1800 Carolina Beach Avenue N, Carolina Beach, NC 28428
$2,225,000
Property Type:
Comm Sale or Lease
Square Footage:
3,267
Lot Size (sq. ft.):
74,052
Status:
Closed
Current Price:
$2,225,000
List Date:
8/26/2021
Last Modified:
4/14/2022
Overview
Description
...
(Read more)
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
Listing Details MLS# 100287871
Contract Info
- Delayed Marketing?
- No
- Marketing Start Date
- 2021-08-24
- Sub-Type
- Improved
- Sale/Lease
- Sale
- Auction
- No
- Listing Price
- 2700000
- List Price/SqFt
- 826.45
- Stipulation of Sale
- Standard
Location Information
- Street #
- 1800
- Street Name
- Carolina Beach
- Street Suffix
- Avenue
- Post Direction
- N
- County
- New Hanover
- State/Province
- NC
- Zip Code
- 28428
- City Limits
- Yes
- Marketing City
- Carolina Beach
- Subdivision
- Not In Subdivision
- Secondary Subdivision
- N/A
Remarks and Showing
- Directions to Property
- 421 S to Left on Carl Winner Dr, Left on Canal Dr, Right on Salt Marsh Ln, property on Left
- Sign on Property
- No
Building Info
- New Construction
- No
BuildingExt Features
- SqFt - Heated (Primary)
- 3267
Legal and Taxes
- Tax Assessed Value
- 2744800
- Deed Book
- 2356
- Deed Page
- 712
- Legal
- Pt 1-6 Blk 217; Lts 1-6 Blk 216 Carolina Beach
- Broker Owner
- No
- PID
- R08807-013-006-000
- Tax Identifier
- R08807013006000
- Special Assessments
- None Known
- Tax Year
- 2021
- Year Built
- 1998
- Zoning
- R-1
- HOA
- No
- Cobra Zone
- No
More Information
Status Change Info
- Under Contract Date
- 2022-01-19
- Sold Date
- 2022-04-14
Property Features
Frontage Type:
Oceanfront
Construction:
Wood Frame
Exterior Finish:
Wood Siding
Flooring:
Wood
Foundation:
Pilings
Roof:
Shingle
Lot Description:
Oceanfront
Location:
See Remarks
Cooling:
Central Air
Heating:
Forced Air
Heating System Fuel Source:
Electric
Water Heater:
Electric
Sewer:
Community Sewer
Water Source:
Public
Terms:
1031 Exchange; Cash; SBA
IDX
Listing Office:
Nest Realty
Last Updated: April - 14 - 2022
Copyright 2026 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.