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517 Lewis Dr
Carolina Beach, NC 28428 Carolina Beach

$3,250,000 USD

Self Storage For Sale  •  24,672 SF

Property Details

  • Property Type Self Storage
  • Total Building Size 24,672 SF
  • Lot Size 1.45 AC
  • Building Class C
  • Year Built 1984
  • Zoning HB
0 Transit Score
56 Walk Score

Description

Established Coastal Storage Facility
Pleasure Island Mini Storage has been family owned and operated for over 20 years with an established customer base and strong demand in the Carolina Beach market.

237 Storage Units | 8 Buildings
The property includes approximately 25,720 square feet of rentable storage space across eight buildings with a variety of unit sizes.

Prime Carolina Beach / Pleasure Island Location
Strategically located just over the bridge serving the growing populations of Carolina Beach, Wilmington, and surrounding coastal communities.

Strong Existing Income
Approximately $321,960 in total gross income for 2025 with opportunities for continued revenue growth.

~90% Current Occupancy
Stabilized operations with remaining vacancy providing additional lease-up and revenue upside. Owner currently utilizes approximately 20 units for personal storage. These units are in the process of being cleared and will be available for rental, offering additional immediate revenue potential for a new owner.

Owner / Operator Opportunity
Includes on-site office and a spacious one-bedroom apartment with appliances, allowing an owner to live and manage the facility on-site or generate additional rental income.

Secure Facility
Fully fenced storage buildings with video surveillance cameras providing security and peace of mind for tenants.

Not Located in a Flood Zone
Added security for long-term ownership and financing.

Value-Add Potential
Opportunity for rental rate increases and operational improvements in a market with limited storage inventory.

Highlights

237-unit coastal self-storage facility serving the growing Carolina Beach and Wilmington markets
Income-producing property with expansion and revenue growth potential.
On-site office and apartment ideal for owner/operator management.

Property Flyers

Amenities

  • Signage

Public Transportation

AirportDriveWalkDistance
Wilmington International 38 min - 20.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 10
Type: Surface
Included in Rent: Yes
Trina Thomas 910-617-7341 Absolute Property Brokers, LLC
Trina Thomas 910-617-7341 Absolute Property Brokers, LLC