Retail Storefront with On-Site
3521 Carolina Beach Road Wilmington, NC 28412
For Sale
$340,000
COMMERCIAL - Wilmington, NC
Property Size1,952 SF
Lot Size0.17 Acres
Price / SF$174.18
Days on Market48
Property Features for 3521 Carolina Beach Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- CB
- Parking features
- Paved or Surfaced
- Standard status
- Active
- APN
- R06510-003-001-000
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- Lot PT Styne & Wilson
- Tax Annual Amount
- 1067
Utilities
- Water source
- Public
Building Details
- Year built
- 1945
- Flooring type
- Vinyl
- Building materials
- Wood Frame
- Roof type
- Metal
Listing Agency:
Coldwell Banker Sea Coast Advantage
(910) 799-3435
Listed By:
Terri L Lawrence · License #131770
(910) 264-0998
Added: Jun 7
Changed: Jul 16
Last Checked: Jul 24 at 9:06AM
MLS# 100579842
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 retail storefront property offers approximately 1,952 square feet and includes on-site parking with storefront visibility. It is listed for sale as a commercial real estate opportunity with a residential/commercial mix in the immediate area.
The property is located at 3521 Carolina Beach Road in Wilmington, NC 28412, on one of the city’s major roadway corridors. The listing notes convenient access and exposure to surrounding businesses and residential communities, with access to Downtown Wilmington, major highways, and area amenities.
Zoned CB, the building is positioned to serve a range of retail or service business needs that benefit from direct roadside visibility and customer parking.
The property is located at 3521 Carolina Beach Road in Wilmington, NC 28412, on one of the city’s major roadway corridors. The listing notes convenient access and exposure to surrounding businesses and residential communities, with access to Downtown Wilmington, major highways, and area amenities.
Zoned CB, the building is positioned to serve a range of retail or service business needs that benefit from direct roadside visibility and customer parking.
Key Highlights
- Wood frame building with metal roof built in 1945
- Approximately 1,952 sq. ft. building area
- Public water service
Financial Insights For Retail
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 | $30.7k | $15.72 |
| − Vacancy | −$3.2k | −$1.62 |
| EGI | $27.5k | $14.10 |
| − OpEx | −$8.3k | −$4.23 |
| NOI | $19.3k | $9.87 |
1,952 SF · lease $15.72/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$275.2K
$240.8K – $321.1K
NOI $19,267 @ 7.0% cap · market cap 5.67%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$23.90M
$20.91M – $27.88M
NOI $1,673,077 @ 7.0% cap · market cap 492.08%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Storefront properties
FAQs
What type of property is this?
Storefront property - Retail storefront property with on-site parking and prominent Carolina Beach Road frontage in Wilmington’s CB zoning.
Where is this storefront property located?
The property is located at 3521 Carolina Beach Road Wilmington, NC.
What is the asking price?
The asking price for this property is $340,000.
What are key features of this property?
This property features: Wood frame building with metal roof built in 1945; Approximately 1,952 sq. ft. building area; Public water service
