For Sale
$4,500,000

218 Charlotte AveCarolina Beach, NC 28428

Prime 0.57-acre lot, MX zoning, motel on-site.

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 0.57-acre commercial land parcel, located at 218 Charlotte Avenue in Carolina Beach, North Carolina, presents a unique investment opportunity. The property is zoned MX (Mixed Use), offering versatile development potential within a transitional district designed to bridge intensified commercial areas with residential neighborhoods. This strategic location allows for a blend of uses, including single-family homes, two-family dwellings, and small-scale office or institutional buildings. Currently, an 18-room motel occupies the site, providing immediate income potential or a redevelopment opportunity. The property's address is 218 Charlotte Avenue, Carolina Beach, NC 28428, with APN R09006-025-005-000. The asking price is $4,500,000. This mixed-use zoning allows for a variety of development options, making it an attractive investment for developers seeking a blend of residential and commercial uses in a desirable coastal location. The existing motel provides a valuable asset, whether for continued operation or future integration into a larger development plan. This property offers significant upside potential in a thriving coastal community.

Highlights

  • $4,500,000 asking price.
  • 0.57-acre commercial land parcel.
  • Located at 218 Charlotte Ave, Carolina Beach, NC 28428 (APN: R09006-025-005-000).
  • MX zoning permits mixed-use development, including residential and small-scale commercial uses.
  • Existing 18-room motel on site offers immediate income potential or redevelopment opportunity.

Property Details for 218 Charlotte Ave

Property type
Land
Lot Size (sq. ft)
24,829 SF

Location Insight

City
Carolina Beach
County
New Hanover
State
North Carolina
Latitude
34.0332522
Longitude
-77.8960899
218 Charlotte Ave, Carolina Beach, North Carolina

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Contacts

Jeff Hovis
Jeff Hovis
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218 Charlotte Ave, Carolina Beach, North Carolina, 28428

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

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218 Charlotte Ave
  • Jeff Hovis
    Jeff Hovis
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(910) 512-2205

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