Catylist ID: #30464431
113 Room Hotel Redevelopment Site For Sale-Wilmington
Hospitality for Sale
|Catylist Listing ID:||30464431|
|Property Subtypes:||Hotel, Inn, Motel|
|Number of Units:||113 Units|
|Building Size (RSF):||30,076 SF|
|Gross Building Area:||See Agent|
|Gross Land Area:||2.64 Acres|
|Unit Price:||$21,238.94 Per Unit|
|Property Use Type:||Investment, Vacant/Owner-User|
|Building Name:||Americas Best Value Inn|
|Name of Establishment:||AmeriVu Inn|
|Sale Terms:||Cash to Seller|
Overview / Comments
The Historic Americas Best Value Inn on Hwy 17/Market Street is the first flagged hotel as you leave downtown Wilmington. This property features four two story buildings with exterior entry rooms.
This hotel has been the home to multiple film and TV show related filming events from Tammy to the Current HULU Original Series.
The property has 30 active rooms out of the 113. The remaining rooms have been gutted down to the sticks and are ready for an adaptive reuse.
There are/were 83 double occupancy rooms and 30 single occupancy rooms, 4 of which are handicap accessible. The hotel features a pool, managers office area, two stories of rooms. Full access on market street for the property.
Adjacent to the YMCA and Speaks Law Firm. This sites central location in the Wilmington Market makes it an excellent redevelopment opportunity to become a boutique hotel, office complex or small scale apartment community.
This site is ready for a new destiny.
Attachments & Media
|Taxing Authority:||City of Wilmington / New Hanover County|
|Zoning:||O&I - OFFICE & INSTITUTION|
|Retail Clientele:||General, Family, Business, Traveler, Tourist, Recreation|
|Property Located Between:||29th and Barnard|
|Largest Nearby Street:||Hwy 17 / Market Street|
|Feet of Frontage:||151|
|Site Description:||Fully Developed Site on Market Street with a two story hotel|
|Nearby Attractions:||Downtown Wilmington, UNCW, Various Parks|
|Total Number of Buildings:||4|
|Number of Stories:||2|
|Water Recreation:||Outdoor Pool|
|Total Parking Spaces:||110|
|Parking Description:||Estimated 110 Parking Spaces which wrap the hotel buildings and exterior property boundary|
|Heat Source:||Wall Units|
|Air Conditioning:||Package Unit|
|Interior Description:||Standard Hotel Room|
|Zoning Description:||O&I Zoning|
|Legal Description:||(2.64 Acres) East Wilmington|
|Proximity:||1 mile||3 miles||5 miles|
Nicholas SilivanchEastern Carolinas Commercial Real Estate NCCMLS Member
John Hinnant, IIIEastern Carolinas Commercial Real Estate NCCMLS Member
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