Mixed Use Investment Property For Sale 5211 Main St 11,172 SF 100% Leased Retail Building Shallotte, NC 28470 $3,964,044 CAD ($354.82 CAD/SF)

Aloha Plaza presents a unique mixed-use investment opportunity in the heart of Shallotte, North Carolina, one of the fastest-growing communities in the Southeast. Situated on approximately 2.34 acres, the property encompasses 11,172± rentable square feet and features a diverse mix of six commercial suites and eight residential units. The asset provides stable in-place income while offering substantial value-add potential through lease-up opportunities, rental rate growth, operational improvements, and the ability to capitalize on excess land for future development.
Strategically positioned with frontage on both Main Street and Sellers Road, the property benefits from dual ingress/egress access, excellent visibility, and strong traffic exposure. In addition to the existing improvements, the property includes excess land that may support additional development, subject to applicable zoning and municipal approvals, providing investors with a unique opportunity to further increase income and maximize the site's long-term value.
Commercial Tenants:
Unit 506 – El Coquis Restaurant
Unit 507 – Prince Picasso Barber Shop
Unit 509 – Cut Hut Hair Salon
Unit 510 – Miracle Ear
Unit 511 – Immortal Ink Tattoo Shop
Unit 512 – Unleashed Dog Groomer
With the exception of the barber shop (Unit 507), all commercial tenants are currently operating on month-to-month leases, providing flexibility for future rental adjustments, redevelopment, or repositioning strategies.
Residential Units
Unit 501 – 2BR / 1BA – Leased
Unit 502 – 2BR / 1BA – Leased
Unit 503 – 1BR / 1BA – Leased
Unit 504 – 1BR / 1BA – Leased
Unit 505 – 3BR / 1.5BA – Vacant
Unit 507A – 2BR / 1BA – Vacant
Unit 507B – 1BR / 1BA – Leased
Unit 508 – 1BR / 1BA – Leased
All residential leases are month-to-month, creating additional opportunities for rental rate growth and improved operational efficiencies.
Aloha Plaza offers investors a compelling combination of current cash flow, flexible lease structures, residential vacancy upside, and future development potential in one of coastal North Carolina's most dynamic growth corridors. Whether maintained as an income-producing asset or repositioned for higher returns, this property presents a unique opportunity to capitalize on the continued growth of the Shallotte market.
Please do not disturb Tenants. Contact Broker with questions or to arrange a property tour.