213 Cape Fear Boulevard, Carolina Beach, NC 28428 (MLS# 100470888)
213 Cape Fear Boulevard, Carolina Beach, NC 28428
$4,400,000
Property Type:
Comm Sale or Lease
Square Footage:
7,996
Lot Size (sq. ft.):
24,829
Status:
Active
Current Price:
$4,400,000
List Date:
10/14/2024
Last Modified:
3/24/2025
Description
Unique opportunity to maintain a profitable 18 room motel and guest house or look to expand the development opportunities available in the Mixed Use Transitional District. This district is established to provide for an area of transitional land uses between intensified use districts or elements and residential districts. This district includes an area of mixed land uses between the intensive, commercial, central part of Town and the quiet residential areas and may also be employed as a transitional area between busy major thoroughfares and quieter residential use. Permitted uses include a mixture of single-family homes, two-family dwellings, and small-scale office and institutional use.
More Information MLS# 100470888
Contract Info
Available Date: 2024-10-14
Status: Active
Delayed Marketing?: No
Marketing Start Date: 2024-10-14
Sub-Type: Multi Family
Garage: Masterlock
Sale/Lease: Sale
Listing Price: 4400000
Current Price: $4,400,000
List Price/SqFt: 550.28
Stipulation of Sale: Standard
Location Information
Street #: 213
Street Name: Cape Fear
Street Suffix: Boulevard
County: New Hanover
State/Province: NC
Zip Code: 28428
City Limits: Yes
Subdivision: Heart of Carolina Beach
Secondary Subdivision: N/A
Geo Lat: 34.03359
Geo Lon: -77.895571
Remarks and Showing
Directions to Property: Take Carolina Beach Road toward Carolina Beach. once into Carolina Beach Turn Right on Cape Fear Blvd and motel is on the left.
Sign on Property: Yes
Building Info
New Construction: No
BuildingExt Features
SqFt - Heated (Primary): 7996
Legal and Taxes
Tax Assessed Value: 1125200
Deed Book: 5002
Deed Page: 2746
Legal: 47 9/10/11 Car Bch and 47 19 Car Bch
Broker Owner: No
PID: R09006-025-018-000
Tax Identifier: R09006-018-000
Special Assessments: non
Tax Year: 2024
Year Built: 1960
Zoning: MX
HOA: No
Cobra Zone: No
Federal Flood Ins Avlbl: Yes
Current Service Providers
Electric Provider: Duke Progress Energy
Financial Info
Financial Info: Yes
Gross Income: 2457000
Total Annual Expenses: 54000
Real Estate Taxes: 7854
Property Features
Business Type: Hotel/Motel; Mixed
Attic: None
Basement: None
Construction: Wood Frame
Exterior Finish: Asbestos; Wood Siding
Flooring: Carpet; Laminate
Foundation: Crawl Space; Slab
Fuel Tank: None
Green Bldg Features: None
Parking Features: Off Street; On Site; Parking Lot
Roof: Shingle
Lot Description: See Remarks
Current Use: Hotel/Motel
Lot Water Features: None
Cooling: Wall/Window Unit(s)
Heating: Other
Heating System Fuel Source: Electric
Water Heater: Electric
Utilities: Water Available
Sewer: Municipal Sewer
Water Source: Municipal Water
Terms: Cash; Conventional; Seller Financing
Listing Office: Intracoastal Realty Corp
Last Updated: March - 24 - 2025
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