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700 N Lake Park Blvd 2,043 SF Retail Building Carolina Beach, NC 28428 For Sale
Investment Highlights
- 1031 Exchange Buyers
- Developers Seeking High-Impact Locations
- Coastal Portfolio Expansion
- Long-Term Hold Investors Focused on Appreciation
Executive Summary
This is a rare chance to own a stabilized, net-leased retail asset in one of North Carolina’s most sought-after beach communities. Situated just a short walk from the ocean and surrounded by retail, restaurants, and vacation homes, this property offers a strong in-place income and long-term value in a location that continues to see rising demand.
Whether you’re looking for a hands-off cash-flowing investment or a prime redevelopment opportunity, this parcel checks every box. Located on the main corridor to Carolina Beach, this site offers unbeatable access and visibility in a market with limited commercial availability
Whether you’re looking for a hands-off cash-flowing investment or a prime redevelopment opportunity, this parcel checks every box. Located on the main corridor to Carolina Beach, this site offers unbeatable access and visibility in a market with limited commercial availability
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,043 SF
Building Class
C
Year Built
1996
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.52 AC
Zoning
HB - Highway Business
Parking
25 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signage
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | R08818-007-021-000 | Improvements Assessment | $329,369 CAD |
| Land Assessment | $731,870 CAD | Total Assessment | $1,061,238 CAD |
Property Taxes
Parcel Number
R08818-007-021-000
Land Assessment
$731,870 CAD
Improvements Assessment
$329,369 CAD
Total Assessment
$1,061,238 CAD
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700 N Lake Park Blvd
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