Retail / Office Outparcel For Sale at Carolina Beach

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30588861
Property Subtypes: Car Wash, Convenience Store, Day Care Facility, Free-Standing Building, Garden Center, Mixed Use, Post Office, Restaurant, Retail-Pad, Service Station/Gas Station, Street Retail, Tavern/Bar/Nightclub, Vehicle Related, Other
Status: Pending
Building Status: Proposed
Building Size (RSF): 6,500 SF
Gross Land Area: 0.97 SF
Sale Price: $450,000
Unit Price: $69.23 PSF
Property Use Type: Investment, Vacant/Owner-User
Usable Size (USF): 6,500 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/10/2022

Overview / Comments

0.97 Acre Retail - Office Out parcel for sale in Carolina Beach at Snows Cut Crossing. This is an opportunity to develop multi-tenant retail/office and/or single-tenant retail/office on the highly sought after HWY 421 corridor within Carolina Beach. The site is located next to Food Lion and Walgreens at the first traffic light crossing over the bridge into Carolina Beach, NC. Conceptual site plans available showing a 6,500 SF multi-tenant building on the site.

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Taxing Authority: Carolina Beach
Tax ID/APN: R08800-005-016-000
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation
Property Located Between: At Snows Cut Crossing beside Walgreens
Property Visibility: Good
Largest Nearby Street: N. Lake Park BLVD
Site Description: Located at Snows Cut Crossing next to Food Lion and Walgreens. The property is on the right at the first traffic light as you cross into Carolina Beach from Snows Cut Bridge.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Built: 2020
Parking Type: Surface
Zoning Description: HB - Highway Business District
Part of Planned Development?: Yes
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,101 15,882 25,893
Median Age: 45.84 45.38 42.62
Households: 1,028 6,901 10,938
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