6724 Carolina Beach Road

Multi-Family for Sale
Catylist Listing ID: 30021682
Property Subtypes: Mixed Use, Other
Number of Units: 2 Units
Building Size (RSF): 6,700 SF
Sale Price: $900,000
Unit Price: $450,000 Per Unit
Property Use Type: Investment
Usable Size (USF): 6,700 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/19/2017

Overview / Comments

OUTSTANDING OPPORTUNITY TO DEVELOP A VARIETY OF PROJECTS LIKE STORAGE, MULTI-FAMILY APARTMENTS, PATIO OR COTTAGE HOMES INCLUDING VARIOUS RETAIL on this approximate 5.78 acre site with 387' of frontage on Carolina Beach Road (Hwy 421). THE SELLER WILL CONSIDER ASSISTING BUYER TO RE-ZONE THE PROPERTY FROM R-15 TO B-1, B-2, MFM OR I-1 AS IS THE ADJACENT PROPERTY. In addition, there is a 4,000 sf multi-level home, an extremely oversized basement with 2 roll up garage doors including a fireplace and large workshop. Behind the house is a 2,700 sf warehouse also used as a workshop and storage facility. Property has deep well and a septic system with county sewer to the west and eater on front of site. Home is still occupied, therefore all viewings of home must be by appointment. 2017 APPRAISAL AS RESIDENTIAL IN OUR FILE.

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Tax ID/APN: 313210.36.5219.000
Zoning: R-15
Lot Frontage: 387
Lot Depth: 781
Water Service: Well
Sewer Type: Septic
Easements: Utilities

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,760 18,596 43,653
Median Age: 42.17 42.28 40.65
Households: 1,879 7,762 18,358


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