null, Carolina Beach, NC, 28428

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Carolina Beach, NC 28428
1,342 SqFt
Other / Rental

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18 min from 1784 Upper Ranch Rd

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*** Pavilion Avenue S ,Carolina Beach - See Price Rent

1,342 SqFt

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Property Details
Contact
Price Info
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Property Details for null St, Carolina Beach, NC 28428

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Sale Type

This property is offered for rent and/or lease directly by its owner. If you are interested in purchasing this property then you should contact the owner directly.

Description

Presenting 12 Pavilion Avenue, positioned on the oceanfront side of the iconic Carolina Beach Boardwalk in the Central Business District of Carolina Beach. The Subject consists of a 1,342sf clear-span block construction retail building positioned on a +/- 1,548sf corner lot. The location enjoys abundant foot traffic throughout the peak tourist season and extended shoulder seasons.nnCBD zoning allows for a wide variety of uses, favorable zero lot line building setbacks and 50' maximum building heights, which positions the Subject for vertical additions or complete redevelopment. The Sellers have conducted two concept plans for vertical additionsone adding an additional floor to include a rooftop deck and bar, the other adding two additional floors including the rooftop deck and bar. The Sellers have performed structural work in accordance with engineered plans to ensure the building can support such vertical additions.nnThe Subject is positioned between Carolina Beach's newest hotelsthe 100 room, 26 suite Hampton Inn & Suites and the 144 room, 18 suite Courtyard by Marriot Oceanfront. Including these hotels, the Subject is surrounded by over 500 hotel rooms and vacation rental homes within less than a mile radius. In addition, the Town enjoys a large number of year-round residents.nnThe Carolina Beach Boardwalk has been a famous destination for tourists and residents alike since its first iteration in 1887. The past decade has been extremely transformative for the Boardwalk, sparked by a complete renovation and extension beginning in 2013 then followed by the construction of the Courtyard by Marriot and the Hampton Inn & Suites at either end. In addition to the diverse business mix, locals and tourists enjoy festivals, outdoor music, weekend fireworks and carnival attractions throughout a majority of the year. The area continues to experience robust investment, further elevating the area's income and net worth demographics and spurring continued development.

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Property Brokerage: Nest Realty 990 Inspiration Dr. Wilmington NC 28405
Copyright � 2024 NCRMLS/ Cape Fear Realtors MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

All information provided is deemed reliable, but is not guaranteed and should be independently verified.

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Carolina Beach, NC 28428

*** Pavilion Avenue S ,Carolina Beach - See Price Rent

Property Details for null St, Carolina Beach, NC 28428

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