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316 Carolina Beach Avenue N, Carolina Beach, NC 28428
$4,500,000
Property Type:
Comm Sale or Lease
Square Footage:
7,084
Lot Size (sq. ft.):
18,731
Status:
Active
Current Price:
$4,500,000
List Date:
10/29/2025
Last Modified:
10/29/2025
Description
Pleased to Offer The Savannah Inn Oceanfront Motel - Carolina Beach, NC
A Rare Oceanfront Investment Opportunity
Presenting a unique opportunity to acquire The Savannah Inn, a well-established oceanfront motel located in the heart of Carolina Beach, one of North Carolina's most dynamic and growing coastal markets. This family-operated business has been a beloved destination for years, boasting a strong repeat clientele and exceptional visibility.
Perfectly situated on three oceanfront lots, The Savannah Inn offers unmatched proximity—just steps from the Carolina Beach Boardwalk and the lively Downtown District—ensuring year-round appeal to vacationers and repeat guests alike.
Property Highlights
22 Fully Renovated Rooms - Complete renovation in 2019, each featuring kitchenettes and modern finishes
Prime Oceanfront Location - Direct beach access and stunning views
Large Oceanfront Pool - A premier amenity for guests
On-Site Tiki Bar - Excellent opportunity to expand revenue streams
Outstanding Walkability - Just steps from restaurants, shopping, and entertainment
Established Brand & Loyal Clientele - Strong occupancy and repeat business
Turnkey Operation - Ideal for investors seeking immediate cash flow and long-term upside
Investment Overview
The Savannah Inn represents a turnkey coastal hospitality investment with significant upside potential. With all major capital improvements completed in 2019, investors can focus on revenue growth through expanded food & beverage operations or potential redevelopment opportunities in this high-demand beachfront corridor.
Full financials and additional details available to qualified buyers upon execution of a Non-Disclosure Agreement (NDA). Seller Financing Possibility
More Information MLS# 100538544
Building/Ext Features
Lot Acres: 0.43
Lot SqFt: 18731
Lot Dimensions: 150x125x150x125
SqFt - Total Available: 4896
Location Type: Island
Contract Info
Available Date: 2025-10-28
Delayed Marketing?: No
Garage: Masterlock
Sale/Lease: Sale
List Price/SqFt: 635.23
Stipulation of Sale: Standard
Status: Active
Marketing Start Date: 2025-10-28
Listing Price: 4500000
Current Price: $4,500,000
Location Information
City Limits: Yes
Marketing City: Carolina Beach
Secondary Subdivision: N/A
Street #: 316
Street Name: Carolina Beach
Street Suffix: Avenue
Post Direction: N
County: New Hanover
State/Province: NC
Zip Code: 28428
Subdivision: Not In Subdivision
Geo Lat: 34.037384
Geo Lon: -77.890415
Remarks and Showing
Sign on Property: No
Directions to Property: Carolina Beach Ave South,
Hotel is on the Right Ocean Front
Building Info
New Construction: No
Legal and Taxes
Tax Assessed Value: 3373000
Deed Book: 5720
Deed Page: 2541
Legal: LOTS 7-9 BLK 3 CAROLINA BEACH
Broker Owner: No
PID: R08819-006-002-000
Tax Identifier: R08819-006-002-000
Plat Book: 0
Plat Page: 0
Total Real Estate Property Taxes: 15100.92
Special Assessments: none known
Tax Year: 2025
Zoning: T-1
Cobra Zone: No
Year Built: 1967
Sale/Lease Includes
See Remarks: 1
Heating System Fuel Source
Electric: 1
BuildingExt Features
SqFt - Heated (Primary): 7084
Property Features
Heating System Fuel Source: Electric
Listing Office:
Coldwell Banker Sea Coast Advantage-CB
IDX
Last Updated: October - 29 - 2025
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