708 Howe StSouthport, NC 28461

Property Details for 708 Howe St

Year built

1998

Property size (Sq ft)

2,380 SF

Zone code

BD

Property type

Retail properties

Property subtype

Retail space

APN

237ED01801

APU

237ED01801

Description

This exceptional commercial property, located at 708 N Howe Street in the vibrant town of Southport, North Carolina, presents a unique investment opportunity. Boasting a generous 2,380 square feet of space, this building sits on a conveniently sized 0.14-acre lot, offering ample room for expansion or outdoor use. The property's "Other" classification allows for a wide range of potential uses, making it an ideal choice for entrepreneurs and investors seeking a versatile commercial space. Its prime Southport location ensures high visibility and accessibility, placing it within easy reach of local businesses, residents, and tourists. The asking price of $695,000 reflects the property's significant potential and strong location. This is a rare chance to acquire a well-situated commercial building in a thriving coastal community. The property's size and location make it suitable for a variety of commercial ventures, from retail spaces to offices, and even potentially light industrial uses (subject to local zoning regulations). Serious inquiries are encouraged to explore the possibilities this property offers. Further details regarding zoning and permitted uses are readily available upon request. Don't miss this chance to secure a valuable asset in the desirable Southport market.

• CAP approach

  CAP return

  Valuation

  6%

  $848,040

  6.5%

  $782,806

  7%

  $726,891

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,587,694

  Geo Method

  $1,376,689

• Alternative Use

  Use

  Valuation

  Residential

  $660,326

  Hospitality

  $604,855

  Educational

  $503,232

  Medical

  $520,539

  Retail

  $782,806

Location Insight

City

Southport

County

Brunswick

State

North Carolina

Latitude

33.9256

Longitude

-78.0209

CBSA code

34820

CBSA name

MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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