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Renovated 21-Unit Motel
For Sale
$5,250,000

213 Raleigh Ave, Carolina Beach, NC 28428

Furnished coastal lodging property with private bathrooms, remote operations, designated parking, and multiple guest room configurations.

Property Size6,224 SF
Lot Size0.34 Acres
Price / SF$843.51
Days on Market35

Property Features for 213 Raleigh Ave

General Information

Standard status Active
Size 6,224 SF
Total Parking Spaces 21
Lot size 0.34 Acres

Additional Details

Business Included Yes

Amenities

pet-friendly
self-check-in
smart TVs
microwaves
refrigerators
Keurig coffee makers
hardwired fire alarm system
security camera system
wood railings
privacy walls
landscaping
housekeeping supply room
laundry area
smart locks

Building Details

Year Built 1955
Buildings 3
Listing Agency: Prosper Real Estate
Listed By: Reidi Troy · License #349786
Source: Bradberrygarnerrealestate
Added: Jul 27 Changed: Aug 28 Last Checked: Aug 29 at 11:51AM

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 Prosper Real Estate

Investment Insights

Based on property information with market context.

The Carolina Beach Motel includes 21 furnished guest units across three buildings at 213 Raleigh Ave. Room configurations include efficiency rooms, double-queen rooms, two-bedroom suites, and suites with dining tables and pull-out couches. Every unit has a private bathroom, smart TV, microwave, refrigerator, Keurig coffee maker, and mini-split HVAC system. The property also includes designated parking for each unit, a housekeeping supply room, and a main-building laundry area with washer and dryer hookups.

Renovation work began in 2022 and included insulation, drywall, subfloors, LVP flooring, plumbing and electrical updates, tile bathrooms, four water heaters, wood railings, privacy walls, landscaping, and monitored fire and security systems. The motel is less than 1,500 feet from the beach and within walking distance of restaurants, shops, and the CB Boardwalk.

Operations use smart locks, remote guest communication, multiple online booking platforms, and a direct booking website. The sale includes furnishings and operational assets, while existing management is willing to remain for one year to support reservations, housekeeping, maintenance, and daily operations.

Key Highlights

  • 21‑unit motel on three 50x100 lots
  • Less than 1,500 feet from the beach at 213 Raleigh Ave
  • Renovation work began in 2022 across all three buildings

Property Analytics

Current Use

Carolina Beach 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.

Lease Details

Turnkey business
Opportunity

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 - Furnished coastal lodging property with private bathrooms, remote operations, designated parking, and multiple guest room configurations.
Where is this motel located?
The property is located at 213 Raleigh Ave Carolina Beach, NC.
What is the asking price?
The asking price for this property is $5,250,000.
What are key features of this property?
This property features: 21‑unit motel on three 50x100 lots; Less than 1,500 feet from the beach at 213 Raleigh Ave; Renovation work began in 2022 across all three buildings
More about this property
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