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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