204 Turner St Beaufort, NC 28516
- Motels
- 3,132 SF
- 0.28 lot acres
Current Use by Public Records
- Motels
Property Details for 204 Turner St
- Year built
- 1845
- Lot size
- 0.28 lot acres
- Property size
- 3,132 SF
- Property type
- Motels
- APN
- 730617107777000
Description
Prime Beaufort, NC investment opportunity: a 3,132 sq ft motel on a 0.28-acre lot (APN 730617107777000) at 204 Turner St, zip code 28516. This property, zoned TR - Transitional District, boasts a historic Masonic Lodge built in 1845. Currently priced at $1,690,000 ($539.59/sq ft), it presents a unique coastal development opportunity. The seller is providing permit-ready architectural plans for a proposed 21-room boutique hotel, along with all intellectual property, including branding, URLs, and social media handles. The property's walkability to Beaufort's thriving downtown area ensures strong potential for success. Further details, including a survey, proforma, and zoning letter, are available at the provided link. This offering represents a rare chance to acquire a piece of Beaufort's rich history and capitalize on its burgeoning growth. The property's location and included assets make it an exceptional investment for those seeking a high-return venture in a desirable coastal setting.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Beaufort
- County
- Carteret
- State
- North Carolina
- Longitude
- -76.664336
- Latitude
- 34.7187779
