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25202 Island Pines Dr 1,850 SF Retail Building Waves, NC 27982 $837,552 CAD ($452.73 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Heavy traffic area on the only highway in a busy tourist vacation destination. Close to 3 major campgrounds and vacation rental properties.

EXECUTIVE SUMMARY

Are you the right entrepreneur for this commercial spot?
Positioned in a high-visibility, high-access corridor, this property is surrounded by campgrounds, residential neighborhoods, and hotels—ideal for capturing both local and visitor traffic. It’s a rare chance for a buyer with vision: reimagine the space as a restaurant, retail concept, gathering spot, or something entirely new.
Since opening in 1995, this beloved eatery has charmed generations with its warm, unpretentious atmosphere, much of it enjoyed from the rustic screened porch that has become part of its identity. The building previously seated 52 guests across two cozy, dual-level screened porches adorned with eclectic island-inspired décor.
Whether you’re looking to revive a classic or reinvent the space altogether, the potential here is wide open.

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,850 SF
Building Class
C
Year Built
1995
Price
$837,552 CAD
Price Per SF
$452.73 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.09
Lot Size
0.46 AC
Zoning
C - Commercial
Parking
14 Spaces (7.57 Spaces per 1,000 SF Leased)
Frontage
164’ on North Carolina Highway 12

AMENITIES

  • Corner Lot
  • Restaurant
  • Signage
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
014250016
Land Assessment
$276,186 CAD
Improvements Assessment
$425,410 CAD
Total Assessment
$701,596 CAD
  • Listing ID: 36712092

  • Date on Market: 2025-07-12

  • Last Updated:

  • Address: 25202 Island Pines Dr, Waves, NC 27982

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