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28734502
28734503

2339 Lennoxville Rd, Beaufort, NC 28516

Waldrop Properties Llc
Listed by Waldrop Properties Llc
$1,900,000
186 days on market
Updated 58 days ago
Opportunity zone

Redevelopment Opportunity, +/- 1.11 Acres-Beaufort, NC

Details
APN 731505182452000, 731505183348000
Property Type Land
Sub Type Commercial, Residential
Broker Co-Op Yes

Redevelopment Opportunity, +/-1.11 Acres, Beaufort, NC

Marketing description

Approximately 1.11 acres located at 2335 & 2339 Lennoxville Road in Beaufort, North Carolina. The property is located in an Opportunity Zone. The property is currently operated as an Auto Body Shop and will be vacated upon the sale of the property as the ownership of the property also owns the Auto Body Shop.

The current zoning is R-8. However, the Comprehensive & CAMA Land Use Plan for the property is Village Commercial with the “potential” to rezone the property to B-1, which could allow for commercial uses on the ground floor and residential dwellings/units on the upper floors. The height restrictions are 40 feet. The property is currently in the ETJ for Beaufort, so the property would need to be annexed into the Beaufort Town Limits. Annexation would also provide the opportunity to access municipal water and sewer.

The property is within walking distance of the NC Wildlife Beaufort Boat Access (Ramp), The Boathouse Marina, and The Beaufort Hotel & 34 Degrees North Restaurant.

The property is also close to Preston Development Company’s residential development, Beau Coast (https://www.beaucoastnc.com/).

The Historic Downtown Beaufort Waterfront is approximately 2 miles from the Property, which is an easy bike ride!

An excellent opportunity for a thoughtful mixed use development in Beaufort, North Carolina.

The offering price is $1,900,000.

Investment highlights

Approximately 1.11 acres located at 2335 & 2339 Lennoxville Road in Beaufort, North Carolina. The property is located in an Opportunity Zone. The property is currently operated as an Auto Body Shop and will be vacated upon the sale of the property as the ownership of the property also owns the Auto Body Shop.

The current zoning is R-8. However, the Comprehensive & CAMA Land Use Plan for the property is Village Commercial with the “potential” to rezone the property to B-1, which could allow for commercial uses on the ground floor and residential dwellings/units on the upper floors. The height restrictions are 40 feet. The property is currently in the ETJ for Beaufort, so the property would need to be annexed into the Beaufort Town Limits. Annexation would also provide the opportunity to access municipal water and sewer.

The property is within walking distance of the NC Wildlife Beaufort Boat Access (Ramp), The Boathouse Marina, and The Beaufort Hotel & 34 Degrees North Restaurant.

The property is also close to Preston Development Company’s residential development, Beau Coast (https://www.beaucoastnc.com/).

The Historic Downtown Beaufort Waterfront is approximately 2 miles from the Property, which is an easy bike ride!

An excellent opportunity for a thoughtful mixed use development in Beaufort, North Carolina.

Listing Contacts

Waldrop Properties Llc
Listed by Waldrop Properties Llc

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