5380 Highway 70 W, Morehead City, NC

$499,900

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About 5380 Highway 70 W

Turn-Key Restaurant Business for Sale - Prime Morehead City LocationThis well-established, turn-key restaurant is a rare opportunity for a new owner to step into a thriving operation with over 19 years of local success. Located in a high-traffic shopping center directly on Hwy 70 in Morehead City--less than 10 miles from Atlantic Beach--Kountry Kitchen enjoys strong visibility and consistent customer flow. Currently operating seven days a week for breakfast and lunch, the restaurant serves a dedicated and loyal clientele, with a seating capacity of 120 across a spacious 3,861 sq ft layout. The sale includes all equipment and inventory on hand, allowing for a seamless transition. The current owner, a respected veteran of the local restaurant scene, has built a stellar reputation and is now ready to retire--creating an exciting opportunity for a new operator to carry on this legacy or bring a fresh vision to the space. A confidentiality agreement is required to access financial details. Buyer will need to negotiate a new lease with the landlord. Carteret County was recently ranked the #1 place to retire in North Carolina and #10 nationwide by Niche, adding long-term value to this investment. Don't miss your chance to own one of the area's most beloved dining spots in a growing coastal market!

Features of 5380 Highway 70 W

MLS® # 100400652
Price $499,900
Year Built 2001
Type Comm Sale or Lease
Sub-Type Food Service
Status Active

Community Information

Address 5380 Highway 70 W
Area Not In Subdivision
Subdivision Not In Subdivision
City Morehead City
County Carteret
State NC
Zip Code 28557

Amenities

Amenities No Amenities
Utilities Water Available
Features Delivery Door, Refrig Storage, Walk-in Cooler, Storage Inside, Fixtures/Furniture
Parking Parking Lot, Shared Driveway

Interior

Heating Heat Pump
Cooling Central Air
Fireplace No

Exterior

Lot Description 00

Additional Information

Date Listed August 18th, 2023
Days on Market 692
Zoning Commercial
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKeller Williams Crystal Coast

Listing Map

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