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$ 4,250,000
Est. payment | /mo
7,084 SqFt
$ 4,250,000
Est. payment | /mo
7,084 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 7,084 sqft
Price per Sqft $599
Subdivision Not In Subdivision
MLS Listing ID 100538544
Year Built 1967
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
Special Listing Condition Standard
Listed by Coldwell Banker Sea Coast Advantage-CB
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