$789,000

7227 Beach Drive SW, Ocean Isle Beach, NC 28469

  • 3,510 sqft
  • Property Icon Land
  • Property Year Built Icon Built in 2003
  • Property Lot Size Icon0.32acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $225/sqft
  • Property List Date Icon Listed 18 days ago

Property Description

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.

Listing Status:
Active
Listing Office:
Keller Williams Innovate-OIB Mainland : 910-575-6262
MLS ID:
100544029
  • Basement: None
  • A/C: Central Air
  • Heating: ElectricHeat PumpElectric
  • Parking: Parking LotConcretePaved
  • General: BrickBrick VeneerVinyl SidingSlab
  • Originating MLS: Hive MLS
  • County: Brunswick
  • Zoning: CLDL-21 & 22 Seaside Heights Plat 11/83242ma043
  • Current Use: Commercial
  • Utilities: Water AvailableElectricity ConnectedPhone Available
  • Water: Public
  • Sewer: Septic Tank
  • Source: Hive MLS

This listing courtesy of Keller Williams Innovate-OIB Mainland

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  â€ 
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

U

Union Elementary School

180 Union School Rd NW, Shallotte, NC, 28470

Grades KG-5

4.50 miles away

S

Shallotte Middle School

225 Village Rd, Shallotte, NC, 28470

Grades 6-8

7.27 miles away

W

West Brunswick High School

550 Whiteville Rd NW, Shallotte, NC, 28470

Grades 9-12

7.18 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.