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Six-Unit Motel with Refurbished Decks

616 Carolina Beach Avenue South, Carolina Beach, NC 28428

For Sale
Contact for pricing

T-1 zoning allows a range of residential, lodging, and commercial development options.

Property SizeContact for details
Days on Market35

Property Features for 616 Carolina Beach Avenue South

General Information

Standard status Active
Property subtype Multifamily, Hospitality, Business for Sale
Zoning T-1

Additional Details

Road Access Yes
Currently Operating Yes
Listing Agency: Coastal Properties
Listed By: Greg Lindsay · License NC #264453
Source: Crexi
Added: Oct 7 Changed: Nov 9 Last Checked: Nov 9 at 1:49PM

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 Coastal Properties

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Investment Insights

Based on property information with market context.

Configured as a six-unit motel, the property includes two owner-occupied units and four vacation rentals. Refurbished decks, a roof installed in 2025, and Hardie fiber cement siding added in 2019 are among its improvements. The site has 100 feet of road frontage and frontage on both sides of the property; two public beach access points are on the same block.

The property sits between the Atlantic Ocean and Carolina Beach Lake Park, with the Carolina Beach Boardwalk, shopping, dining, and entertainment also identified nearby. T-1 zoning supports a range of uses, including single- and two-family homes, multifamily housing, townhomes, condominiums, apartments, hotels, motels, restaurants, and other commercial or tourist-oriented structures.

Key Highlights

  • Six‑unit motel with two owner‑occupied units and four vacation rentals
  • 100 feet of road frontage and frontage on both sides of the property
  • Two public beach access points on the same block

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Motels

Suggested Use

Top Pick Law Firm Hair Salon Building Supply Auto Parts Store Electrical Service Auto Repair Shop

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

712
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
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

Similar Off Market Nearby

  • Sea The Good — 200 Lake Park Blvd S APT 1C, Carolina Beach, NC 28428
  • Dry Dock Inn — 300 Lake Park Blvd S, Carolina Beach, NC 28428
  • My Carolina Beach House — 405 Cape Fear Blvd, Carolina Beach, NC 28428
  • Carolina Beach Motel — 213 Raleigh Ave, Carolina Beach, NC 28428
  • Carolina Beach Inn — 205 Harper Ave, Carolina Beach, NC 28428

Frequently Asked Questions

What type of property is this?
Motel - T-1 zoning allows a range of residential, lodging, and commercial development options.
Where is this motel located?
The property is located at 616 Carolina Beach Avenue South Carolina Beach, NC.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Six‑unit motel with two owner‑occupied units and four vacation rentals; 100 feet of road frontage and frontage on both sides of the property; Two public beach access points on the same block
(910) 622-5835 Call to check price and availability
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