Iconic Oceaneer Motel located ocean front in Carolina Beach. This Motel has 28 units that consist of a mix of hotels style rooms, efficiency and one, two and three bedroom apartments. This .56 acre parcel is zoned multi-family and has 150 feet of street and beach frontage. Parking lot and Pool area all add to the property's operation. This is a great opportunity to step into a successful business or an opportunity to redeveloped.
- Price:
- $5,250,000
- Acreage:
- 0.54
- Year Built:
- 1972
- Listing ID #:
- 100304803
- Street Address:
- 1621 Lake Park Blvd S
- City:
- Carolina Beach
- State:
- North Carolina
- Postal Code:
- 28428
- County:
- New Hanover
- Subdivision:
- Wilmington Beach
- Listing Status:
- Pending With Showings
- Listing Type:
- Commercial
- Construction Description:
- Brick/Stone, Wood Frame
- Flooring:
- Carpet, Laminate, Vinyl
- Foundation:
- Raised, Slab
- Heated Square Footage:
- 11668.00
- Number Of Units:
- 28
- Siding:
- Brick Veneer, See Remarks, Vinyl Siding
- Type Of Roof:
- Metal
- Year Built:
- 1972
- Business Type:
- Hotel/Motel
- Conforms To Zoning:
- Mf
- Lot Description:
- See Others
- Lot Square Footage:
- 23566.00
- Road Frontage:
- 2 - 3 Lanes
- For Sale Or Lease?:
- Sale
- Terms:
- 1031 Exchange, Cash, Conventional
- Hoa Fee Includes:
- See Remarks
- Price Per Square Foot:
- 449.95
- Property Taxes:
- $14,075
- Tax Year:
- 2020
- Attic Present:
- No Access
- Parking Description:
- Lighted, Off Street, On Site, Paved
- Parking Spaces:
- 24
- Cooling System:
- Wall/Window Unit(s)
- Heating:
- Other-See Remarks
- Utilities:
- Municipal Sewer, Municipal Water
- Water Heater:
- Electric
- Waterfront Description:
- Ocean Front, Ocean View
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listing Provided By: Intracoastal Realty Corp
