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Agent's Comments
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 provided courtesy of the MLS.