817 Cedar Street, Beaufort, NC 28516

$895,000
Property Type: Comm Sale or Lease Square Footage: 1,566 Lot Size (sq. ft.): 12,066 Status: Active
Current Price: $895,000 List Date: 2/09/2026 Last Modified: 3/01/2026

Description

Wonderful opportunity to own a high-volume, ''local favorite'' breakfast diner located just three blocks from Front Street in the heart of downtown Beaufort, North Carolina. Situated on a prime corner lot with a traffic stoplight, this property boasts exceptional visibility and accessibility, including a drive-through window and an outdoor seating area. Currently seating approximately 50 people, the establishment has been remodeled, featuring new kitchen equipment, a new roof, and a new HVAC system. Operating strictly on breakfast hours, the business is currently generating substantial profit. The property is currently run by an absentee owner with a reliable staff of 4-5 employees, making it perfectly suited for a hands-on operator who can maximize profits by replacing 1-2 shifts and driving this expansion. Furthermore, the property is zoned CSMU (Commercial/Mixed-Use), allowing for diverse future development opportunities. Owner is divesting to reinvest capital into other business ventures. Please note that this is a confidential listing; Interested parties must not visit the site to discuss the sale or speak with employees, and all inquiries must be directed through the listing agent. Artistic renderings are used to protect the identity of the business while representing the property's layout and potential. Owner is also willing to discuss some partial owner financing. This establishment holds untapped potential of increase in revenue immediately, simply by extending hours to include lunch, which is in high demand in this immediate area.

More Information MLS# 100553523

Building/Ext Features

# of Units: 0 Fireplace Y/N: No Lot Acres: 0.28 Lot SqFt: 12066 Lot Dimensions: 110 x 110 x 110 x 110 SqFt - Total Available: 1566 Location Type: Mainland

Contract Info

Available Date: 2026-02-09 Delayed Marketing?: No Sub-Type: Business Garage: N/A Sale/Lease: Sale List Price/SqFt: 571.52 Stipulation of Sale: Standard Status: Active Marketing Start Date: 2026-02-09 Listing Price: 895000 Current Price: $895,000

Location Information

City Limits: Yes Secondary Subdivision: N/A Street #: 817 Street Name: Cedar Street Suffix: Street County: Carteret State/Province: NC Zip Code: 28516 Subdivision: Not In Subdivision Geo Lat: 34.717785 Geo Lon: -76.656999

Remarks and Showing

Sign on Property: No Directions to Property: Live Oak Street into Beaufort, corner of Live Oak and Cedar Street.

Building Info

New Construction: No

Legal and Taxes

Tax Assessed Value: 385597 Deed Book: 1159 Deed Page: 210 Legal: Corner Cedar St & Live Oak St. Town of Beaufort Broker Owner: No PID: 730618309415000 Tax Identifier: 730618309415000 Plat Book: 0 Plat Page: 0 Total Real Estate Property Taxes: 3474.14 Special Assessments: none known Tax Year: 2024 Zoning: CSMU HOA: No Cobra Zone: No Year Built: 1961

Business Type

Food Service: 1

Construction

Block: 1 Wood Frame: 1

Lot Water Features

None: 1

Exterior Finish

Block: 1 Wood Siding: 1

Foundation

Slab: 1

Flooring

Tile: 1

Fuel Tank

Propane Above Ground: 1

Fuel Tank Ownership

Leased: 1

Parking Features

On Site: 1 Paved: 1

Sale/Lease Includes

Buildings: 1 Business: 1 Fixtures: 1 Furniture: 1 Land: 1

Roof

Membrane: 1

Lot Description

Corner Lot: 1

Road Type/Frontage

4+ Lanes: 1 Maintained: 1 Paved: 1 Public (City/Cty/St): 1

Cooling

Central Air: 1

Location

Gen Bus District: 1

Heating

Heat Pump: 1

Heating System Fuel Source

Coal: 1 Electric: 1

Water Heater

Propane: 1

Utilities

Water Available: 1

Water Source

Municipal Water: 1

Sewer

Municipal Sewer: 1

BuildingExt Features

SqFt - Heated (Primary): 1566

Property Features

Business Type: Food Service Construction: Block; Wood Frame Exterior Finish: Block; Wood Siding Flooring: Tile Foundation: Slab Fuel Tank: Propane Above Ground Fuel Tank Ownership: Leased Parking Features: On Site; Paved Roof: Membrane Lot Description: Corner Lot Location: Gen Bus District Lot Water Features: None Cooling: Central Air Heating: Heat Pump Heating System Fuel Source: Coal; Electric Water Heater: Propane Utilities: Water Available Sewer: Municipal Sewer Water Source: Municipal Water
Listing Office: Cole Real Estate and Property Management
IDX
Last Updated: March - 01 - 2026
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