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Boardwalk Property in Carolina Beach
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12 N Pavilion Ave., Carolina Beach, NC 28428

Vacant boardwalk property with redevelopment potential in Carolina Beach.

Property Size1,342 SF
Lot Size0.04 Acres
Price / SF$558.87
Days on Market650

Property Features for 12 N Pavilion Ave.

General Information

Standard status Active
Size 1,342 SF
Lot size 0.04 Acres
Property subtype RETAIL
Listing Agency: Eastern Carolinas Commercial Real Estate
Listed By: Nicholas Silivanch
Source: Moodyscre
Added: Oct 22, 2024 Changed: Jul 6 Last Checked: Jul 21 at 8:37AM

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 Eastern Carolinas Commercial Real Estate

Investment Insights

Based on property information with market context.

This Carolina Beach boardwalk property, currently vacant, offers redevelopment potential. The property occupies 0.04 acres, equivalent to 1,742 square feet, with the existing building encompassing approximately 1,342 square feet. The property line extends slightly beyond the current structure, allowing for additional square footage in any redevelopment plans. Renderings of potential two- and three-story designs are available. The current usable square footage is 1,342. Refer to the Town of Carolina Beach zoning ordinance for permitted uses within the Central Business District. This property is suitable for short-term business operations or renovation into a mixed-use, three-story building with ocean views. The property was previously tenanted, and that tenant vacated at the end of the lease term. There are no owners' dues or association fees for the property on the boardwalk.

Key Highlights

  • Prime Carolina Beach boardwalk location.
  • Redevelopment potential with ability to add square footage.
  • Potential for mixed‑use, three‑story building with OCEAN VIEWS.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Auto Parts Store Electrical Service Building Supply Storage Facility Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

607
Businesses Nearby
53k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 45% Shops & Services 28% Hotels & Casinos 27%
McDonald's Dining
11,033 visits/mo 0.1 miles
Hampton Inn & Suites Carolina Beach Oceanfront Hotels & Casinos
8,738 visits/mo 0.1 miles
Exxon Shops & Services
7,956 visits/mo 0.5 miles
El Cazador Dining
7,849 visits/mo 0.1 miles
Courtyard Carolina Beach Oceanfront Hotels & Casinos
5,394 visits/mo 0.1 miles

Demographics for 28428, NC

6,848
Population
6,268
Households
1.1
Avg Household Size
51
Median Age
48%
College-Educated
98%
High-School Grad
5.2 sq mi
ZIP Area
1,317
Density / Sq Mi
$87,670
Median Household Income
$41,138
Median Earnings
$1,515
Median Rent
$490,100
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Vacant boardwalk property with redevelopment potential in Carolina Beach.
Where is this retail space located?
The property is located at 12 N Pavilion Ave. Carolina Beach, NC.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Prime Carolina Beach boardwalk location.; Redevelopment potential with ability to add square footage.; Potential for mixed‑use, three‑story building with OCEAN VIEWS.
(910) 399-4602 Call to check price and availability
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