Renovated 21-Unit
For Sale
$4,750,000
213 Raleigh Avenue, Carolina Beach, NC 28428
Commercial Sale, Carolina Beach, NC
Property Size6,224 SF
Lot Size0.34 Acres
Price / SF$763.17
Days on Market162
Property Features for 213 Raleigh Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
MX
Parking
21
Parking features
Off Street
Subdivision
Heart of Carolina Beach
Directions
Heading South down Lake Park Blvd, take a right onto Raleigh Ave. Property is on the left.
Standard status
Active
APN
R09006-019-013-000
Size
6,224 SF
Lot size
0.34 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOT 15/16/17 BLK 46 CAROLINA BEACH
Legal Description
LOT 15/16/17 BLK 46 CAROLINA BEACH
Utilities
Heating system
Electric (Heating)
Building Details
Year built
1955
Number of units
21
Flooring type
Lvt/lvp
Building materials
Stucco, Wood Frame
Roof type
Composition, Shingle
Listing Agency:
Prosper Real Estate
(910) 352-7957
Listed By:
Reidi Troy · License #349786
(843) 860-0012
Added: Mar 12
Changed: Aug 19
Last Checked: Aug 20 at 5:06PM
MLS# 100559721
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 21-unit motel occupies three buildings totaling 6,224 square feet on 0.3444 acres. The property was substantially renovated beginning in 2022, with updated plumbing and electrical systems, tile bathrooms, new subfloors and LVP flooring, insulation, drywall, four water heaters, and mini-split HVAC in every room. Units include private bathrooms, smart TVs, microwaves, refrigerators, and Keurig coffee makers, with room configurations ranging from efficiency accommodations to two-bedroom suites. The sale includes furnishings and operational assets.
Each unit has a designated off-street parking space, while additional gravel parking occupies the former pool area. Operational features include smart locks, monitored fire alarm and security camera systems, a housekeeping supply room, and a laundry area with washer and dryer hookups. The motel is located less than 1,500 feet from the beach and within walking distance of restaurants, shops, and the CB Boardwalk. MX zoning and existing remote-management systems support continued motel operations.
Each unit has a designated off-street parking space, while additional gravel parking occupies the former pool area. Operational features include smart locks, monitored fire alarm and security camera systems, a housekeeping supply room, and a laundry area with washer and dryer hookups. The motel is located less than 1,500 feet from the beach and within walking distance of restaurants, shops, and the CB Boardwalk. MX zoning and existing remote-management systems support continued motel operations.
Key Highlights
- 21‑unit motel with 6,224 SF across three buildings
- Major renovation work began in 2022, including plumbing, electrical, bathrooms, flooring, and HVAC
- Situated on 0.3444 acres comprising three 50x100 lots
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
631
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
Questions? Ask Rey
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Similar Off Market Nearby
- King's Cottages — 101 Atlanta Ave, Carolina Beach, NC 28428
- Once Upon a Tide - Carolina Beach — 608 Greenville Ave A, Carolina Beach, NC 28428
- CB Surf Cottage — 807 S 6th St, Carolina Beach, NC 28428
- Coastal Soul — 415 Greenville Ave, Carolina Beach, NC 28428
- Luna Sea — 907 Carolina Beach Ave S, Carolina Beach, NC 28428
Frequently Asked Questions
What type of property is this?
Motel - Fully furnished motel with private bathrooms, smart locks, and designated guest parking.
Where is this motel located?
The property is located at 213 Raleigh Avenue Carolina Beach, NC.
What is the asking price?
The asking price for this property is $4,750,000.
What are key features of this property?
This property features: 21‑unit motel with 6,224 SF across three buildings; Major renovation work began in 2022, including plumbing, electrical, bathrooms, flooring, and HVAC; Situated on 0.3444 acres comprising three 50x100 lots
