5380 Highway 70 W, Morehead City, NC 28557 (MLS# 100400652)


$970,000
5380 Highway 70 W
Morehead City, NC 28557
MLS# 100400652



5380 Highway 70 W, Morehead City, NC 28557
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Property Description
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.

Details
Maps
Contract Info
Status: Active
Effective Date: 2023-08-18
Delayed Marketing?: No
Delayed Marketing Date (DM): 2023-08-18
Garage: N/A
Sale/Lease: Sale
Auction: No
Listing Price: 970000
Current Price: $970,000
Sub Agent Comm $/%: %
Buyer Agent Comm: 2.4
Buyer Agent Comm $/%: %
Variable Comm: No
Stipulation of Sale: None
Location Information
Street #: 5380
Street Name: Highway 70
Post Direction: W
County: Carteret
State/Province: NC
Zip Code: 28557
City Limits: Yes
Marketing City: Morehead City
Subdivision: Not In Subdivision
Secondary Subdivision: N/A
Geo Lat: 34.743613
Geo Lon: -76.822969
Remarks and Showing
Directions to Property: Centrally located on Hwy 70 in Morehead City, 1.6 miles from intersection of Hwys 70 and 24.
Sign on Property: No
Building Info
New Construction: No
Building/Ext Features
Lot Dimensions: 00
SqFt - Total Available: 3861
Location Type: Mainland
Legal and Taxes
Broker Owner: No
Special Assessments: None
Year Built: 2001
Zoning: Commercial
Cobra Zone: No
Miscellaneous
Occupancy: 120
Current Use: Restaurant
Property Features
Sub-Type: Food Service
HOA and Neigh Amenities: No Amenities
Attic: None
Basement: None
C & I Features: Delivery Door; Fixtures/Furniture; Refrig Storage; Storage Inside; Walk-in Cooler
Flooring: Tile
Sale/Lease Includes: Business; Equipment; Furniture
Parking Features: Parking Lot; Shared
Road Type/Frontage: 4+ Lanes; Maintained; Public (City/Cty/St)
Current Use: Commercial
Location: Shopping Center
Cooling: Central
Heating: Heat Pump
Heating System Fuel Source: Electric
Water Heater: Electric
Utilities: Municipal Sewer; Municipal Water

Listing Office: Keller Williams Crystal Coast

Last Updated: May - 03 - 2024

5380 Highway 70 W, Morehead City, NC 28557 - MLS# 100400652
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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