Business at 817 Cedar Street, Beaufort, NC 28516
1 photo

$825,000

817 Cedar Street, Beaufort, NC 28516
Beaufort, NC 28516
Listed by John Matthew Cole · Legacy Real Estate Group
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1961

About this home

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.

Property details

MLS
Hive MLS
MLS #
100553523
Property type
Business
Subdivision
Not In Subdivision
Status
Active
Days on market
250
On market date
February 9, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.28 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Beaufort Elementary
1 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
4.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
394
Student:teacher ratio
11.9:1
District
Carteret County Public Schools
Middle
Beaufort Middle
1.11 mi away · Grades 5-8
Zoned school (attendance boundary, 2015-16 data)
3.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
242
Student:teacher ratio
11.5:1
District
Carteret County Public Schools
High
East Carteret High
4.62 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
4.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
550
Student:teacher ratio
13.8:1
District
Carteret County Public Schools

Walkability

Blended score for Beaufort's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.

43
Somewhat walkable
out of 100
EPA National Walkability Index
8.5 / 20 -- Below average walkable

Market position

How this listing compares to current activity in Beaufort, from live MLS data.

On the market 250 days -- 68 more days than Beaufort's current average of 182 days.
For reference, the median list price across 243 active listings in Beaufort right now is $394,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$5,118/mo
$165,000 down
$660,000 loan
Principal & interest$4,281
Property tax (est.)$688
Home insurance (est.)$150

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Data source: Listing information provided by Hive MLS via Trestle/CoreLogic. Last updated August 19, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.