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109-113 117 Fort Fisher Blvd N, Kure Beach - Kure Beach, NC Development Opportunity 0.35 Acres of Commercial Land in Kure Beach, NC 28449
Investment Highlights
- Close Proximity to the beach
Executive Summary
While the offering is marketed primarily for its redevelopment potential, the homes may also be renovated and retained as long-term investment properties. Alternatively, the existing improvements could provide interim income during planning and permitting for future development.
Development Potential:
The B-1 zoning designation allows a variety of commercial and residential uses, including multi-story buildings. This creates a strong opportunity for a mixed-use redevelopment project that could combine street-level commercial activity with upper-floor residential or lodging uses. Potential concepts include:
• Ground-floor retail, restaurant, or service-oriented businesses.
• Residential condominiums or apartments on upper floors.
• Vacation rental units with convenient access to the beach and downtown amenities.
Protected Ocean Views Potential:
A particularly compelling feature of the assemblage is its ocean view potential, which is uniquely protected by a city-owned park located between the properties and the Atlantic Ocean.
Location Advantage:
With close proximity to the beach, local attractions, and established neighboring businesses, this assemblage offers a rare opportunity to create a landmark project in one of North Carolina’s most desirable coastal communities.
About Kure Beach:
Kure Beach is a small coastal town on Pleasure Island, North Carolina, incorporated in 1947. It is known for its fishing pier, nearby Fort Fisher State Recreation Area, Carolina Beach attractions, and the North Carolina Aquarium. The town is approximately 15 miles south of Historic Downtown Wilmington and about a 30-minute ferry ride from Southport along the Cape Fear River.
Property Facts
1 Lot Available
Lot
| Lot Size | 0.35 AC |
| Lot Size | 0.35 AC |
Offered as an assemblage, the three parcels at 109, 113, and 117 N. Fort Fisher Boulevard total approximately 0.35 acres with 150ft of road frontage and 100ft depth. Each parcel includes an existing home. $2,250,000.00
Description
Development Potential: The B-1 zoning designation allows a variety of commercial and residential uses, including multi-story buildings. This creates a strong opportunity for a mixed-use redevelopment project that could combine street-level commercial activity with upper-floor residential or lodging uses. Potential concepts include: • Ground-floor retail, restaurant, or service-oriented businesses. • Residential condominiums or apartments on upper floors. • Vacation rental units with convenient access to the beach and downtown amenities. Protected Ocean Views Potential: A particularly compelling feature of the assemblage is its ocean view potential, which is uniquely protected by a city-owned park located between the properties and the Atlantic Ocean. Location Advantage: With close proximity to the beach, local attractions, and established neighboring businesses, this assemblage offers a rare opportunity to create a landmark project in one of North Carolina’s most desirable coastal communities. About Kure Beach: Kure Beach is a small coastal town on Pleasure Island, North Carolina, incorporated in 1947. It is known for its fishing pier, nearby Fort Fisher State Recreation Area, Carolina Beach attractions, and the North Carolina Aquarium. The town is approximately 15 miles south of Historic Downtown Wilmington and about a 30-minute ferry ride from Southport along the Cape Fear River.
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109-113 117 Fort Fisher Blvd N, Kure Beach - Kure Beach, NC Development Opportunity
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