316 Carolina Beach Avenue N, Carolina Beach, NC 28428 (MLS# 100538544)

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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