5380 Highway 70 W Morehead City, NC $ 970,000
5380 Highway 70 W
$ 970,000
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5380 Highway 70 W

Morehead City, NC, 28557
$ 970,000
Baths0.0

Monthly Estimate*

$ 6,447

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Studio

Commercial Property for sale in Morehead City, NC

for $970,000. This building was built in 2001.

This popular turn-key restaurant has been a local favorite for over 18 years and is a wonderful opportunity for a new operator. To add to the validity of this investment, Carteret County was recently ranked as NC's top place to retire in the state and #10 in the country by Niche! Kountry Kitchen is conveniently located in a busy shopping center right on Hwy 70 in Morehead City, less than 10 miles from Atlantic Beach. It currently offers breakfast and lunch seven days a week to its incredibly dedicated and loyal customer base. The seller is a long-time restaurant operator in Carteret County and has established a fantastic reputation among residents and visitors alike. She is ready to retire and pass on the business she has so lovingly built to a new owner. Seating capacity in this footprint (3861 sq ft) is 120 and purchase price includes all equipment and inventory on hand. Buyer will have to negotiate a new lease with landlord. A confidentiality agreement is required to receive any financial information on this listing.

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Commercial Active

Price

$ 970,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Food Service

Year Built

2001

Town/City

Morehead City

County/Region

Carteret

MLS | Web ID

100400652

Features
General
Heating Heat Pump
Cooling Central
Utilities Municipal Sewer Municipal Water
Possession At Closing
Water Heater Electric
current use Commercial
Zoning Commercial
New Construction No
Subdivision Not In Subdivision
County Carteret
Stipulation of Sale None
Property Type G
Location Shopping Center
Auction No
Tax Year 0
Status Active
Lot Sqft 0.00
Days on Market 287
City Limits Yes
Sub-Type Food Service
Year Built 2001
City Morehead City
Location Type Mainland
Street Name Highway 70
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Interior
Basement None
Flooring Tile
Attic None
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Exterior
Lot Dimensions 00
Parking Features Parking Lot Shared
Lot Acres 0.00
Road Type/Frontage 4+ Lanes Maintained Public (City/Cty/St)
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* Excluded Features
List By
Bradberry Garner Real Estate

Listing Agent

Keller Williams Crystal Coast

Broker

bradberrygarner@gmail.com

Email

Affordability Calculator

$6,447
Per Month
100%
0%
0%
Monthly Principal & Interest
$6,447
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
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Nearby
3960720 Elementary School
3960847 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/3/2024$970,000 -19.17% Price Down
11/28/2023$1,200,000 -14.29% Price Down
10/13/2023$1,400,000 -22.22% Price Down
8/18/2023$1,800,000 Listed Price

Map


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5380 Highway 70 W, Morehead City, NC, 28557 is a Commercial Property for sale at $970,000. 5380 Highway 70 W is a studio with 0.0 baths and was built in 2001. The property's zip code is 28557 which is in Morehead City, NC