Property Listing No Longer Available for Sale

500 Ocean Drive, Oak Island, NC

Hotel for Sale - $1,600,000 - 9,500 Sq. Ft.


Property Info

CIMLS#1044749
Location
  500 Ocean Drive
  Oak Island NC 28465
UpdatedFebruary 24th, 2020
TypeHotel
Price$1,600,000
Building9,500 Sq. Ft.

Property Description

Intimate beach side resort and inn for sale! This resort has is all: direct public access to the beach; a two minute walk to superb fishing on the famous Oak Island pier; a huge freshwater pool; ample paved parking; and stunning views of the ocean from every room. Local restaurants and entertainment are within walking distance and there are two public golf courses available less than 2 miles away. This well maintained motel consists of a total of 22 Pet Friendly units/suites with 37 sleeping areas within the motel. The motel is being offered along with one adjacent lot. Repeat clients and a high occupancy rate make this a perfect find on Oak Island. This motel property embodies everything tourists want on Oak Island.


Financials