Development Land @ Hwy 17 & Main St Shallotte

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 30516336
Property Subtypes: Office, Retail, Retail-Pad, Other
Status: Pending
Gross Land Area: 1.89 Acres
Sale Price: $535,000
Unit Price: $283,068 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/11/2021

Overview / Comments

Prime Commercial Development Opportunity at the intersection of Highway 17 and Highway 17 Business (Main Street) in Shallotte, the commercial hub of the South Brunswick Islands. New commercial development at this end of Main Street includes Hardee's which opened Fall 2019 and a car wash with sitework underway. Coastal Walk Marketplace is currently under construction at the intersection of Main Street & Smith Avenue which will feature Ulta, Ross, Marshalls, PetSmart, Hobby Lobby and Rack Room. The Shallotte Riverfront Redevelopment Project is currently in the permitting process and will attract locals and tourists alike traveling the Main Street corridor.

This site is one of the last sites available on the right hand side of the road before exiting on to Highway 17 for those commuting from Shallotte and other South Brunswick Islands communities to Brunswick Medical Center, Brunswick County Government Complex, Leland and Wilmington to the north or Myrtle Beach to the south.

Attachments & Media

Additional Details

Nearest MSA: Myrtle Beach-Conway-North Myrtle Beach
County: Brunswick
Taxing Authority: Brunswick County
Tax ID/APN: 1820013114
Zoning: B2
Property Located Between: Highway 17 and Holden Beach Rd in Shallotte
Property Visibility: Excellent
Legal Description: 1.88 ACRES OLD US-17
Largest Nearby Street: Highway 17 Business (Main Street)
Feet of Frontage: 278
Highway Access: Located at the intersection of Highway 17 and Highway 17 Business (Main Street) in Shallotte.
Airports: Equidistant to Wilmington International and Myrtle Beach International
Site Description: Site is relatively square and flat
Area Description: Shallotte is the commercial hub for the South Brunswick Islands communities of Holden Beach, Ocean Isle Beach, Sunset Beach and Calabash. The large retail stores and diversity of shops and restaurants draw from Bolivia, Supply and Whiteville.
Lot Frontage: 280 feet
Lot Depth: 293 feet
Zoning Description: B-2 Business District: This district is established in which the principal use of land is for the retailing of durable goods, provision of commercial services to residential and industrial areas and the provision of services to transients.
Topography: Level

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 5,223 14,652
Median Age: 45.18 44.31
Households: 2,218 6,215
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