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18-Room Motel with Redevelopment Site
For Sale
$3,950,000

213 Cape Fear Boulevard, Carolina Beach, NC 28428

Two-story lodging property includes an office, apartment, and separate vacant lot.

Property Size7,996 SF
Price / SF$493
Days on Market15

Property Features for 213 Cape Fear Boulevard

General Information

Standard status Active
Size 7,996 SF

Building Details

Year Built 1960
Listing Agency: Coldwell Banker Sea Coast Advantage-CB
Listed By: Ajay Singh · License #301605
Source: Bradberrygarnerrealestate
Added: Aug 16 Changed: Aug 29 Last Checked: Aug 25 at 6:18AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Sea Coast Advantage-CB

Investment Insights

Based on property information with market context.

The property comprises four lots assembled around an existing two-story motel with 18 rooms. Three lots at 213 Cape Fear Blvd also include a house configured with an office and an apartment. A separately deeded vacant parcel at 218 Charlotte Ave extends behind the motel, providing an additional component within the assemblage.

The site has 150 feet of road frontage along Cape Fear Blvd and 50 feet along Charlotte Ave. Carolina Beach’s boardwalk, restaurants, shops, entertainment, and the Atlantic Ocean are located a few blocks away. The property is in Carolina Beach, with access to Wilmington described as approximately 20 minutes away. The motel was built in 1960.

Key Highlights

  • 18‑room, two‑story motel built in 1960
  • Four‑lot assemblage includes three lots at 213 Cape Fear Blvd
  • House includes an office and an apartment

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.

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  • 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 - Two-story lodging property includes an office, apartment, and separate vacant lot.
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: 18‑room, two‑story motel built in 1960; Four‑lot assemblage includes three lots at 213 Cape Fear Blvd; House includes an office and an apartment
More about this property
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