4 N Lake Park Boulevard, Carolina Beach, NC 28428

$1,475,000
Property Type: Comm Sale or Lease Square Footage: 4,050 Lot Size (sq. ft.): 12,035 Status: Closed
Current Price: $1,475,000 List Date: 4/18/2022 Last Modified: 6/06/2022

Description

Quaint Historic Motel in the Heart of Carolina Beach near the boardwalk. The Wanda Inn Motel has been a staple at Carolina Beach since 1938. This a prime location and opportunity for a Buyer.

More Information MLS# 100323029

Building/Ext Features

# of Units: 14 Lot Acres: 0.28 Lot SqFt: 12035 Lot Dimensions: Each parcel: 81x50; 10x56; 50x99; 25x99 SqFt - Total Available: 3744 Location Type: Island

Contract Info

Delayed Marketing?: Yes Sub-Type: Improved Garage: N/A Space: Yes Sale/Lease: Sale Auction: No List Price/SqFt: 370.37 Stipulation of Sale: Standard Status: Closed Marketing Start Date: 2022-04-15 Listing Price: 1500000 Current Price: $1,475,000

Location Information

City Limits: Yes Marketing City: Carolina Beach Secondary Subdivision: N/A Street #: 4 Pre Direction: N Street Name: Lake Park Street Suffix: Boulevard County: New Hanover State/Province: NC Zip Code: 28428 Subdivision: Heart of Carolina Beach Geo Lat: 34.033881 Geo Lon: -77.893792

Remarks and Showing

Sign on Property: No Directions to Property: From intersection of College Road and Carolina Beach Rd take 421 South towards Carolina Beach. Keep straight over Snows Cut Bridge. Carolina Beach Rd/421 S will become Lake Blvd N. Motel is on the left just after the Raleigh Avenue intersection directly across the street from Truist Bank.

Building Info

New Construction: No

Legal and Taxes

Tax Assessed Value: 477300 Deed Book: 4877 Deed Page: 1987 Legal: See attached Exhibit A Broker Owner: No PID: R09006-020-002-000 Tax Identifier: R09006-020-002-000 Plat Book: 3 Plat Page: 23 Total Real Estate Property Taxes: 3293.37 Special Assessments: None Known Tax Year: 2021 Zoning: CBD HOA: No Cobra Zone: No Year Built: 1938

Business Type

Hotel/Motel: 1

Current Service Providers

Electric Provider: Duke Progress Energy

Terms

Cash: 1

Parking Features

Off Street: 1 On Site: 1 Private: 1 Unpaved: 1

Sale/Lease Includes

Buildings: 1 Business: 1 Equipment: 1 Fixtures: 1 Furniture: 1 Land: 1 Licenses/Permits: 1

Road Type/Frontage

4+ Lanes: 1 Maintained: 1 Paved: 1

Heating System Fuel Source

Electric: 1

Utilities

Water Available: 1

Water Source

Municipal Water: 1

Sewer

Municipal Sewer: 1

BuildingExt Features

SqFt - Heated (Primary): 4050

Status Change Info

Under Contract Date: 2022-04-16 Sold Price: $1,475,000 Sold Date: 2022-06-03

Property Features

Business Type: Hotel/Motel Parking Features: Off Street; On Site; Private; Unpaved Heating System Fuel Source: Electric Utilities: Water Available Sewer: Municipal Sewer Water Source: Municipal Water Terms: Cash
Listing Office: Berkshire Hathaway HomeServices Carolina Premier Properties
IDX
Last Updated: June - 06 - 2022
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