UPDATED:
Key Details
Property Type Commercial
Sub Type Improved
Listing Status Active
Purchase Type For Sale
Square Footage 2,157 sqft
Price per Sqft $365
Subdivision Not In Subdivision
MLS Listing ID 100544029
HOA Y/N No
Year Built 2003
Lot Size 0.320 Acres
Acres 0.32
Lot Dimensions 102x
Property Sub-Type Improved
Source Hive MLS
Property Description
This commercial property presents a strong investment opportunity in a coastal region experiencing steady growth and development. Centrally located on Beach Drive between Ocean Isle Beach and Sunset Beach, the property offers flexibility and potential for rental income or portfolio expansion.
The highest and best use would likely be to restore the front portion to a three unit configuration which would require minimal construction such as adding two interior walls. Each of the front three units has its own entrance and exit along with handicap accessible bathrooms. Units 1 and 3 are similar in size while Unit 2 is the largest of the three.
The fourth unit is currently used as a shop. It features a bay garage door, a separate entrance and exit, and a bathroom. This unit is slightly wider but does not have direct road frontage. The rear parking area is used by the owners for boats and a trailer.
At this time all ''four units'' are owner occupied. No leases will convey with the sale which gives the buyer a clean slate to rent or renovate as desired. With simple cosmetic updates such as flooring and paint, the property has strong potential as a boutique style rental investment.
Floor plans and property documents are available for review. Contact the listing agent to schedule a private showing or request additional information.
Location
State NC
County Brunswick
Community Not In Subdivision
Zoning CLD
Direction From US‑17, turn onto Ocean Isle Beach Road SW (also known as Four Mile Road) and continue for about 3.6 miles until you reach a traffic light. Turn right onto NC Highway 179 (Beach Drive) and follow it southwest for about one mile. 7227 Beach Drive SW will be on your left.
Rooms
Basement None
Interior
Heating Electric, Heat Pump
Cooling Central Air
Exterior
Parking Features Parking Lot, Concrete, Paved
Utilities Available Water Available, Electricity Connected, Phone Available
Building
Lot Description Corner Lot
Foundation Slab
Water Public
New Construction No
Others
Tax ID 242ma043
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Special Listing Condition Standard
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