Back to Search
Oceanfront Retail Space with Elevator

312 Carolina Beach Avenue N Carolina Beach, NC 28428

312 Carolina Beach Avenue N, Carolina Beach, NC, 28428
$1,350,000
For Sale
$1,350,000

SINGLE_FAMILY - Carolina Beach, NC

Property Size2,670 SF
Lot Size0.28 Acres
Price / SF$505.62
Days on Market15

Property Features for 312 Carolina Beach Avenue N

General Information

Property type
Residential
Property subtype
Office
Zoning
CBD
Parking features
Parking Lot
Standard status
Active
APN
R08819-006-003-000
Size
2,670 SF
Lot size
0.28 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
Lots 5-6 Blk 3 Carolina Beach (To be subdivided)
Tax Annual Amount
18786

Utilities

Utilities
Cable Available
Heating system
Heat Pump (Heating), Electric (Heating)
Cooling system
Central Air
Water source
Public

Building Details

Year built
2019
Flooring type
Hardwood
Building materials
Wood Frame
Listing agency Nest Realty
Listed by Michael Urti · License #294058
Added: Jul 7 Updated: Jul 10 at 5:35AM Checked: Jul 21 at 12:06PM
MLS# 100586931

Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This oceanfront commercial space in the Central Business District features an oceanfront porch, a commercial elevator, and a commercial fire sprinkler system. The offering is presented as a versatile location suitable for retail, restaurant, or office uses.

The property is located on Carolina Beach Avenue N in Carolina Beach, near the Carolina Beach Boardwalk, as well as restaurants, shops, and entertainment. Public parking is available within approximately 500 feet, supporting convenient customer and client access.

A single-unit configuration is offered as Unit 1, with the building size described in the listing as approximately 3,000 square feet.

Key Highlights

  • Approximately 3,000‑SF oceanfront commercial space in the Central Business District at 312 Carolina Beach Ave N, Unit 1
  • Oceanfront porch plus commercial elevator for guest or customer access
  • Commercial fire sprinkler system

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $61.8k $23.16
− Vacancy −$2.1k −$0.79
EGI $59.7k $22.37
− OpEx −$14.9k −$5.59
NOI $44.8k $16.78
2,670 SF · lease $23.16/SF/yr · vacancy 3.40% · expense 25.00%

Alternative Uses

Best Use
Office B
$640.0K
$560.0K – $746.7K (±1% cap)
NOI $44,801 @ 7.0% cap · market cap 3.32%
Second Best
Retail
$544.9K
$476.8K – $635.7K (±1% cap)
NOI $38,141 @ 7.0% cap · market cap 2.83%
Theoretical Best
Office A
$866.6K
$758.3K – $1.01M (±1% cap)
NOI $60,661 @ 7.0% cap · market cap 4.49%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office Units

Suggested Use

Building Supply Dental Office Law Firm Auto Parts Store Big Box & Wholesale Store Auto Repair Shop Storage Facility Electrical Service Garden Center Hair Salon

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office units - Oceanfront commercial space in the CBD with an oceanfront porch, commercial elevator, and fire sprinkler system.
Where is this office units located?
The property is located at 312 Carolina Beach Avenue N Carolina Beach, NC.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Approximately 3,000‑SF oceanfront commercial space in the Central Business District at 312 Carolina Beach Ave N, Unit 1; Oceanfront porch plus commercial elevator for guest or customer access; Commercial fire sprinkler system
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message