For Sale
$950,000

12 Pavilion AveCarolina Beach, NC 28428

Prime oceanfront location, vacant, high potential

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 1,534 square foot retail space, situated on Carolina Beach's vibrant boardwalk at 12 Pavilion Ave N, presents a unique investment opportunity. Located in the Central Business District (CBD) with permitted zoning, this property offers immediate potential for a variety of uses, including bar, restaurant, or storefront. The 0.04-acre lot (1,742 sq ft) allows for expansion beyond the existing 1-story, 1,534 sq ft building, constructed in 1950. Seller-provided renderings showcase potential two- and three-story redevelopment options, maximizing ocean views. The property's previous tenancy ended at lease expiration, indicating a history of successful operation. While the seller's primary goal is a sale, a long-term lease may be considered. This vacant property boasts no owners' dues or association fees, making it an attractive, low-maintenance investment. The property's prime location and flexible zoning regulations offer endless possibilities for a savvy investor. This is a rare chance to acquire a piece of Carolina Beach's iconic boardwalk. The asking price is $950,000. APN: R09006-008-001-000.

Property Details for 12 Pavilion Ave

Property type
Retail properties, Restaurants
Square Feet
1,534 SF
Class
C
Year Built
1950
Buildings
1
Stories
1
Lot Size (sq. ft)
1,742 SF
Units
1

Location Insight

City
Carolina Beach
County
New Hanover
State
North Carolina
Latitude
34.034118068022
Longitude
-77.891527484259
12 Pavilion Ave, Carolina Beach, North Carolina

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12 Pavilion Ave
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