Prime redevelopment opportunity in the Central Business District portion of the Carolina Beach Boardwalk. The offering includes .097ac contiguous on the corner of the pedestrian-only portion of Carolina Beach Ave. N. and Pavilion Ave. S. as well as a vacant .11ac parcel at 105 Raleigh Ave. for offsite parking or further development.CBD zoning offers a wide variety of potential uses and favorable zero lot line setbacks and a maximum building height of 50'. The subject can be redeveloped into a four story mixed-use project by utilizing the parcel at 105 Raleigh Ave. for private offsite parking. The sellers designed a concept mixed use plan which includes 4,048 of ground floor commercial space and 9 2br/2ba residential units with balconies. The plan is attached in the documents.
Listing courtesy of Nest Realty.
Copyright 2023 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.