106 Carolina Beach Avenue N, Carolina Beach, NC 28428

$2,300,000
2,359
SqFt
List Price
$2,300,000
Status
ACTIVE
MLS#
100364033
Days on Market
24
Year Built
1941
Living Area
2,359
Acres
0.10
Neighborhood
Not In Subdivision

Property Description

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.

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Calculator source: Real Geeks

Listing courtesy of Nest Realty.

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