Retail Flex Building on Main
5460 Main St Shallotte, NC 28470
For Sale
Contact for pricing
A mostly open 1,800 SF retail/flex building on nearly 3 acres on Main Street in Shallotte, NC.
Property Size1,800 SF
Price / SF$277.22
Days on Market265
Property Features for 5460 Main St
General Information
- Standard status
- Active
- Size
- 1,800 SF
- Property subtype
- RETAIL
Listing Agency:
Sun Coast Partners, LLC
(910) 393-7275
Listed By:
Kelly Stuart
(910) 393-7275
Source:
Moodyscre
Added: Nov 3, 2025
Changed: Jul 25
Last Checked: Jul 25 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 Sun Coast Partners, LLC
Investment Insights
Based on property information with market context.
This 1,800 SF retail/flex building is set on just under 3 acres along Main Street in Shallotte, NC. The 30’ x 60’ structure offers a mostly open interior with a durable concrete floor, providing a blank canvas for a range of commercial uses.
A short putt-putt course is installed along the side yard, creating an additional outdoor feature that can support experiential elements or outdoor seating. The property is located in immediate proximity to Shallotte District Park, which includes baseball and soccer fields, basketball and tennis courts, pickleball, a dog park, playgrounds, and picnic shelters.
The site is zoned HB – Highway Business District. It also benefits from direct traffic exposure along Main Street, with 9,200 VPD reported for this segment.
A short putt-putt course is installed along the side yard, creating an additional outdoor feature that can support experiential elements or outdoor seating. The property is located in immediate proximity to Shallotte District Park, which includes baseball and soccer fields, basketball and tennis courts, pickleball, a dog park, playgrounds, and picnic shelters.
The site is zoned HB – Highway Business District. It also benefits from direct traffic exposure along Main Street, with 9,200 VPD reported for this segment.
Key Highlights
- 1,800 SF mostly open retail/flex building with a durable concrete floor on just under 3 acres along Main Street in Shallotte, NC
- 30’ x 60’ structure provides a mostly open interior that can be customized for a variety of commercial uses
- Side yard includes a short putt‑putt course for outdoor seating, family recreation, or experiential elements
Financial Insights For Specialty 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 | $28.3k | $15.72 |
| − Vacancy | −$2.9k | −$1.62 |
| EGI | $25.4k | $14.10 |
| − OpEx | −$6.3k | −$3.53 |
| NOI | $19.0k | $10.58 |
1,800 SF · lease $15.72/SF/yr · vacancy 10.30% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$271.9K
$238.0K – $317.3K
NOI $19,036 @ 7.0% cap · market cap 3.81%
Second Best
Retail
$253.8K
$222.1K – $296.1K
NOI $17,767 @ 7.0% cap · market cap 3.56%
Theoretical Best
Multifamily LT 5
$22.04M
$19.28M – $25.71M
NOI $1,542,796 @ 7.0% cap · market cap 309.18%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Pelican's SnoBalls-Shallotte
Restaurant
FAQs
What type of property is this?
Retail space - A mostly open 1,800 SF retail/flex building on nearly 3 acres on Main Street in Shallotte, NC.
Where is this retail space located?
The property is located at 5460 Main St Shallotte, NC.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 1,800 SF mostly open retail/flex building with a durable concrete floor on just under 3 acres along Main Street in Shallotte, NC; 30’ x 60’ structure provides a mostly open interior that can be customized for a variety of commercial uses; Side yard includes a short putt‑putt course for outdoor seating, family recreation, or experiential elements
