Portfolio of 2
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Portfolio of 2
2 Properties Offered at £7,042,050 in Carolina Beach, NC
Investment Highlights
- Located in the heart of Carolina Beach.
- High visibility on Hwy 421
Executive Summary
This is a rare opportunity to own a large hospitality/restaurant income property at the beach. The 62-unit Pirates Cove hotel and the iconic Lazy Pirate restaurant are now available for purchase.
Situated on the same tax parcel in the heart of Carolina Beach, these two businesses have long benefitted from their proximity to one another. The Lazy Pirate is a very large tiki bar restaurant, with food, and family entertainment for the entire family. Pirates Cove has enjoyed its high visibility location on Lake Park Blvd. (HWY 421), only a few minutes by foot from the beach and boardwalk.
Qualified buyers are welcome and must be vetted, show proof of funds, and sign an NDA before touring the property.
Situated on the same tax parcel in the heart of Carolina Beach, these two businesses have long benefitted from their proximity to one another. The Lazy Pirate is a very large tiki bar restaurant, with food, and family entertainment for the entire family. Pirates Cove has enjoyed its high visibility location on Lake Park Blvd. (HWY 421), only a few minutes by foot from the beach and boardwalk.
Qualified buyers are welcome and must be vetted, show proof of funds, and sign an NDA before touring the property.
Property Facts
| Price | £7,042,050 | Number of Properties | 2 |
| Price / SF | £217.39 / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 32,394 SF |
| Status | Active | Total Land Area | 2.64 AC |
| Price | £7,042,050 |
| Price / SF | £217.39 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 32,394 SF |
| Total Land Area | 2.64 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Pirates Cove Hotel
701 N Lake Park Blvd, Carolina Beach, NC 28428 |
Hospitality | 26,175 SF | 1937 | - |
| 701 N Lake Park Blvd, Carolina Beach, NC 28428 | Retail | 6,219 SF | 1945 | - |
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Portfolio of 2
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