3,100 SqFt
3,100 SqFt
Key Details
Property Type Multi-Family, Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,100 sqft
Price per Sqft $403
MLS Listing ID 100608441
Style Wood Frame
Year Built 1937
Lot Size 6,250 Sqft
Acres 0.14
Lot Dimensions 125x50x125x50
Property Sub-Type Multi Family
Source Hive MLS
Property Description
Currently configured as a six-unit motel, the property includes two owner-occupied units and four income-producing vacation rentals. Total rental income projections of six figures. It has been continuously well maintained, with a new roof installed in 2025, refurbished decks, and Hardie fiber cement siding added in 2019.
With 100 feet of road front, T-1 zoning supports a wide range of potential uses and new construction options, including single-family homes, two-family dwellings, multifamily dwellings, townhomes, condominiums, apartments, commercial or tourist-oriented structures, hotels, motels, and restaurants. Whether envisioned as a primary residence, vacation retreat, rental-income property, commercial enterprise, or long-term investment, this site offers outstanding possibilities.
Enjoy easy access to the Carolina Beach Boardwalk, Lake Park, shopping, dining, entertainment, and some of the island's best-known attractions. From the expansive decks, take in ocean sunrises, fresh ocean breezes, and unwind with sunset views over Carolina Beach Lake Park.
Ask the listing agent about special financing options available through the preferred lender. Opportunities of this caliber are seldom available - schedule your showing today and explore the potential of this exceptional Carolina Beach property.
Location
State NC
County New Hanover
Community Other
Zoning T-1
Direction US-421 to Carolina Beach. Property is a half block past Carolina Beach Lake Park and across the street from The Veggie Wagon Island Market. Property is on the left. This property has two street fronts. 616 Carolina Beach Ave, S, Carolina Beach, NC and 619 Lake Park Blvd. S, Carolina Beach, NC.
Location Details Island
Interior
Heating Wall Furnace, Electric
Cooling Wall/Window Unit(s)
Flooring LVT/LVP, Tile
Exterior
Parking Features Parking Lot, Attached, Off Street, On Site, Paved
Utilities Available Electricity Connected, Cable High Speed, Sewer Connected, Water Connected
Waterfront Description Second Row
View Lake, Ocean, Water
Roof Type Architectural Shingle
Garage No
Building
Lot Description Ocean Side, Second Row, Recreation Nearby, Rectangular Lot, Shopping Nearby
Foundation Slab
Water Public
New Construction No
Others
Tax ID R09010-017-008
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Special Listing Condition Standard
Schools and Properties Nearby
Find out why customers are choosing LPT Realty to meet their real estate needs