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417 N Howe St
Southport, NC 28461

$875,000 USD

Storefront Retail Residential Condo For Sale  •  2,124 SF

Property Details

  • Property Type Storefront Retail Residential
  • Total Building Size 5,667 SF
  • Building Class B
  • Year Built 2000
  • Tenancy Multiple
  • Zoning BD
0 Transit Score
70 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit C (A) Retail 2,124 SF $875,000 USD
  • Unit Size: 2,124 SF
  • Condo Use: Retail
  • Price: $875,000 USD
  • Sale Type: Investment
  • Price/SF: $411.96 USD
Description
Investment Opportunity in Southport's Business District! This rare mixed-use condo in the heart of Southport offers a fantastic opportunity for investors. Located within the Cape Fear Mercantile Center, this two-story unit is situated in a desirable area of Howe Street, surrounded by a variety of shops and restaurants, all within walking distance. Key Features: Property is Fully Leased: The 1,104 SF ground floor is occupied by a thriving retail bakery, and the 1,110 SF second level is a leased one-bedroom residence. Prime Location: Positioned in a busy commercial district, ideal for high foot traffic and local engagement. Don't miss your chance to own a prime piece of Southport real estate. HOA Dues are approximately $2500-3000 / Yearly. Buyers are encouraged to review the Covenants, Conditions, and Restrictions prior to purchase. Property is located in the vicinity of former Towngate Cleaners, a site identified by the NC DEQ under the DSCA program. More information available on property fact sheet.

Sale Notes
Key Features:
-Property is Fully Leased:
-The ground floor is occupied by a thriving retail bakery
-The second floor is a leased one-bedroom residence
-Situated in a desirable area of Howe Street, surrounded by a variety of shops and restaurants, all within walking distance.

Description 

Investment Opportunity in Southport's Business District! This rare mixed-use condo in the heart of Southport offers a fantastic opportunity for investors. Located within the Cape Fear Mercantile Center, this two-story unit is situated in a desirable area of Howe Street, surrounded by a variety of shops and restaurants, all within walking distance. Key Features: Property is Fully Leased: The ground floor is occupied by a thriving retail bakery, and the second floor is a leased one-bedroom residence. Total Space: Approximately 2,142 sq. ft. (currently verifying exact square footage and will update once process is complete). Prime Location: Positioned in a busy commercial district, ideal for high foot traffic and local engagement. Don't miss your chance to own a prime piece of Southport real estate. HOA Dues are approximately $2500-3000 / Yearly. Buyers are encouraged to review the Covenants, Conditions, and Restrictions prior to purchase. Property is located in the vicinity of former Towngate Cleaners, a site identified by the NC DEQ under the DSCA program. More information available on property fact sheet. USPS Address is Unit C. Legal Description and Plat Map identify unit as A. Restricted hours for showing. Showings Require 24 hour notice.

Public Transportation

AirportDriveWalkDistance
Wilmington International 56 min - 34.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Jonathan McLaughlin 910-278-5213 Margaret Rudd & Associates, Inc.
Jonathan McLaughlin 910-278-5213 Margaret Rudd & Associates, Inc.