1800 Carolina Beach Avenue N, Carolina Beach, NC 28428

$2,700,000
3,267
SqFt
List Price
$2,700,000
Status
ACTIVE
MLS#
100287871
Days on Market
106
Year Built
1998
Living Area
3,267
Acres
1.7
Neighborhood
Not In Subdivision

Property Description

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

Additional Information

Cooling
Central
Heating
Electric, Forced Air
Water Heater
Electric
Floors
Wood
Foundation
Pilings
Roof
Shingle
Exterior Finish
Wood Siding
Exterior Features
Ocean Front
Lot Water Features
Ocean Front
Sewer
City Water, Comm Sewer

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Nest Realty.

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