4571 Smith Avenue

Shallotte, NC 28470

Status

CLOSED

MLS#

100218373

Sold Price

$2,562,000

List Price

$2,950,000

Closing Date

Nov 16, 2021

Days on Market

100

Acres

112.33

Neighborhood

Not In Subdivision

Stipulations

None

Property Description

Magnificent 112 acres of land in the Commercial Center of Shallotte, NC. Ideal for a mixed use development with retail and commercial uses along Smith Ave. and residential communities along the marsh and riverfront. Property contains a mixture of woodlands and cleared areas on the approximately 60 acres of high ground and approximately 52 acres of marsh and wetlands along the Shallotte River. This site sits directly across from Shallotte Crossing Shopping Center, home to Home Depot, Office Depot, Belk, along with numerous other restaurants and retailers. Coastal Walk Marketplace is currently under construction at the intersection of Main Street & Smith Avenue which will feature Ulta, Ross, Marshalls, PetSmart, Hobby Lobby and Rack Room. The Shallotte Riverfront Project sits across the Shallotte River from the site and will create a vibrant destination complete with shopping, dining, entertainment, business and residential space. The Riverfront Project is is in the planning and preliminary construction phase and will ultimately connect via walking trails across Main Street to the Mulberry Street Park, permanent home to the Shallotte Farmers Market equipped with an amphitheater, pavilion, playground, community garden and walking trails. The Town of Shallotte is the central point of commerce for the South Brunswick Islands, servicing the shopping, dining and recreational needs of the high net-worth year-round residents and tourists to the island resort communities.

Additional Information

Available Amenities

See Remarks

Waterfront

Yes

Elementary School

Jessie Mae Monroe

Middle School

Shallotte

High School

West Brunswick

Approximate Room Dimensions

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910.264.4921

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Intracoastal Realty. Selling Office: Cape Fear Real Estate Group.

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