• 910-346-8218 | Jacksonville NC and the greater Eastern North Carolina area

    910-346-8218 | Jacksonville NC and the greater Eastern North Carolina area
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Restaurant Space in Eastern NC

1 properties found.

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Price: $850,000
MLS Number: 100406982
Year Built: 1950
Square Footage: 1342
Acres: 0.04
Listing Date: Sep 27, 2023
Sale or Lease: Sale
Pages: 1
1
12 Pavilion Avenue, Carolina Beach
$850,000
MLS Number:
100406982
Built:
1950
Sq Ft:
1342
Listing Date:
Sep 27, 2023
Presenting 12 Pavilion Avenue, positioned on the oceanfront side of the iconic Carolina Beach Boardwalk in the Central Business District of Carolina Beach. The Subject consists of a 1,342sf clear-span block construction retail building positioned on a +/- 1,548sf corner lot. The location enjoys abundant foot traffic throughout the peak tourist season and extended shoulder seasons.CBD zoning allows for a wide variety of uses, favorable zero lot line building setbacks and 50' maximum building heights, which positions the Subject for vertical additions or complete redevelopment. The Sellers have conducted two concept plans for vertical additions--one adding an additional floor to include a rooftop deck and bar, the other adding two additional floors including the rooftop deck and bar. The Sellers have performed structural work in accordance with engineered plans to ensure the building can support such vertical additions.The Subject is positioned between Carolina Beach's newest hotels--the 100 room, 26 suite Hampton Inn & Suites and the 144 room, 18 suite Courtyard by Marriot Oceanfront. Including these hotels, the Subject is surrounded by over 500 hotel rooms and vacation rental homes within less than a mile radius. In addition, the Town enjoys a large number of year-round residents.The Carolina Beach Boardwalk has been a famous destination for tourists and residents alike since its first iteration in 1887. The past decade has been extremely transformative for the Boardwalk, sparked by a complete renovation and extension beginning in 2013 then followed by the construction of the Courtyard by Marriot and the Hampton Inn & Suites at either end. In addition to the diverse business mix, locals and tourists enjoy festivals, outdoor music, weekend fireworks and carnival attractions throughout a majority of the year. The area continues to experience robust investment, further elevating the area's income and net worth demographics and spurring continued development.
Address: 12 Pavilion Avenue
City: Carolina Beach
State: NC
Zip: 28428
Area: The Boardwalk at Carolina Beach
Lot Size: 0.04 acres
Property Type: Commercial
Sub Type: Bed and Breakfast,Business Flex,Comm Condominium,Commercial,Food Service,Hotel/Motel,Medical,Mixed Use,Office,Other,Professional Service,Retail
Sale or Lease: Sale
Listing Office: Nest Realty

Restaurant Space in Eastern NC

Our real estate firm is located in Jacksonville, North Carolina and is recognized for its excellent service and high level of professionalism in the local commercial real estate industry. With over 20 years of experience, our company has been the preferred choice for individuals seeking restaurant space in Eastern NC and coastal areas of North Carolina.

Due to our expertise of the local real estate market, our company enjoys an excellent reputation and achievement in the region.

Restaurant Space In Eastern NC

Ray Properties’ Expertise

When it comes to finding restaurant space in coastal North Carolina, there are few real estate firms that can match the knowledge and expertise of Ray Properties. We have spent over two decades perfecting our skills in commercial property, and effort has paid off. The company is now recognized as a reliable and successful real estate firm in the region. One of the aspects that distinguishes Ray Properties from all other real estate firms in the area is our focus on identifying properties with immense potential. We are experts at locating properties that meet specific criteria such as high growth potential, attractive locations, robust local economies, and properties with attractive financing options. The company’s extensive knowledge of the coastal region and real estate market is a significant factor in our success.

Ray Properties understands that coastal North Carolina is in constant transition as a result of many people moving to the area every year. As the population swells, so does the real estate industry. Consequently, Ray Properties has kept up with this demand as we have been able to meet the needs of businesses looking to move into the area to provied the goods and services that the swelling population demands. The company’s entrepreneurial nature and tailor-made solutions have enabled Ray Properties to create meaningful value while meeting the needs of our clients.

With the increasing exposure to environmental conservation, many investors are looking to lease or buy commercial properties that have sustainable and eco-friendly features. The company is at the forefront of these eco-friendly projects, as we help clients find green and sustainable properties to fit their needs. This is a crucial factor that has made Ray Properties an industry leader.

 

Successful Commercial Projects

Ray Properties participated in numerous profitable real estate projects in coastal North Carolina. For example, Ray Properties facilitated in the development of a booming shopping center located in Wilmington, which is home to numerous enterprises, such as Harris Teeter, Beauty Express, T.J.Maxx, and Kohl’s, to name just a few. Thanks to Ray Properties’ keen eye for potential, the shopping center was taken to be an exceptional and is now an perfect location for commerce businesses.

Another successful project that Ray Properties helped establish was the Logistics Park in Brunswick County. This business destination is perfect for manufacturing companies, warehouses, and other logistics-oriented enterprises owing to its 273 acres. Ray Properties ensured the fact that the facilities is excellent including ease of rail and shipping access.

Restaurant Space In Eastern NC

You Can Rely On Ray Properties

Ray Properties’ expertise in handling restaurant space in Eastern NC has helped numerous businesses to relocate and benefit from the region’s growing business environment. The firm’s dedication to establishing strong relationships with companies and interested parties has contributed in nurturing trust and guaranteeing reliability within the real estate sector of the area.

With an thorough comprehension of the coastal North Carolina real estate scenario, Ray Properties is still aiding businesses in finding the perfect property for their business investment.

  • Contact Ray Properties

    3684-B Henderson Drive
    Jacksonville, NC 28546

    910-346-8218

    biz@rayproperties.com

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