12 Pavilion Ave Carolina Beach, NC 28428

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.