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18-Room Motel with Vacant Lot
For Sale
$3,950,000

213 Cape Fear Boulevard, Carolina Beach, NC 28428

Commercial Sale, Carolina Beach, NC

Property Size7,996 SF
Lot Size0.43 Acres
Price / SF$493
Days on Market14

Property Features for 213 Cape Fear Boulevard

General Information

Property type Commercial Sale
Property subtype Other
Zoning MX
Parking 24
Parking features Off Street, Parking Lot
Subdivision Not In Subdivision
Directions Lake Park Blvd N Turn Right on to Cape Fear BLVD Motel is on the Left hand Side
Standard status Active
APN R09006-025-018-000
Size 7,996 SF
Lot size 0.43 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 47 9/10/11 CAR BCH
Tax Annual Amount 7854
Legal Description 47 9/10/11 CAR BCH

Utilities

Utilities Water Available
Heating system Electric (Heating)
Cooling system Wall/Window Unit(s), Window Unit(s)
Water source Public

Building Details

Year built 1960
Flooring type Laminate, Carpet
Building materials Wood Frame
Roof type Shingle
Listing Agency: Coldwell Banker Sea Coast Advantage-CB · Coldwell Banker Real Estate
Listed By: Ajay Singh · License #301605
Added: Aug 14 Changed: Aug 19 Last Checked: Aug 27 at 12:06PM
MLS# 100596353

Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This four-lot Carolina Beach property includes a two-story, 18-room motel on three parcels at 213 Cape Fear Boulevard, along with a house containing an office and an apartment. The separate fourth lot at 218 Charlotte Avenue is vacant and connects behind the motel. Combined property size is 7,996 square feet on 0.43 acres, with wood-frame construction, shingle roofing, laminate and carpet flooring, electric heating, and wall or window unit cooling. Parking includes off-street spaces and a parking lot, while public water and water availability are reported.

The property provides 150 feet of frontage on Cape Fear Boulevard and 50 feet on Charlotte Avenue. It is located a few blocks from the Carolina Beach Boardwalk, restaurants, shops, entertainment, and the Atlantic Ocean. The property was built in 1960 and offers a combination of existing hospitality improvements and a separately deeded vacant lot within the four-lot assemblage.

Key Highlights

  • Two‑story motel with 18 rooms on three of the four lots
  • Separate vacant lot at 218 Charlotte Avenue, deeded apart from the other three parcels
  • 150 feet of frontage on Cape Fear Boulevard and 50 feet on Charlotte Avenue

Property Analytics

Current Use

Russo's Motel Hotel & Motel

Suggested Use

Top Pick Law Firm Electrical Service Auto Parts Store Garden Center Storage Facility Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

631
Businesses Nearby
Well-served
Demand for This Use

Demographics for 28428, NC

6,848
Population
6,268
Households
1.1
Avg Household Size
51
Median Age
48%
College-Educated
98%
High-School Grad
5.2 sq mi
ZIP Area
1,317
Density / Sq Mi
$87,670
Median Household Income
$41,138
Median Earnings
$1,515
Median Rent
$490,100
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Luna Sea 907 Carolina Beach Ave S, Carolina Beach, NC 28428
  • Once Upon a Tide - Carolina Beach 608 Greenville Ave A, Carolina Beach, NC 28428
  • Coastal Soul 415 Greenville Ave, Carolina Beach, NC 28428
  • CB Surf Cottage 807 S 6th St, Carolina Beach, NC 28428
  • King's Cottages 101 Atlanta Ave, Carolina Beach, NC 28428

Frequently Asked Questions

What type of property is this?
Motel - Four contiguous lots combine an operating-style lodging layout with a separate vacant parcel near Carolina Beach’s boardwalk and ocean.
Where is this motel located?
The property is located at 213 Cape Fear Boulevard Carolina Beach, NC.
What is the asking price?
The asking price for this property is $3,950,000.
What are key features of this property?
This property features: Two‑story motel with 18 rooms on three of the four lots; Separate vacant lot at 218 Charlotte Avenue, deeded apart from the other three parcels; 150 feet of frontage on Cape Fear Boulevard and 50 feet on Charlotte Avenue
More about this property
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