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16-Suite Hotel With Covered Parking
For Sale
$2,495,000

313 Cedar Street, Beaufort, NC 28516

Commercial Sale, Beaufort, NC

Property Size8,100 SF
Lot Size0.28 Acres
Price / SF$308.02
Days on Market142

Property Features for 313 Cedar Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commerical
Parking 18
Parking features Parking Lot, Covered
Subdivision Not In Subdivision
Lot features Level
Directions Hwy 70, right onto Turner Street, Right onto Cedar Street. Property on the right
Standard status Active
APN 730617210648000
Size 8,100 SF
Lot size 0.28 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description LOT CEDAR ST BEAUFORT
Tax Annual Amount 10810
Legal Description LOT CEDAR ST BEAUFORT

Utilities

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

Amenities

covered parking
covered patio

Building Details

Year built 2010
Number of units 16
Roof type Membrane
Listing Agency: RE/MAX Ocean Properties · RE/MAX International
Listed By: Meredith & Matt Team Johnson · License #210529
Added: May 16 Changed: Sep 8 Last Checked: Oct 4 at 11:06AM
MLS# 100574475

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 operating hotel property contains 16 suites within an 8,100-square-foot, three-story building constructed in 2010. Each suite includes a bedroom, bathroom, full kitchen, and covered entry. Elevator service connects the upper levels, while the ground floor provides covered parking. Covered patios on each level add shared outdoor space for guests and groups.

Situated in Beaufort’s historic downtown area on a 0.28-acre parcel, the property is less than a block from the Margaritaville Hotel on the Beaufort Waterfront. Public water service, electric heating, wall or window-unit cooling, and a membrane roof support the existing operation. The property carries commercial zoning and includes a parking lot with covered spaces.

Key Highlights

  • 16 suites with a bedroom, bathroom, full kitchen, and covered entry in each
  • 8,100 square feet on a 0.28‑acre parcel
  • Three‑story hotel constructed in 2010

Property Analytics

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Open Analytics

Current Use

Hotels

Suggested Use

Top Pick Dental Office Electrical Service (Bike/Boat/Book/etc) Store Skin Care Clinic Barber Shop Computer & Electronic Repair

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

517
Businesses Nearby

Demographics for 28516, NC

11,204
Population
7,183
Households
1.6
Avg Household Size
52
Median Age
27%
College-Educated
89%
High-School Grad
125.7 sq mi
ZIP Area
89
Density / Sq Mi
$63,257
Median Household Income
$36,227
Median Earnings
$869
Median Rent
$292,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Hotel - Operating hospitality property with full-kitchen suites, elevator service, covered parking, and outdoor gathering areas.
Where is this hotel located?
The property is located at 313 Cedar Street Beaufort, NC.
What is the asking price?
The asking price for this property is $2,495,000.
What are key features of this property?
This property features: 16 suites with a bedroom, bathroom, full kitchen, and covered entry in each; 8,100 square feet on a 0.28‑acre parcel; Three‑story hotel constructed in 2010
More about this property
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