$4,500,000

316 Carolina Beach Avenue N, Carolina Beach, NC 28428

  • 7,084 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1967
  • Property Lot Size Icon0.43acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $635/sqft
  • Property List Date Icon Listed 9 days ago

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

Listing Status:
Active
Listing Office:
Coldwell Banker Sea Coast Advantage-CB : 910-458-4401
MLS ID:
100538544
  • Heating: Electric
  • Originating MLS: Hive MLS
  • County: New Hanover
  • Zoning: T-1LOTS 7-9 BLK 3 CAROLINA BEACHR08819-006-002-000
  • Source: Hive MLS

This listing courtesy of Coldwell Banker Sea Coast Advantage-CB

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Carolina Beach Elementary School

400 Fourth St S, Carolina Beach, NC, 28428

Grades KG-5

0.70 miles away

C

Charles P. Murray Middle School

655 Halyburton Memorial Pkwy, Wilmington, NC, 28412

Grades 6-8

4.50 miles away

E

Eugene Ashley High School

555 Halyburton Memorial Pkwy, Wilmington, NC, 28412

Grades 9-12

4.51 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.