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Portfolio of 2

2 Properties Offered at $12,757,230 CAD 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.

Property Facts

Price $12,757,230 CAD
Price / SF $393.81 CAD / 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
701 N Lake Park Blvd, Carolina Beach, NC 28428 Retail 6,219 SF 1945 -
Pirates Cove Hotel
701 N Lake Park Blvd, Carolina Beach, NC 28428
Hospitality 26,175 SF 1937 -
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  • Listing ID: 33367296

  • Date on Market: 2024-10-01

  • Last Updated:

  • Address: Portfolio of 2, Carolina Beach, NC

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