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311 Atlantic Beach Cswy 5,857 SF 100% Leased Retail Building Atlantic Beach, NC 28512 $2,999,000 ($512.04/SF)
Investment Highlights
- 5 units.
- Prime Atlantic Beach location.
- Dedicated Drainage Field.
- Zoned COR-3.
- Billboard Tenant(s).
- Ice Machine Tenant.
Executive Summary
Discover an exceptional investment opportunity in the heart of Atlantic Beach, NC. This well-maintained 5,857 SF building, featuring 5 units and built in 1989, presents an ideal prospect for retail and strip center investors. Zoned COR-3, the property offers versatility and potential for a range of retail businesses. Currently boasting an impressive 80% occupancy rate, this prime investment provides a strong foundation for future growth and income generation. With its established presence in the thriving Atlantic Beach area, this property represents a compelling option for investors seeking to capitalize on the area's dynamic commercial environment.
Discover the perfect location for your retail investment in Atlantic Beach, NC. Nestled along the beautiful Crystal Coast, the area offers a unique blend of beachside charm and vibrant commercial opportunities. The Atlantic Beach Boardwalk, just minutes from the property, attracts a steady stream of visitors with its eclectic mix of boutiques, galleries, and local eateries. Nearby Fort Macon State Park and the North Carolina Aquarium at Pine Knoll Shores provide additional attractions, drawing a diverse crowd of tourists and locals alike. With its prime coastal location and bustling retail scene, the area presents an exceptional opportunity for retail and street retail investors looking to capitalize on the area's dynamic energy and year-round appeal. Property located in flood zone.
Discover the perfect location for your retail investment in Atlantic Beach, NC. Nestled along the beautiful Crystal Coast, the area offers a unique blend of beachside charm and vibrant commercial opportunities. The Atlantic Beach Boardwalk, just minutes from the property, attracts a steady stream of visitors with its eclectic mix of boutiques, galleries, and local eateries. Nearby Fort Macon State Park and the North Carolina Aquarium at Pine Knoll Shores provide additional attractions, drawing a diverse crowd of tourists and locals alike. With its prime coastal location and bustling retail scene, the area presents an exceptional opportunity for retail and street retail investors looking to capitalize on the area's dynamic energy and year-round appeal. Property located in flood zone.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
5,857 SF
Building Class
C
Year Built
1989
Price
$2,999,000
Price Per SF
$512.04
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Lot Size
0.62 AC
Zoning
GB - General Business
Parking
28 Spaces (4.88 Spaces per 1,000 SF Leased)
Frontage
107’ on Atlantic Beach Cswy
Amenities
- Pylon Sign
- Signage
- Drive Thru
Fairly walkable
40/100
Very drivable
80/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 6375.12.95.5139000 | Improvements Assessment | $342,067 |
| Land Assessment | $347,225 | Total Assessment | $689,292 |
Property Taxes
Parcel Number
6375.12.95.5139000
Land Assessment
$347,225
Improvements Assessment
$342,067
Total Assessment
$689,292
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