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Renovated 12-Unit Motel

50 & 70 Sanddollar Road, Ocracoke, NC 27960

For Sale
$2,300,000

A separate two-bedroom cottage, salt-water pool, and owner’s quarters accompany the guest accommodations.

Property SizeContact for details
Days on Market163

Property Features for 50 & 70 Sanddollar Road

General Information

Standard status Active
Property subtype Commercial
Zoning Commercial

Additional Details

Business Included Yes
Currently Operating Yes

Amenities

salt-water swimming pool
front deck

Building Details

Year Built 1958
Year Renovated 2021
Buildings 2
Listing Agency: Ocracoke Island Realty
Listed By: Donna Drilling · License NC #182570
Source: Saltwatersalesobx
Added: Jun 4 Changed: Nov 10 Last Checked: Nov 13 at 4:26PM

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 Ocracoke Island Realty

Rey
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Investment Insights

Based on property information with market context.

This 12-unit motel in Ocracoke Village includes six ground-floor guest rooms, five second-floor rooms, and an efficiency apartment with a kitchen. Renovations were completed in 2021. The property also has owner’s quarters with one bedroom, one bathroom, a full kitchen, and living area, plus a laundry room and attached office. A 12′ x 28′ salt-water swimming pool serves the property.

A separate cottage has two bedrooms, one bathroom, vaulted ceilings, open living and dining areas, a kitchen with stainless steel appliances, and a front deck. The property is zoned Commercial and is located near village restaurants, shopping, and Silver Lake Harbor, with the beach a short drive away.

Key Highlights

  • 12‑unit motel with six ground‑floor rooms, five second‑floor rooms, and one efficiency apartment
  • Renovations completed in 2021
  • Separate cottage with two bedrooms, one bathroom, and front deck

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

Motels

Suggested Use

Top Pick Parking Lot & Garage Electrical Service HVAC Service Bakery Auto Parts Store Building Supply

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

275
Businesses Nearby
Well-served
Demand for This Use

Demographics for 27960, NC

797
Population
720
Households
1.1
Avg Household Size
52
Median Age
46%
College-Educated
92%
High-School Grad
8.7 sq mi
ZIP Area
92
Density / Sq Mi
$19,911
Median Earnings
$1,412
Median Rent
$472,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Similar Off Market Nearby

  • The Cove Bed & Breakfast — 21 loop rd, ocracoke, nc 27960
  • Sound Front Inn — Ocracoke, NC 27960
  • The Castle B & B on Silver Lake — 155 Silver Lake Dr, Ocracoke, NC 27960
  • Jobelle's Cottage — 135 Cedar Rd, Ocracoke, NC 27960
  • Cabanas — 750 Irvin Garrish Hwy, Ocracoke, NC 27960

Frequently Asked Questions

What type of property is this?
Motel - A separate two-bedroom cottage, salt-water pool, and owner’s quarters accompany the guest accommodations.
Where is this motel located?
The property is located at 50 & 70 Sanddollar Road Ocracoke, NC.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: 12‑unit motel with six ground‑floor rooms, five second‑floor rooms, and one efficiency apartment; Renovations completed in 2021; Separate cottage with two bedrooms, one bathroom, and front deck
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