Catylist ID: #30756930
Carolina Beach Pier, Bar, Restaurant, Event Space
Special Purpose for SaleAlso listed as Business Opportunity
|Catylist Listing ID:||30756930|
|Building Size (RSF):||3,267 SF|
|Gross Building Area:||See Agent|
|Property Use Type:||Vacant/Owner-User, Business|
|Sale Terms:||Cash to Seller|
Overview / Comments
Presenting for sale the iconic Carolina Beach Pier, encompassing the pier house, pier and pay parking situated on +/- 1.7 acres of oceanfront land. Capitalizing on Pleasure Island's best sunrise to sunset views from Masonboro and Carolina Beach Inlet to the north to past Fort Fisher to the south, this offering provides one of the most unique opportunities in Southeastern North Carolina.
The current main profit centers are High Tide Lounge, Low Tide Tiki Bar, Pier Grill and paid parking for over 100 vehicles. The subject carries full ABC permits including a rare carryout alcoholic beverage permit. Family ran for generations, the income is currently heavily cash based. Known as a destination for locals and tourists alike, Carolina Beach Pier enjoys strong sales volumes through shoulder and peak tourist seasons as well as steady volume through the offseason.
Many opportunities for repositioning and value-add exist through strengthening management and personnel structures, expanding and elevating menu options, adding event and wedding rentals, film industry location, etc.
The pier house underwent renovations and updates in 2018-2020 including a new roof, new HVAC, fresh interior and exterior paint, new hood in the commercial kitchen and refinished floors.
Priced under tax value, this offering provides immediate cashflow and is positioned for increasing profits through multiple avenues
|Zoning:||R-1 WITH CONDITIONAL USE PERMIT|
|Property Located Between:||The Intracoastal Waterway and the Atlantic Ocean|
|Total Number of Buildings:||1|
|Number of Stories:||2|
|Construction/Siding:||Wood Frame, Wood Siding|
|Parking Description:||Sand lot|
|In Flood Plain?:||Yes|
|Proximity:||1 mile||3 miles||5 miles|
Eric KnightNest Realty NCCMLS Member
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