REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 4,500,000
Est. payment /mo
New
316 Carolina Beach AVE N Carolina Beach, NC 28428
7,084 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 7,084 sqft
Price per Sqft $635
Subdivision Not In Subdivision
MLS Listing ID 100538544
Year Built 1967
Annual Tax Amount $15,100
Lot Size 0.430 Acres
Acres 0.43
Lot Dimensions 150x125x150x125
Source Hive MLS
Property Description
Pleased to Offer The Savannah Inn Oceanfront Motel - Carolina Beach, NC
A Rare Oceanfront Investment Opportunity
Presenting a unique opportunity to acquire The Savannah Inn, a well-established oceanfront motel located in the heart of Carolina Beach, one of North Carolina's most dynamic and growing coastal markets. This family-operated business has been a beloved destination for years, boasting a strong repeat clientele and exceptional visibility.
Perfectly situated on three oceanfront lots, The Savannah Inn offers unmatched proximity—just steps from the Carolina Beach Boardwalk and the lively Downtown District—ensuring year-round appeal to vacationers and repeat guests alike.
Property Highlights
22 Fully Renovated Rooms - Complete renovation in 2019, each featuring kitchenettes and modern finishes
Prime Oceanfront Location - Direct beach access and stunning views
Large Oceanfront Pool - A premier amenity for guests
On-Site Tiki Bar - Excellent opportunity to expand revenue streams
Outstanding Walkability - Just steps from restaurants, shopping, and entertainment
Established Brand & Loyal Clientele - Strong occupancy and repeat business
Turnkey Operation - Ideal for investors seeking immediate cash flow and long-term upside
Investment Overview
The Savannah Inn represents a turnkey coastal hospitality investment with significant upside potential. With all major capital improvements completed in 2019, investors can focus on revenue growth through expanded food & beverage operations or potential redevelopment opportunities in this high-demand beachfront corridor.
Full financials and additional details available to qualified buyers upon execution of a Non-Disclosure Agreement (NDA). Seller Financing Possibility
A Rare Oceanfront Investment Opportunity
Presenting a unique opportunity to acquire The Savannah Inn, a well-established oceanfront motel located in the heart of Carolina Beach, one of North Carolina's most dynamic and growing coastal markets. This family-operated business has been a beloved destination for years, boasting a strong repeat clientele and exceptional visibility.
Perfectly situated on three oceanfront lots, The Savannah Inn offers unmatched proximity—just steps from the Carolina Beach Boardwalk and the lively Downtown District—ensuring year-round appeal to vacationers and repeat guests alike.
Property Highlights
22 Fully Renovated Rooms - Complete renovation in 2019, each featuring kitchenettes and modern finishes
Prime Oceanfront Location - Direct beach access and stunning views
Large Oceanfront Pool - A premier amenity for guests
On-Site Tiki Bar - Excellent opportunity to expand revenue streams
Outstanding Walkability - Just steps from restaurants, shopping, and entertainment
Established Brand & Loyal Clientele - Strong occupancy and repeat business
Turnkey Operation - Ideal for investors seeking immediate cash flow and long-term upside
Investment Overview
The Savannah Inn represents a turnkey coastal hospitality investment with significant upside potential. With all major capital improvements completed in 2019, investors can focus on revenue growth through expanded food & beverage operations or potential redevelopment opportunities in this high-demand beachfront corridor.
Full financials and additional details available to qualified buyers upon execution of a Non-Disclosure Agreement (NDA). Seller Financing Possibility
Location
State NC
County New Hanover
Community Not In Subdivision
Zoning T-1
Direction Carolina Beach Ave South, Hotel is on the Right Ocean Front
Interior
Heating Electric
Building
New Construction No
Others
Tax ID R08819-006-002-000
Listed by Coldwell Banker Sea Coast Advantage-CB
GET MORE INFORMATION
Sheila Garcia Holloway
Real Estate & Mortgage Broker | License ID: 269988
824 Gum Branch Rd Suite F, Jacksonville, NC, 28540-6269, USA