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Strip Mall Investment Opportunity

311 Atlantic Beach Cswy Atlantic Beach, NC 28512

311 Atlantic Beach Cswy, Atlantic Beach, NC, 28512
$2,999,000
For Sale
$2,999,000

Well-maintained multi-unit strip center with strong occupancy and COR-3 zoning for flexible retail leasing.

Property Size5,857 SF
Price / SF$512.04
Days on Market48

Property Features for 311 Atlantic Beach Cswy

General Information

Standard status
Active
Size
5,857 SF
Property subtype
Retail

Building Details

Year Built
1989
Listing Agency SVN | Efird Commercial Real Estate
Listed by Andrew Norris · License ##318210
Source Svnefird
Added: Jun 2 Checked: Jul 19 at 3:20 am

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 SVN | Efird Commercial Real Estate


Investment Insights

Based on property information with market context.

This well-maintained strip mall investment offers a 5,857 SF building built in 1989 with five individual units. The property is currently about 80% occupied, providing immediate income potential while leaving room for future leasing momentum. Zoned COR-3, the center offers flexibility for retail operators and investors evaluating a multi-tenant platform. On-site amenities include a dedicated drainage field, and there is a billboard included with the property.

Located at 311 Atlantic Beach Cswy in Atlantic Beach, NC, the site benefits from an established presence in the local commercial market. The mix of units and the COR-3 zoning support a range of retail business concepts, and the billboard can provide additional visibility for tenant and center marketing.

From an ownership standpoint, the property’s multi-unit configuration and current occupancy make it well suited for investors seeking a retail-oriented asset with operational leverage through leasing. For tenants, the layout and retail-focused setting can be attractive for businesses looking to join a shopping center with an existing tenant base. The included tenant (Ice Machine) further reflects the property’s ability to support ongoing retail demand under the COR-3 designation.

Key Highlights

  • 5,857 SF multi‑unit strip center built in 1989 with 5 units
  • Zoned COR‑3, offering flexibility for a range of retail businesses
  • Currently 80% occupancy with existing tenants including an ice machine tenant

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Shopping centers

Suggested Use

Auto Repair Shop HVAC Service Dental Office Electrical Service Building Supply Garden Center Plumbing Service Law Firm Big Box & Wholesale Store Locksmith

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

FAQs

What type of property is this?
Shopping center - Well-maintained multi-unit strip center with strong occupancy and COR-3 zoning for flexible retail leasing.
Where is this shopping center located?
The property is located at 311 Atlantic Beach Cswy Atlantic Beach, NC.
What is the asking price?
The asking price for this property is $2,999,000.
What are key features of this property?
This property features: 5,857 SF multi‑unit strip center built in 1989 with 5 units; Zoned COR‑3, offering flexibility for a range of retail businesses; Currently 80% occupancy with existing tenants including an ice machine tenant
Contact an agent
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