517 Lewis Dr 24,672 SF Specialty Building Offered at $4,455,913 CAD in Carolina Beach, NC 28428

Established Coastal Storage Facility Pleasure Island Mini Storage has been family owned and operated for over 20 years with an established customer base and strong demand in the Carolina Beach market. 237 Storage Units | 8 Buildings The property includes approximately 25,720 square feet of rentable storage space across eight buildings with a variety of unit sizes. Prime Carolina Beach / Pleasure Island Location Strategically located just over the bridge serving the growing populations of Carolina Beach, Wilmington, and surrounding coastal communities. Strong Existing Income Approximately $321,960 in total gross income for 2025 with opportunities for continued revenue growth. ~90% Current Occupancy Stabilized operations with remaining vacancy providing additional lease-up and revenue upside. Owner currently utilizes approximately 20 units for personal storage. These units are in the process of being cleared and will be available for rental, offering additional immediate revenue potential for a new owner. Owner / Operator Opportunity Includes on-site office and a spacious one-bedroom apartment with appliances, allowing an owner to live and manage the facility on-site or generate additional rental income. Secure Facility Fully fenced storage buildings with video surveillance cameras providing security and peace of mind for tenants. Not Located in a Flood Zone Added security for long-term ownership and financing. Value-Add Potential Opportunity for rental rate increases and operational improvements in a market with limited storage inventory.