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106 Carolina Beach Ave N
Carolina Beach, NC 28428
Carolina Beach Boardwalk Redevelopment · Land For Sale · 0.21 AC

INVESTMENT HIGHLIGHTS

  • Heavy daytime foot traffic
  • Prime beach location for full time residents and tourists
  • Close to two major hotels

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Multifamily
  • Hospitality
  • Bar
  • Convenience Store
  • Hold For Development
  • Hotel
  • Motel
  • Parking Lot
  • Restaurant
  • Specialty, Festival or Entertainment
  • Storefront
  • Storefront, Retail or Office
  • Storefront, Retail or Residential
Total Lot Size 0.21 AC
No. Stories 1
Zoning CBD

DESCRIPTION

Prime redevelopment opportunity in the Central Business District portion of the Carolina Beach Boardwalk. The offering includes .097ac contiguous on the corner of the pedestrian-only portion of Carolina Beach Ave. N. and Pavilion Ave. S. as well as a vacant .11ac parcel at 105 Raleigh Ave. for offsite parking or further development. Adjacent parcels addressed 2 and 6 Harper Ave, totaling an additional .054ac, are available through a different seller with an asking price of $975,000. CBD zoning offers a wide variety of potential uses and favorable zero lot line setbacks and a maximum building height of 50'. The subject can be redeveloped into a four story mixed-use project by utilizing the parcel at 105 Raleigh Ave. for private offsite parking. The sellers designed a concept mixed use plan which includes 4,048 of ground floor commercial space and 9 2br/2ba residential units with balconies. The plan is attached in the documents.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • R09006-020-012-000
  • R09006-007-006-000
  • R09006-007-007-000
Land Assessment
$1,610,300
Improvements Assessment
$355,400
Total Assessment
$1,965,700
  • Listing ID: 27521223

  • Date on Market: 1/16/2023

  • Last Updated:

  • Address: 106 Carolina Beach Ave N, Carolina Beach, NC 28428

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