PRICE IMPROVEMENT! Excellent opportunity to bring new life to this former bar and lounge space with strong potential for a vibrant hospitality concept. The flexible layout makes it ideal for a bar, lounge, entertainment venue, or creative mixed-use concept. The owner is open to a variety of business ideas but would love to see the space revived as a bar/lounge concept. The front portion of the building can easily be sectioned off, creating an excellent opportunity for a bakery, café, coffee shop, or grab-and-go concept that complements the main space. To further enhance the property's appeal, the owner plans to add an approximately 1,000 sq. ft. covered outdoor seating area, perfect for patio dining, live music, social gatherings, and expanding customer capacity. The owner is also open to partnering with the right operator who shares the vision of transforming the space into a lively destination for the community. This is a unique opportunity for an entrepreneur looking to create a standout venue with both indoor and outdoor entertainment potential.
| MLS # | 100561429 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1950 |
| Days On Site | 226 |
| Listing Provided By | BlueCoast Realty Corporation | Jackie L Leonard |
| SQ Feet | 2,209 |
|---|---|
| Zoning | B-2 |
| Acreage | 0.53 |
| Heating Yes / No | Yes |
|---|
| Lot Features | Cleared |
|---|---|
| Construction Materials | Concrete, Vinyl Siding, Wood Frame |
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | No |
| Parking Features | Parking Lot, Unpaved |
| Utilities | Electricity Available |
|---|
| Tax Assessed Value | 889500 |
|---|---|
| Tax Book Number | 6610 |
| Tax Legal Description | PT Fm S Castle Hayne |
| Tax Year | 2025 |
| State | NC |
|---|---|
| County | New Hanover |
| City | Castle Hayne |
| Zip Code | 28429 |
| Community Name | Castle Hayne |
| Listing VS Median (in Castle Hayne) | |
Price: $3,500 low | high Med: $626,750 sqft: 2,209 low | high Med: 2,331 $ / sqft: $2 low | high Med: $256 On site: 226 low | high Med: 204.5 | |
| State | NC |
|---|---|
| County | New Hanover |
| City | Castle Hayne |
| Zip Code | 28429 |
| Community Name | Castle Hayne |
| Listing VS Median (in Castle Hayne) | |
Price: $3,500 low | high Med: $626,750 sqft: 2,209 low | high Med: 2,331 $ / sqft: $2 low | high Med: $256 On site: 226 low | high Med: 204.5 | |