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1800 Carolina Beach Avenue N

Carolina Beach, NC 28428
  • $2,700,000
  • STATUS: Active
  • ON SITE: 100 Days
  • MLS #: 100287871
UPDATED: 132 min ago
$2,700,000
  • 0
    BEDS
  • 1.7
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,267
    SQFT
  • $826
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1998
County:

School Ratings & Info

Description

Presenting for sale the iconic Carolina Beach Pier, encompassing the pier house, pier and pay parking situated on +/- 1.7 acres of oceanfront land. Capitalizing on Pleasure Island's best sunrise to sunset views from Masonboro and Carolina Beach Inlet to the north to past Fort Fisher to the south, this offering provides one of the most unique opportunities in Southeastern North Carolina. The current main profit centers are High Tide Lounge, Low Tide Tiki Bar, Pier Grill and paid parking for over 100 vehicles. The subject carries full ABC permits including a rare carryout alcoholic beverage permit. Family ran for generations, the income is currently heavily cash based. Known as a destination for locals and tourists alike, Carolina Beach Pier enjoys strong sales volumes through shoulder and peak tourist seasons as well as steady volume through the offseason. Many opportunities for repositioning and value-add exist through strengthening management and personnel structures, expanding and elevating menu options, adding event and wedding rentals, film industry location, etc. The pier house underwent renovations and updates in 2018-2020 including a new roof, new HVAC, fresh interior and exterior paint, new hood in the commercial kitchen and refinished floors. Priced below tax value, this offering provides immediate cashflow and is positioned for increasing profits through multiple avenues

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© 2021 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. Data last updated 2021-12-04T23:56:46.357.
www.thecheekteam.com/homes/120830066
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1800 Carolina Beach Avenue N Carolina Beach, NC 28428

  • Price: $2,700,000
  • Status: Active
  • On Site: 100 Days
  • Updated: 132 min ago
  • MLS #: 100287871
0
Beds
0
Baths
0
½ Baths
1.7
Acres
3,267
SQFT
$826
$/SQFT
1998
Built
Neighborhood:
Not In Subdivision
County:
New Hanover
Area:
Carolina Beach
Property Description
Presenting for sale the iconic Carolina Beach Pier, encompassing the pier house, pier and pay parking situated on +/- 1.7 acres of oceanfront land. Capitalizing on Pleasure Island's best sunrise to sunset views from Masonboro and Carolina Beach Inlet to the north to past Fort Fisher to the south, this offering provides one of the most unique opportunities in Southeastern North Carolina. The current main profit centers are High Tide Lounge, Low Tide Tiki Bar, Pier Grill and paid parking for over 100 vehicles. The subject carries full ABC permits including a rare carryout alcoholic beverage permit. Family ran for generations, the income is currently heavily cash based. Known as a destination for locals and tourists alike, Carolina Beach Pier enjoys strong sales volumes through shoulder and peak tourist seasons as well as steady volume through the offseason. Many opportunities for repositioning and value-add exist through strengthening management and personnel structures, expanding and elevating menu options, adding event and wedding rentals, film industry location, etc. The pier house underwent renovations and updates in 2018-2020 including a new roof, new HVAC, fresh interior and exterior paint, new hood in the commercial kitchen and refinished floors. Priced below tax value, this offering provides immediate cashflow and is positioned for increasing profits through multiple avenues
Exterior Features

Construction Wood Frame Exterior Finish Wood Siding Foundation Pilings Location See Remarks Location Type Island Lot Description Oceanfront Lot Dimensions 222X300x289x114x17x120 Lot Water Features Ocean Front Number Of Parking Spaces 125 Roof Shingle

Interior Features

Cooling System Central Flooring Wood Heating System ElectricForced Air Water Heater Electric

Property Features

Auction No City Limits Yes Cobra Zone No Hoa YN No New Construction No Possession At Closing Sale Lease Includes BuildingsBusinessEquipmentFixturesFurnitureInventoryLandLicenses/Permits Sale Or Lease Sale Secondary Subdivision N/A Stipulation Of Sale None Tax Year 2021 Terms 1031 ExchangeCashSba Water Sewer City WaterComm Sewer Zoning R-1



Listing information © 2021 NCRMLS
Listing provided courtesy of Eric G Knight of Nest Realty.


© 2021 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. Data last updated 2021-12-04T23:56:46.357.
 
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