213 Cape Fear Blvd - Commercial LAND FOR SALE


Carolina Beach, NC 28428 24,829 SF
$3,950,000 USD
910-636-7665
213 Cape Fear Blvd, Carolina Beach, NC for Sale
$3,950,000 USD
Commercial LAND - FOR SALE
1/27
24,829 SF

213 Cape Fear Blvd
Carolina Beach, NC 28428


OVERVIEW

RARE REDEVELOPMENT OPPORTUNITY WITH OWNER FINANCING AVAILABLE - CAROLINA BEACH, NC Located in the heart of one of the East Coast's fastest growing beach towns, this mixed-use property is your gateway to a high ROI redevelopment project just steps from the ocean FLEXIBLE OWNER FINANCING OPTIONS You don't need a bank. We are making it easy for visionary developers and investors. *Only 20% down *Competitive interest rates *We have no lien so we can be the bank *Avoid restrictive conditions compared to traditional financing WHY CAROLINA BEACH? *Booming real estate market with year-over-year growth *Heavy summer tourism + growing off-season rental market *Easy access to Wilmington, NC (20 minute away) *Supportive local government for redevelopment and investment *Maximum 50' building height *Demand for long term rentals for locals and remote workers seeking a coastal lifestyle *Property appreciation-Carolina beach has a history of strong property appreciation This charming coastal town has a blend of classic beach nostalgia and modern charm. From fireworks and live music on the boardwalk to parks and outdoor recreation, Carolina Beach offers a lifestyle that draws millions each year-and this property is right in the center of it all. ABOUT THIS PROPERTY This property consists of a total of 4 lots. 3 of the lots are located at 213 Cape Fear Blvd and includes a 2 story 18 room motel and a house with an office and an apartment. The 4th lot connects to the back of the motel and is addressed at 218 Charlotte Ave. This is a vacant lot and is deeded separate from the other 3 lots. UNMATCHED LOCATION This is your opportunity to invest in one of the most sought-after areas on the Carolina coast. Located just a few blocks from the historic boardwalk, restaurants, shops, entertainment and the beautiful Atlantic Ocean. The flexible mixed-use zoning makes it ideal for a variety of redevelopment uses. Beach-close properties in this zone are becoming increasingly rare-don't miss this opportunity Buyers, renters and vacationers all want to be close to the boardwalk and beach-and this location delivers. READY TO BUILD YOUR VISION? Whether you're a developer, investor or visionary business owner, this property has endless possibilities. Call today for more information or to schedule a private tour with the owner. PLEASE NOTE: This property no longer has a pool. Updated pictures coming soon.

FOR SALE DETAILS

PRICE

$3,950,000 USD

PRICE/ACRE

$6,929,880/AC

PRICE/SF

$159 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Office, Mixed Use, Multi-Family, Hospitality, Apartment Units - Condo, Single Family Residence

LAND ACRES

0.57 AC

LAND SF

24,829 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Cable

ZONING

MX

APN/PARCEL ID

R09006-025-005-000,R09006-025-018-000

ASK ABOUT THIS PROPERTY

Robert RussoRusso's MotelMore Info
910-636-7665

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Robert RussoRusso's MotelMore Info
910-636-7665

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.