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    OFF-MARKET
    Retail space

    5460 Main St, Shallotte, NC 28470-3400

    1,800 SF 2.95 ac lot Built 1964
    Individually Owned Absentee Owner Free & Clear
    Property ID
    US53-1975990
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 5460 MAIN Street in Shallotte, North Carolina, presents a unique investment opportunity. The expansive 3.03-acre lot offers significant potential for a variety of commercial ventures. The existing building boasts 1,858 square feet of usable space, providing a solid foundation for immediate occupancy or redevelopment. The property's strategic location on Main Street ensures high visibility and accessibility, making it an ideal site for businesses seeking a prominent presence in the thriving Shallotte market. The substantial lot size allows for ample parking, expansion, or the addition of complementary structures. This versatile property is priced competitively at $550,000, representing an attractive return on investment for discerning buyers. Its size and location make it suitable for a wide range of commercial uses, from retail and office spaces to light industrial operations. The existing building's condition and layout offer flexibility for customization to meet specific business needs. Serious inquiries are encouraged to explore the full potential of this exceptional commercial property and its significant development opportunities within the vibrant Shallotte community. The property is ready for its next chapter, offering a blank canvas for a successful business venture. Don't miss this chance to acquire a prime commercial asset in a rapidly growing area.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1964
    Total area 1,800 SF
    Lot 2.95 ac (128,502 SF)
    Zoning code HB
    APN 19700022
    UPID US53-1975990
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Pelican's SnoBalls-Shallotte Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    FRANCES ANN S KNOWLES
    FRANCES ANN S KNOWLES
    Zoning & alternative use
    HB · Shallotte, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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