810 N Lake Park Blvd

Retail-Commercial for Sale
Catylist Listing ID: 30595338
Property Subtypes: Free-Standing Building
Building Size (RSF): 2,684 SF
Gross Building Area: 3,452 SF
Sale Price: $1,025,000
Unit Price: $381.89 PSF
Property Use Type: Vacant/Owner-User
Usable Size (USF): 3,452 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/7/2020

Overview / Comments

Freestanding commercial building in Carolina Beach at 810 N Lake Park Blvd. Located on east side of highly traveled N Lake Park Blvd Building is located between the BP Station and Berts Surf Shop. This 2684 sq. ft. building is sold together with a single family home (112 Winner Ave.) behind it that holds over flow parking for the commercial building. House has been on a short-term rental program or could be long-term rented. 810 NLPB has one large single level building with 15 x 14 loading bay with new garage door, attached 19 x 14 storage area off the rear, 2 separate bathrooms (one with two toilet stalls) and large open area. Two HVAC’s are 2+ years old. On rear of property is a separately metered - power- 32 x 24 building. There is a door entrance, garage door loading area and a full bathroom. The single family home at 122 Winner Ave is 3 bedrooms, 2 full baths and has 7 parking spaces for the commercial building as overflow parking. All arcade games and business items will be removed prior to closing. Only real estate conveys. Both buildings are sold together or 810 NLPB can be sold separately for 699,000.

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Additional Details

Nearest MSA: Wilmington
County: New Hanover
Tax ID/APN: R08818-002-014-000
Retail Clientele: Business, Other
Property Visibility: Excellent
Largest Nearby Street: N Lake Park Blvd
Highway Access: HWY 421 S
Airports: Wilmington International Airport (ILM) 17.6 miles
Total Number of Buildings: 2
Number of Stories: 1
Typical SF / Floor: 2,684 SF
Property Condition: Good
Year Built: 1974
Construction/Siding: Brick
Exterior Description: 810 has brick veneer and 122 Winner has vinyl.
Parking Type: Surface
Parking Description: 9 parking places with 810 and an additional 7 spaces with 122 Winner.
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Other
Internet Access: Cable
Lot Frontage: 83’
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Owned
Legal Description: LOTS 20/21/22 PT 19/44 WINNER/PT LTS 20/21 BATTLEGROUND PARK

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,715 11,122 21,839
Median Age: 46.24 46.76 43.26
Households: 1,314 5,022 9,429
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