5211 Main Street, Shallotte, NC 28470

Mixed-Use Value-Add Investment Opportunity | Aloha Plaza – Shallotte, NC

Aloha Plaza presents a unique mixed-use investment opportunity in the heart of Shallotte, North Carolina, one of the fastest-growing communities in the Southeast. Situated on approximately 2.34 acres, the property encompasses 11,172± rentable square feet and features a diverse mix of six commercial suites and eight residential units. The asset provides stable in-place income while offering substantial value-add potential through lease-up opportunities, rental rate growth, operational improvements, and the ability to capitalize on excess land for future development.

Strategically positioned with frontage on both Main Street and Sellers Road, the property benefits from dual ingress/egress access, excellent visibility, and strong traffic exposure. In addition to the existing improvements, the property includes excess land that may support additional development, subject to applicable zoning and municipal approvals, providing investors with a unique opportunity to further increase income and maximize the site's long-term value.

Commercial Tenants:

Unit 506 – El Coquis Restaurant

Unit 507 – Prince Picasso Barber Shop

Unit 509 – Cut Hut Hair Salon

Unit 510 – Miracle Ear

Unit 511 – Immortal Ink Tattoo Shop

Unit 512 – Unleashed Dog Groomer

With the exception of the barber shop (Unit 507), all commercial tenants are currently operating on month-to-month leases, providing flexibility for future rental adjustments, redevelopment, or repositioning strategies.

Residential Units

Unit 501 – 2BR / 1BA – Leased

Unit 502 – 2BR / 1BA – Leased

Unit 503 – 1BR / 1BA – Leased

Unit 504 – 1BR / 1BA – Leased

Unit 505 – 3BR / 1.5BA – Vacant

Unit 507A – 2BR / 1BA – Vacant

Unit 507B – 1BR / 1BA – Leased

Unit 508 – 1BR / 1BA – Leased

All residential leases are month-to-month, creating additional opportunities for rental rate growth and improved operational efficiencies.

Aloha Plaza offers investors a compelling combination of current cash flow, flexible lease structures, residential vacancy upside, and future development potential in one of coastal North Carolina's most dynamic growth corridors. Whether maintained as an income-producing asset or repositioned for higher returns, this property presents a unique opportunity to capitalize on the continued growth of the Shallotte market.

Please do not disturb Tenants. Contact Broker with questions or to arrange a property tour.