6 HARPER AVENUE, CAROLINA BEACH, NC

REAL ESTATE - 11/29/23 - COMMERCIAL PROPERTY IN CAROLINA BEACH

This is a United States Federal Bankruptcy auction of (2) adjoining commercial properties in the Carolina Beach Boardwalk Pavilion. This Pavilion and Boardwalk is the main tourist and visitor attraction in Carolina Beach and is the heart of this thriving resort and vacation area. The Pavilion hosts an amusement park, restaurants and bars, retail shops, specialty shops, and more. The auction properties front on Harper Avenue which is one of the main access walkways to the Boardwalk and the beach. Both are located directly across from the new high rise Hampton Inn Suites Oceanfront Carolina Beach. These are great investment/rental properties, and this is a rare opportunity to own a part of this iconic Boardwalk Pavilion area.

Property 1 - #6 Harper Avenue - PARID R09006-007-002-000

Per New Hanover Tax Records this parcel has a 1,140 square foot main retail space with an additional separate space of 380 square feet currently utilized for a beach equipment rental space. The main space has a typical retail glass front with entryway, while the smaller space has a large garage type door on the exterior for high visibility and easy access to the rental equipment without having to bring it through the retail space. Both spaces are connected on the interior for easy access. There have been several recent upgrades and improvements including a new roof system in the past few years to upgrade for a fire-resistant roof to comply with the firework displays at the Boardwalk. These are move-in ready spaces currently utilized by a retail company that is open daily.

Property 2 - #2 Harper Avenue - PARID R09006-007-003-000

Per New Hanover Tax Records this entire parcel is a 845 square vacant lot that adjoins the above described "Property 1". This area is currently open and vacant due to the "off season" but is a great space in the Pavilion. This could possibly make a great rental space for street vendors, concession area, outside sales for the main property, etc. It could also be a great asset if second and third floor expansions of "Property 1" were ever done (like those made to other Pavilion properties).

UPDATED PDF files (as of 11/1/23) of the tax records are available to view, download, or print below by clicking the red "MAPS & BROCHURES" tab.

These properties will be offered separately at auction on Wednesday, November 29, 2023 live on location at the property.

TO VIEW OR INSPECT THESE PROPERTIES PLEASE CONTACT MIKE GURKINS (252) 916-1005 OR DEWEY DUNN (252) 916-1002.

Tax cards, maps, drawings, etc can be accessed for viewing, download, or printing by clicking on the red "MAPS/BROCHURES" tab below.

TERMS & CONDITIONS (updated 11/1/23)

SELLER – This property is being sold by CBA under Order of The United States Federal Bankruptcy Court

THE PROPERTY IS BEING SOLD “FREE & CLEAR” OF LIENS – This property is being sold by Court Order.

THE PROPERTY IS BEING SOLD “AS IS, WHERE IS” – This property is being sold in its current condition with no Buyer contingencies. The information included in the advertising, sales packages, and other is intended for general information purposes only. This information has been provided to us as accurate from outside sources, public records, and other information platforms, however the Seller, Country Boys Auction & Realty, Inc., its employees, Brokers, and associates, hold themselves harmless for any and/or all the information provided in this package. Furthermore, all drawings, maps, letters, descriptions, etc., are “unofficial.” It is the sole responsibility and obligation of the buyer to inspect the property prior to the time of sale and do any and all research they deem necessary prior to bidding.

BROKER - Country Boys Auction & Realty, Inc., its Brokers, and employees are agents for the Seller and have no dual agency representation of responsibilities. Any agent or Broker working with a Buyer will be a Buyer's Agent and would need to be compensated by the Buyer.

DEPOSIT - A deposit in the amount of 10% of the high bid amount is required by the high bidder immediately upon completion of the auction. Cash or check is accepted. The property is being sold “free and clear” of all liens, or with liens satisfied at closing.

CLOSING – The balance of the sales amount will be due at closing. The Buyer will have (30) days from the time of confirmation to close on the property.

TAXES - The property is being sold with taxes prorated as of day of closing, meaning the current year taxes will be split between the Buyer and the Seller based on the closing date; the Seller will pay all prior year’s taxes.

NO BUYER’S PREMIUM - THIS IS A PUBLIC AUCTION