular penthouse venue on the 7th floor of a beachfront condo building, overlooking the ocean.
Over 10,000 sqft includes a lobby, large dining room surrounded by 16ft high glass windows, bar, kitchen, ample storage, and bathrooms. A wide, curved staircase leads from the dining room to an upstairs open loft of about 1,000 sqft. Elevator with exclusive access.

The space is currently used for weddings and is open as a mid-quality restaurant 5 nights per week. Abundant opportunities to continue in a similar fashion, turn it into fine dining, or transform into a stylish penthouse residence.

Presented by Maus Warwick Matthews.
https://mwmrealestate.com/our-listings/#/property/5c1b277f10e0b80001600ddc

Details

Reason for Selling:

Retirement

Established:

2014

Employees:

10

Furniture, Fixtures, and Equipment (FF&E):

All equipment, fixtures and furniture ar ein good working order and included in the sale.

Facilities:

10,500 sqft plus 500 sqft loft

Inventory:

Food and beverage as well as other inventory in stock included in the sale.

Competition:

No competing venue in the area.

Opportunities for Growth:

Ample opportunities to open the reateurant, improve quality, improve advertising and presentation.

Support and Training

As needed

Broker Contact Information

  • Regina Fisher
  • North Carolina - Wilmington
  • (910) 520-0737 Mobile
  • (910) 520-0737 Office
  • (910) 623 9033 Fax
  • Appointment Only:
  • NC #282486
  • North Carolina - Wilmington
  • By Appointment Only
  • 1314 Culbreth Dr
  • Wilmington, North Carolina 28405
  • Real Estate Broker: NC #282486