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Multifamily and Office Investment
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624 Village Road SW, Shallotte, NC 28470

Sale includes two multi-unit office buildings and an eight-unit apartment building, fully occupied with a strong rental history.

Property SizeContact for details
Days on Market127

Property Features for 624 Village Road SW

General Information

Standard status Active
Property subtype Office, Mixed Use
Occupancy 100%

Site & Location

Highway Access Yes
Road Access Yes

Units

Multifamily Units 8
Office Units 7

Building Details

Tenancy Multi
Listing Agency: Intracoastal Realty Corp
Listed By: Jeff Hovis · License #234605
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 20 at 5:09PM

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 Intracoastal Realty Corp

Investment Insights

Based on property information with market context.

This for-sale package includes two office buildings—one with four units and one with three units—along with an eight-unit apartment building. The office and residential units are described as fully occupied, and the public remarks note that individual units have been upgraded on turnover. The apartment building includes 2-bedroom units with walk-in closets, private baths in the primary bedroom, and a second bedroom with a spacious closet and hallway bath. Each unit also features stacked laundry and access to a rear deck or patio, with lots of natural light.

The property is located on Village Road (Highway 179) between Main Street in Shallotte and Ocean Isle Beach. The business park is presented as having high visibility and signage, ample parking, and easy access. Nearby tenants noted in the remarks include two law firms, an investment firm, and a hair salon.

For practical access, the remarks also cite easy routes to Main Street Shallotte and Highway 130 toward Highway 17 and the beaches of Holden, Ocean Isle, and Sunset.

Key Highlights

  • Sale includes two multi‑unit office buildings and an eight‑unit apartment building
  • All buildings are fully occupied with an established rental history
  • Office building unit mix: one building with 4 units and another with 3 units

Property Analytics

Current Use

Beach Cuts Hair ... Hair Salon Dr. Kira M. ... Pediatrician Cima Design, Inc. Architectural Designer Black Pearl Home ... Home Health Care Service T E Inman ... Hardware & Home Improvement

Suggested Use

Top Pick Real Estate Agency Restaurant Auto Parts Store Storage Facility Kitchen & Bath Showroom Garden Center

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

Lease Details

7
Office units
8
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

19
Businesses Nearby

Demographics for 28470, NC

11,141
Population
6,123
Households
1.8
Avg Household Size
48
Median Age
22%
College-Educated
90%
High-School Grad
44.7 sq mi
ZIP Area
249
Density / Sq Mi
$68,043
Median Household Income
$37,563
Median Earnings
$1,060
Median Rent
$252,500
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Sale includes two multi-unit office buildings and an eight-unit apartment building, fully occupied with a strong rental history.
Where is this office units located?
The property is located at 624 Village Road SW Shallotte, NC.
What are key features of this property?
This property features: Sale includes two multi‑unit office buildings and an eight‑unit apartment building; All buildings are fully occupied with an established rental history; Office building unit mix: one building with 4 units and another with 3 units
(910) 512-2205 Call to check price and availability
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