Oceanfront Retail
1-312 Carolina Beach Ave N Carolina Beach, NC 28428
1-312 Carolina Beach Ave N, Carolina Beach, NC, 28428
$1,350,000
For Sale
$1,350,000
Unit 1 includes an oceanfront porch, commercial elevator, and fire sprinkler system in a central business district setting.
Property Size3,000 SF
Price / SF$450
Days on Market16
Property Features for 1-312 Carolina Beach Ave N
General Information
- Standard status
- Active
- Size
- 3,000 SF
Listing agency
Nest Realty
(910) 460-6890
Listed by
Michael Urti · License #294058
(910) 460-6890
Source
Exprealty
Added: Jul 7 Updated: Jul 22 at 3:42AM Checked: Jul 22 at 3:42AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Nest Realty
Investment Insights
Based on property information with market context.
For sale: Unit 1 at 312 Carolina Beach Ave N, a single commercial space presented as an oceanfront property in the Central Business District. The offering is approximately 3,000 square feet and includes a spacious oceanfront porch, a commercial elevator, and a commercial fire sprinkler system.
The location is described as being just steps from the Carolina Beach Boardwalk, with nearby restaurants, shops, and entertainment. Public parking is also noted as available within approximately 500 feet, supporting convenient access for customers and clients.
This configuration is offered for a range of commercial uses, including retail, restaurant, office, or other compatible ventures, with the primary leasing and customer-facing appeal tied to the oceanfront presentation and the established boardwalk-adjacent setting.
The location is described as being just steps from the Carolina Beach Boardwalk, with nearby restaurants, shops, and entertainment. Public parking is also noted as available within approximately 500 feet, supporting convenient access for customers and clients.
This configuration is offered for a range of commercial uses, including retail, restaurant, office, or other compatible ventures, with the primary leasing and customer-facing appeal tied to the oceanfront presentation and the established boardwalk-adjacent setting.
Key Highlights
- Commercial Unit 1 at 312 Carolina Beach Avenue N in the Central Business District
- Approximately 3,000 SF oceanfront commercial space with a spacious oceanfront porch
- Includes a commercial elevator
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 | $69.5k | $23.16 |
| − Vacancy | −$2.4k | −$0.79 |
| EGI | $67.1k | $22.37 |
| − OpEx | −$16.8k | −$5.59 |
| NOI | $50.3k | $16.78 |
3,000 SF · lease $23.16/SF/yr · vacancy 3.40% · expense 25.00%
Alternative Uses
Best Use
Office B
$719.1K
$629.2K – $839.0K
NOI $50,338 @ 7.0% cap · market cap 3.73%
Second Best
Specialty Retail
$655.9K
$574.0K – $765.3K
NOI $45,916 @ 7.0% cap · market cap 3.40%
Theoretical Best
Office A
$973.7K
$852.0K – $1.14M
NOI $68,159 @ 7.0% cap · market cap 5.05%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Unit 1 includes an oceanfront porch, commercial elevator, and fire sprinkler system in a central business district setting.
Where is this retail space located?
The property is located at 1-312 Carolina Beach Ave 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: Commercial Unit 1 at 312 Carolina Beach Avenue N in the Central Business District; Approximately 3,000 SF oceanfront commercial space with a spacious oceanfront porch; Includes a commercial elevator
