316 Carolina Beach Avenue N, Carolina Beach, NC 28428
$3,775,000
Property Type:
Comm Sale or Lease
Square Footage:
7,084
Lot Size (sq. ft.):
18,731
Status:
Closed
Current Price:
$3,775,000
List Date:
2/04/2026
Last Modified:
3/26/2026
Overview
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
Listing Details MLS# 100538544
Contract Info
- Available Date
- 2025-10-28
- Delayed Marketing?
- No
- Marketing Start Date
- 2025-10-28
- Garage
- Masterlock
- Sale/Lease
- Sale
- Listing Price
- 4250000
- List Price/SqFt
- 599.94
- Stipulation of Sale
- Standard
Location Information
- Street #
- 316
- Street Name
- Carolina Beach
- Street Suffix
- Avenue
- Post Direction
- N
- County
- New Hanover
- State/Province
- NC
- Zip Code
- 28428
- City Limits
- Yes
- Marketing City
- Carolina Beach
- Subdivision
- Not In Subdivision
- Secondary Subdivision
- N/A
Remarks and Showing
- Directions to Property
- Carolina Beach Ave South, Hotel is on the Right Ocean Front
- Sign on Property
- No
Building Info
- New Construction
- No
BuildingExt Features
- SqFt - Heated (Primary)
- 7084
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
- Total Real Estate Property Taxes
- 15100.92
- Special Assessments
- none known
- Tax Year
- 2025
- Year Built
- 1967
- Zoning
- T-1
- Cobra Zone
- No
- Plat Book
- No
- Plat Page
- No
More Information
Status Change Info
- Under Contract Date
- 2026-02-06
- Sold Date
- 2026-03-24
Building/Ext Features
- Lot Acres
- 0.43
- Lot SqFt
- 18731
- Lot Dimensions
- 150x125x150x125
- SqFt - Total Available
- 4896
- Location Type
- Island
Sale/Lease Includes
- See Remarks
- Yes
Heating System Fuel Source
- Electric
- Yes
Property Features
Heating System Fuel Source:
Electric
Listing Office:
Coldwell Banker Sea Coast Advantage-CB
IDX
Last Updated: March - 26 - 2026
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