Catylist ID: #30335998
SeaWitch Tiki Bar & Cafe
Retail-Commercial for Sale
|Catylist Listing ID:||30335998|
|Property Subtypes:||Free-Standing Building, Mixed Use, Restaurant, Tavern/Bar/Nightclub|
|Building Size (RSF):||5,351 SF|
|Unit Price:||$485.89 PSF|
|Property Use Type:||Investment, Business|
|Usable Size (USF):||5,351 SF|
|Sale Terms:||Cash to Seller|
Overview / Comments
+/- 3,076 SF wood-framed restaurant
+/- 2,235 SF wood-framed tiki bar
+/- 2,332 SF of covered porches
+/- 4,953 SF of wood decking and other site improvements
The popular SeaWitch Tiki Bar and Café business and surrounding parking acreage is available for sale. The restaurant was purchased by current owners over 4 years ago and completely remodeled to its current state. Proposed improvements include a rooftop addition above the Tiki Bar to provide ocean views.
Sales have increased by over 10% annually and are expected to do the same for the 2018 year. Financials available upon request.
The property offers onsite parking, along with a direct connection to the Town of Carolina Beach public parking lot. Live music is offered on the weekends, which attracts locals and tourists alike.
Attachments & Media
|Tax ID/APN:||R09006-005-019-000; R09006-005-016-000; R09006-005-015-000|
|Zoning:||CBD - CENTRAL BUSINESS DISTRICT (TOWN OF CAROLINA BEACH)|
|Proximity:||1 mile||3 miles||5 miles|
|The information presented herein is provided as is, without warranty of any kind. Neither Cape Fear REALTORS® nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.|