2.7+/- Ac Smith Avenue Shallotte

204 Smith Ave, Shallotte, NC

$1,350,000

Price

5,100 sqft

Building Size

2.71 acres

Lot Area

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Street
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Overview
Building Size
5,100 sqft
Lot Area
2.71 acres
Units
1
Year Built
2002
Floors
1
Parking Spots
110
Description

2.7+/- Acres on the Heavily Traveled Corridor of Smith Avenue in Shallotte, NC. 5,100+/- sf Medical Office Building on site could be used or razed. Stormwater pond on site can accommodate additional square footage. Located across from the newly-expanded Coastal Walk Marketplace and near the Smith Avenue/Main Street intersection in Shallotte, this premium location offers excellent visibility in the commercial hub of southeastern NC.

Previously occupied by Novant, this building offers a large reception area, nine private offices, ten exam rooms, a lab and large kitchen facility. The raised ceiling in the lobby area brings in lots of natural light to the common areas of the building. With ample plumbing and drainage, this building would be an ideal medical or dental facility, salon or spa.

The two parcels offered for sale (1820017402 & 1820017403 under same ownership) equal 2.71+/- acres and at one time was planned for a small campus of six buildings equaling 12,700+/- sf. The stormwater pond on site is engineered to accommodate 20,000+ sf. All HVAC units, air handlers, duct work and separate Mitsubishi units for the offices were installed and completed in 2018 and are on maintenance contracts.

Property is Broker Owned. The deeds with easements are recorded at Brunswick county Book 2152, page 563 May 24th 2005 Original.

B2828 / P0159 is deed for Right of way, DOT June 24th 2008.

Across from the newly constructed and already expanding Coastal Walk Marketplace, home to Hobby Lobby, Ulta, Ross, Burkes, Marshalls, Starbucks and more. The Town of Shallotte recently approved the construction of a 3-building, 80-unit apartment complex behind the center. Join nearby retailers including Walmart, Home Depot, Lowes, Belk, Big Lots, Harbor Freight and more in one of the fastest growing vacation and retirement regions in the US.

Residential development in Brunswick County is experiencing explosive growth, with the county planning department seeing a 572% increase in residential unit approvals among major subdivisions and planned developments between fiscal years 2020 and 2021, not including recently approved 2,132 acres for higher density zoning south of Highway 17 in Calabash. The Brunswick Pines project, one of biggest planned developments in Shallotte history, proposes building 570 housing units on 311 acres just north of Bricklanding Road and Hale Swamp Road in Shallotte. It's the second largest of nearly two dozen residential and commercial developments that are expected to double the town's population in the next few years.

TR-1 1.64AC PLAT 25/135

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