224 Carolina Beach Avenue North Sea Witch Motel

Hospitality for Sale
Catylist Listing ID: 30556322
Property Subtypes: Motel
Number of Units: 16 Units
Building Size (RSF): 4,600 SF
Gross Building Area: See Agent
Gross Land Area: 18,748 SF
Sale Price: $2,349,900
Unit Price: $146,868.75 Per Unit
Property Use Type: Investment, Business
Name of Establishment: Sea Witch Motel
Sale Terms: Cash to Seller, Other
Last Updated: 7/1/2020

Overview / Comments

Ocean front motel that is in a prime location!! Don't miss out, just a stroll away from the boardwalk. This Motel has three decks and a swimming pool located on the beautiful oceanfront beaches of Carolina Beach. If you looking for that get away business, mom and pop motel, easy to run yourself, with great income look no further, and then remember the potential of having 150 ft of oceanfront right down from the main business district of Carolina Beach. So much potential available.

DIRECTIONS: Take Carolina Beach Road and go over the Carolina Beach Bridge, located on oceanfront street, Carolina Beach Avenue N, right down from the Hampton Inn. The Sea Witch Motel is directly across the street from Sea Witch Restaurant. Motel is located directly on the oceanfront.

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Tax ID/APN: R09006006004000
Zoning: CAROLINA BEACH: CBD
Retail Clientele: Family, Business, Traveler, Tourist, Recreation
Property Located Between: Ocean and main business district
Property Visibility: Excellent
Largest Nearby Street: Carolina Beach Avenue N
Feet of Frontage: 150
Traffic/Vehicle Count: 17
Site Description: IN CITY LIMITS: Yes
Nearby Attractions: Boardwalk, restaurants, fishing boats, beach, shopping, amusement park.
Total Number of Buildings: 2
Number of Stories: 2
Property Condition: Average
Year Built: 1963
Year Renovated: 2018
Construction/Siding: Vinyl Siding
Water Recreation: Outdoor Pool, Other
Parking Type: Surface
Internet Access: Cable
In Flood Plain?: Yes
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,785 11,122 21,839
Median Age: 43.01 46.76 43.26
Households: 1,255 5,022 9,429

Contact

Photograph of Listing Agent

Barbara Golightly

Island Blue Properties NCCMLS Member
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