Location
Description
PRIME VACANT COMMERCIAL INVESTMENT OPPORTUNITY WITH VALUE WITH ADD RESIDENTIAL DEVELOPMENT POTENTIAL An exceptional vacant commercial real estate opportunity located along the high-traffic corridor to Holden Beach, NC. Featuring 4,832 square feet of fully heated space configured in a highly functional restaurant/cafeteria layout, this property is perfectly positioned to capture both local traffic and a massive seasonal tourism pipeline. To maximize asset value and accommodate diverse investor goals, this property is brought to market under a Dual-Strategy Framework, making it highly attractive for immediate investor acquisition, owner-users, or premier multi-tenant leasing. The strategic layout allows the entire 4,832 SF footprint to be utilized by a single operator or optimized into separate spaces to maximize per-square-foot yield: Unit 1: ~1,268 SF Professional Office / Retail / Service Space Units 2 & 3: ~2,735 SF Turnkey Restaurant Hub Unit 4: ~829 SF Retail / Professional Office Space UNLOCKING MAXIMUM DENSITY: VALUE-ADD RESIDENTIAL ANGLE In addition to the existing commercial footprint, this property includes undeveloped surplus land at the rear of the parcel, offering a high-yield expansion angle. Initial zoning and site spatial dynamics indicate sufficient capacity to develop a 4-unit residential rental property (subject to county approval). • Diversified Cash Flow: Allows an investor to mitigate risk by pairing high-yield commercial retail/restaurant income with stable, long-term residential multifamily revenue on the same parcel. • Coastal Housing Deficit Play: Capitalizes on the severe shortage of workforce housing and flexible medium-to-long-term residential leases within the coastal Holden Beach market area. • Proximity Premium: The separate rear positioning ensures a natural division between storefront operations and the residential enclave, preserving privacy for residents and maximum utility for tenants. LOCATION & DEMOGRAPHICS • The 100% Capture Corridor: Situated on Holden Beach Road SW (NC 130), the sole vehicular artery connecting the mainland to the beach, ensuring 100% entry and exit traffic exposure. • Traffic Counts: Exceeds 11,000+ Average Annual Daily Traffic (AADT) under baseline NCDOT (https://www.ncdot.gov/) reporting, spiking significantly during peak tourism months. • Massive Population Surge: Serving as the geographic funnel for Brunswick County—the #6 largest tourism economy in North Carolina and the fastest-growing county in the state (12% growth rate between 2020-2022). Weekly summer vacationers bring an influx of 8,000 to 10,000 visitors to the area. • Mainland Concentration: Because Holden Beach Island is overwhelmingly residential, commercial infrastructure is strategically concentrated on the mainland side of the Intracoastal Waterway where this asset sits. • Affluent Trade Area: The regional average annual household income sits at a strong $100,289. VERSATILE C-LD ZONING PERMITTED USES Governed by the Brunswick County Unified Development Ordinance (UDO), the Commercial Low Density zoning is highly flexible and permits or allows as a limited use a wide range of operations beyond food service: • Retail & Office Sales • Multifamily Development • Mini-Storage & Warehousing • Day Care & Educational Facilities • Convenience Store with Pumps • Automotive Dealership
Additional Features
- County: Brunswick
- Property Type: Sale
- Tax Number: 232ha017
- Year Built: 1971