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About This Home

This 0-bedroom, 0-bathroom commercial at 517 Lewis Drive in Carolina Beach, NC is listed for $3,250,000 ($126 per sqft). Built in 1984, the home offers 25,720 sqft of living space on a 1.45 acres lot.

Agent Description

Rare opportunity to acquire Pleasure Island Mini Storage, a well-established and family-owned self-storage facility located just over the bridge on highly desirable Pleasure Island in Carolina Beach, North Carolina. Operating successfully for over 20 years, this turnkey investment offers strong in-place income with significant potential for rental rate increases and additional revenue streams.

The facility consists of 8 storage buildings with approximately 237 units in various sizes, totaling approximately 25,720 square feet of rentable storage space. The property is fenced and secured with video surveillance cameras, providing safety and convenience for tenants.

Strategically positioned within a growing commercial corridor, the property benefits from strong residential growth, nearby businesses, and steady beach traffic. With excellent visibility and easy access on and off the island, the location supports consistent demand for storage services from both residents and businesses.

A unique feature of this property is the on-site management office with a comfortable reception area, along with a spacious upstairs one-bedroom apartment complete with appliances. This offers flexibility for an owner/operator to live on-site while managing the facility, or the apartment can be rented to generate additional income.

Property Highlights: - 8 storage buildings with approximately 237 units - Approximately 25,720 total square feet - Units in multiple sizes to accommodate a variety of storage needs - Fully fenced storage area with video security cameras - Not located in a flood zone - Located near residential neighborhoods and local businesses - Strong potential fo

r rental rate increases and expanded revenue opportunities With continued population growth in Carolina Beach and the surrounding Pleasure Island communities, combined with limited available storage inventory in the area, Pleasure Island Mini Storage presents a rare opportunity to acquire a stable, income-producing asset in a thriving coastal market.

Key Features

  • Built in 1984
  • 1.45 acre lot
  • Fireplace

Property Details

1984

Amenities

FireplaceA/C

Monthly Cost Estimate

$17,382/mo

20% down · 6.5% · 30 years

Principal$2,350
Interest$14,083
Insurance$948

Estimates only. Actual payments may vary.

Location

517 Lewis Drive

Carolina Beach, NC 28428

Not In Subdivision

Property Details

Flooring

LaminateVinyl

Construction

Block Concrete

Parking

Off Street

Heating

Fireplace(s)Electric (Heating)

Cooling

Wall/Window Unit(s)Window Unit(s)

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 517 Lewis Drive is listed at $3,250,000 ($126/sqft). The estimated monthly payment is $14,083 based on 20% down at 6.5% interest.

Key features include: Built in 1984, 1.45 acre lot, Fireplace.

This property is listed by Trina Thomas Team and can be reached at 9107772200 or trinaross1@aol.com.

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TT

Trina Thomas Team

Agent at Keller Williams Innovate-Wilmington

(910) 777-2200

Listed by Keller Williams Innovate-Wilmington

MLS# 100558081· Source: listhub· Updated 37 days ago

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517 Lewis Drive, Carolina Beach, NC 28428

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