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517 Lewis Drive, Carolina Beach, NC 28428

$3,250,000
Property Type: Comm Sale or Lease Square Footage: 25,720 Lot Size (sq. ft.): 63,162 Status: Active
Current Price: $3,250,000 List Date: 3/05/2026 Last Modified: 3/06/2026

Overview

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 for 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.

Listing Details MLS# 100558081

Contract Info

Delayed Marketing?
No
Marketing Start Date
2026-03-04
Sub-Type
Business
Garage
N/A
Sale/Lease
Sale
Listing Price
3250000
List Price/SqFt
126.36
Stipulation of Sale
Standard

Location Information

Street #
517
Street Name
Lewis
Street Suffix
Drive
County
New Hanover
State/Province
NC
Zip Code
28428
City Limits
Yes
Marketing City
Carolina Beach
Subdivision
Not In Subdivision
Secondary Subdivision
N/A

Remarks and Showing

Directions to Property
South on Carolina Beach Road (Hwy 421 S) across Snows Cut Bridge to Carolina Beach. Left at 1st light and follow access road to 1st right on to Lewis Drive . Property is on the corner of Lewis Road and the Access Road.
Sign on Property
No

Building Info

New Construction
No

BuildingExt Features

SqFt - Heated (Primary)
25720

Legal and Taxes

Tax Assessed Value
2431000
Deed Book
4257
Deed Page
864
Legal
Tr A Walker T Lewis Div
Broker Owner
No
PID
R08810-004-026-000
Tax Identifier
R08810-004-026-000
Total Real Estate Property Taxes
10883.59
Special Assessments
None
Tax Year
2025
Year Built
1984
Zoning
HB
HOA
No
Cobra Zone
No
Plat Book
No
Plat Page
No

More Information

Current Service Providers

Electric Provider
Duke Progress Energy

Building/Ext Features

ud_i_08
1
# of Units
0
Fireplace Y/N
Yes
Lot Acres
1.45
Lot SqFt
63162
Lot Dimensions
165 x 385 x 185 x 384
SqFt - Total Available
2880
Location Type
Island

Showing Instructions

24 Hour Notice
Yes

Business Type

Storage
Yes
Warehouse
Yes
Commercial
Yes

Current Use

Commercial
Yes

HOA and Neigh Amenities

No Amenities
Yes

Basement

None
Yes

Construction

Block
Yes
Concrete
Yes
Steel Frame
Yes
Wood Frame
Yes

Lot Water Features

None
Yes

Terms

Cash
Yes
Conventional
Yes

Foundation

Slab
Yes

Flooring

Laminate
Yes
Vinyl
Yes

Parking Features

Off Street
Yes

Sale/Lease Includes

Buildings
Yes
Furniture
Yes

Road Type/Frontage

Public (City/Cty/St)
Yes

Cooling

Wall/Window Unit(s)
Yes

Location

Corner
Yes

Heating

Fireplace(s)
Yes
Other
Yes

Heating System Fuel Source

Electric
Yes

Utilities

Electricity Connected
Yes

Water Source

Well
Yes

Sewer

Septic Tank
Yes

Fireplace Features

Gas Log
Yes

Property Features

Business Type: Storage; Warehouse; Commercial Showing Instructions: 24 Hour Notice HOA and Neigh Amenities: No Amenities Basement: None Construction: Block; Concrete; Steel Frame; Wood Frame Flooring: Laminate; Vinyl Foundation: Slab Parking Features: Off Street Current Use: Commercial Location: Corner Lot Water Features: None Cooling: Wall/Window Unit(s) Fireplace Features: Gas Log Heating: Fireplace(s); Other Heating System Fuel Source: Electric Utilities: Electricity Connected Sewer: Septic Tank Water Source: Well Terms: Cash; Conventional
Listing Office: Keller Williams Innovate-Wilmington
IDX
Last Updated: March - 06 - 2026
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