517 Lewis Drive, Carolina Beach, NC 28428 (MLS# 100558081)

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Property 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.

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