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SINGLE_FAMILY - Ocean Isle Beach, NC
Rare Commercial Investment Opportunity on Beach Drive, located between Ocean Isle Beach and Sunset Beach NC. 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...
Rare Commercial Investment Opportunity on Beach Drive, located between Ocean Isle Beach and Sunset Beach NC. 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.
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