5211 Main St - Storefront Retail/Office FOR SALE


South Brunswick, NC 28470
$2,700,000 USD
910-297-9572
5211 Main St, South Brunswick, NC for Sale
$2,700,000 USD
Storefront Retail/Office - FOR SALE
1/19
null | 8.74% Cap Rate

5211 Main St
South Brunswick, NC 28470


HIGHLIGHTS

  • Aloha Plaza is a fully leased mixed-use property in the heart of Shallotte, NC. The property features a combination of residential and commercial unit
  • Ample parking
  • Prime Location

OVERVIEW

Aloha Plaza is a fully leased mixed-use property in the heart of Shallotte, NC. The property features a combination of residential and commercial units, offering stable income and long-term tenancy. Recent renovations and upgrades have enhanced both the functionality and appeal of the property, making it a well-positioned investment in a growing market. Property Highlights: Total Monthly Rental Income: $27,961 Unit Mix: 8 residential units, 7 commercial units Current Occupancy: 100% Lease Structures: Mix of long-term leases and month-to-month agreements Key Upgrades & Renovations: Structural & Exterior: New roofing on all buildings, exterior repainting, and improved signage. Parking & Accessibility: Parking lot repaved, added designated handicapped spaces, and expanded patio decking. Residential Units: Several units were fully gutted and renovated, with upgrades including new flooring, insulation, kitchens, bathrooms, and electrical wiring. Commercial Spaces: Electrical, plumbing, and HVAC systems upgraded. Restaurant unit (506) received extensive improvements, including a commercial kitchen build-out, added bar area, patio expansion, and outdoor restroom. With a strong rental income base, recent renovations, and a prime location in Shallotte’s business corridor, Aloha Plaza presents a great opportunity for investors seeking a stable asset in a high-demand area. Note: House that is located on Sellers Street will not convey in sale. Members-only remarks Please contact Oliver Evans for all questions and showings. 910-515-0600 Note: House that is located on Sellers Street will not convey in sale.

FOR SALE DETAILS

PRICE

$2,700,000 USD

PRICE/SF

$716 USD /SF

CAP RATE

8.74%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

2.34 AC

LAND SF

101,930 SF

ZONING

C-LD

APN/PARCEL ID

19700062

ASK ABOUT THIS PROPERTY

PJ Doherty, CCIMCarolina Commercial Investment PropertiesMore Info
910-297-9572

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PJ Doherty, CCIMCarolina Commercial Investment PropertiesMore Info
910-297-9572

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