Carolina Beach Motel For Sale/ or RARE REDEVELOPMENT OPPORTUNITY WITH OWNER FINANCING AVAILABLE - CAROLINA BEACH, NC Located in the heart of one of the East Coast's fastest growing beach towns, this mixed-use property is your gateway to a high ROI redevelopment project just steps from the ocean FLEXIBLE OWNER… Read More FINANCING OPTIONS You don't need a bank. We are making it easy for visionary developers and investors. *Only 20% down *Competitive interest rates *Avoid restrictive conditions compared to traditional financing ABOUT THIS PROPERTY This property consists of a total of 4 lots. 3 of the lots are located at 213 Cape Fear Blvd and includes a 2 story 18 room motel and a house with an office and an apartment. The 4th lot connects to the back of the motel and is addressed at 218 Charlotte Ave. This is a vacant lot and is deeded separate from the other 3 lots. 150 Feet of Road Frontage on Cape Fear Blvd and 50 Feet Frontage on Charlotte Ave. UNMATCHED LOCATION This is your opportunity to invest in one of the most sought-after areas on the Carolina coast. Located just a few blocks from the historic boardwalk, restaurants, shops, entertainment and the beautiful Atlantic Ocean. The flexible mixed-use zoning makes it ideal for a variety of redevelopment uses. Beach-close properties in this zone are becoming increasingly rare-don't miss this opportunity Buyers, renters and vacationers all want to be close to the boardwalk and beach-and this location delivers. READY TO BUILD YOUR VISION? Whether you're a developer, investor or visionary business owner, this property has endless possibilities. Call today for more information or to schedule a private tour with the owner. WHY CAROLINA BEACH? *Booming real estate market with year-over-year growth *Heavy summer tourism + growing off-season rental market *Supportive local government for redevelopment and investment *Maximum 50' building height *Demand for long term Rentals Read Less
Courtesy of Ajay Singh, Coldwell Banker Sea Coast Advantage-CB
Listing Snapshot
Days Online
39
Last Updated
Property Type
Improved
Square Ft.
7,996
Lot Size
0.43 Acres
Year Built
1960
MLS Number
100552738
30 Days Snapshot Of 28428
$685k
+7%
(avg) sold price
27
+35%
homes sold
136
+17%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
"None"
Building
Built in 1960, Structure type: "Wood Frame", Toal building area: 7996
Cooling
"Wall/Window Unit(s)"
Floors
"Carpet", "Laminate"
Water Features
"None"
Heating
"Other", "Electric"
Lot
0.43 acres, 18,731 sqft, "See Remarks"
Parking
24 total parkings, "Parking Lot", "Off Street", "On Site"
Property
Zoning: MX
Roof
"Shingle"
Taxes
Year: 2025
Utilities
"Water Available"
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The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS, and is updated as of . All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Coldwell Banker Sea Coast Advantage-CB shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data.
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