UPDATED:
10/14/2024 09:20 AM
Key Details
Property Type Commercial
Sub Type Improved
Listing Status Active
Purchase Type For Sale
Square Footage 1,449 sqft
Price per Sqft $496
Subdivision Smith & Weeks
MLS Listing ID 100445721
Style Wood Frame
HOA Y/N No
Originating Board North Carolina Regional MLS
Year Built 1920
Annual Tax Amount $1,846
Lot Size 4,835 Sqft
Acres 0.11
Lot Dimensions 37' by 132'
Property Description
BD zoning allows for use as a short term rental, office, or retail or dual use as a residence and business. The current owner has utilized the property as an office housing her physical therapy practice and also as a primary residence. There is a 20 foot paved street easement accessing the rear of the property from Howe Street (this easement is accessed via the road located between Live Oak Cafe and Loco Joe's). The rear of the property includes an ample parking area currently utilized by the seller's physical therapy clients, and an ADA compliant ramp accessing the office area at the rear of the property.
There is sufficient land at the rear of this 37 foot by 132 foot property allowing for significant expansion of the existing square footage either through an expansion of the existing structure or construction of an accessory structure with lots of potential for investment income from additional office space or short term rental units. Business District (BD) zoning allows for zero set backs on the front and sides and 10 foot setbacks on the rear.
While this circa 1920 cottage was likely originally built as a residence by A.J. Robbins a prominent Southport builder, the current zoning does not allow for use as solely a primary residence. However, mixed use as a business combined with a residence is allowed per the City of Southport. The interior of this charming cottage includes multiple offices areas, one bath, gorgeous original wood floors and trim work, and a charming fireplace which has been converted to gas logs.
With valuable frontage on Howe Street, Historic Southport's primary thoroughfare, the potential business opportunities here are endless for this charming piece of Southport History.
Location
State NC
County Brunswick
Community Smith & Weeks
Zoning BD
Direction Take Howe Street into downtown Southport. Property is located on the left just after the intersection with Owens Street.
Rooms
Basement Crawl Space
Interior
Heating Gas Pack, Heat Pump, Propane
Flooring Tile, Vinyl, Wood
Exterior
Garage Off Street
Roof Type Composition
Building
Sewer Municipal Sewer
Water Municipal Water
New Construction No
Others
Tax ID 237ed022
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Special Listing Condition None
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