500 Ocean Drive Oak Island, NC 28465

$1,950,000
500 Ocean Drive, Oak Island, NC 28465
100114094

Commercial Property for sale in Oak Island, NC

for $1,950,000. This 10,392 square foot building was built in 1960 on a lot size of 145 x 147 x 144 x 181.

Property Information

  • $1,950,000
  • Commercial
  • 10,392 Square Feet
  • Hotel/Motel
  • Active
  • Lot size of 145 x 147 x 144 x 181
  • Built in 1960
  • Oak Island, NC
  • Brunswick County
  • MLS/Web ID is 100114094

Description

RARE OPPORTUNITY TO BUY A PRIME PIECE OF COMMERCIAL PROPERTY WITH AN ACTIVE MOTEL RIGHT ACROSS THE STREET FROM THE BEACH. BE A PART OF THE NEW GROWTH EXPERIENCE ON OAK ISLAND AND THE OCEAN ATMOSPHERE AMENITIES. LOCATED ON 2 LARGE LOTS WITH OCEAN VIEWS FROM ALL ROOMS. PLUS A POOL TO SWIM IN AND RELAX AROUND. NO FLOOD INSURANCE REQUIRED!

Interior 1

Heating System

  • Radiant

Exterior 4

Driveway

  • Paved Driveway

Exterior

  • Pool

Parking

  • On Site Parking

Road Frontage

  • Community Owned/Maintained
  • Paved
  • Public Road

Miscellaneous 2

Commercial

  • Fire System
  • Sale Includes Furniture

Location

  • Freestanding

Rental 1

Lease Terms

  • Includes Buildings
  • Includes Equipment
  • Includes Fixtures

† Excluded Feature

Listed By

Listing Agent: Lynda T Haraway
Broker: LYNDA HARAWAY GROUP, INC.

500 Ocean Drive, Oak Island, NC, 28465 is a Commercial Property for sale at $1,950,000 with 10,392 sqft and a lot size of 145 x 147 x 144 x 181. 500 Ocean Drive has 0.0 baths and was built in 1960. The property's zip code is 28465 which is in Oak Island, NC

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Market Pricing

Average % of sale price Median % of sale price
All listings in Oak Island $355,805 82 % below $294,900 85 % below
Commerical listings in Oak Island $868,000 55 % below $329,000 83 % below

Get the facts about Oak Island, NC!

Population 7,421
Population Growth (since 2000) 9 %
Median Income $48,781
Median Age 54.86
Households w/ Children 17 %

Residential Dwellings

  • Owned 2523
  • Vacant 4703
  • Rented 1001

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