512 N Howe Street
Southport, NC, 28461 $ 3,000,000
Bedrooms-- Baths-- Monthly Estimate*
$ 20,720
for $3,000,000. This building was built in 1950 on a lot size of 0.54.
PRIME DOWNTOWN SOUTHPORT | 0.54 ACRES | 16 RENOVATED GUEST ACCOMMODATIONS | ESTABLISHED BOUTIQUE INN & INCOME-PRODUCING COMMERCIAL SPACE A distinctive investment opportunity in historic downtown Southport! Originally established in the 1950s as the Southport Motel and later known as The Inn at River Oaks, today's The Inn at Southport combines the nostalgic character of a classic coastal motor-court inn with extensive capital improvements, an established hospitality business, and a generous 0.54-acre parcel along North Howe Street. Just five blocks from the Cape Fear River waterfront, the property enjoys a prime downtown location within walking distance of Southport's celebrated restaurants, boutique shopping, galleries, and historic attractions. Its expansive footprint, mature trees, and inviting grounds provide an uncommon sense of space in this sought-after coastal setting. The property features 16 guest accommodations, all of which have undergone renovations and updates under current ownership, including the Southport Suite with its beautifully renovated full kitchen. A hotel office and separate street-front commercial space complete the property's versatile layout. At the center of the Inn, a picturesque courtyard features updated stone pavers, a gas fire pit, porch swings, rocking chairs, and welcoming outdoor gathering areas that enhance the guest experience. Significant property-wide capital improvements include new metal roofing across all buildings, upgraded PEX plumbing, propane-powered tankless water heaters, individual guest room mini-split heating and cooling systems, bathroom renovations, updated flooring, interior painting, and substantial furnishings and equipment upgrades. These investments have modernized essential building systems and enhanced guest accommodations while preserving the property's historic character. Beyond the physical improvements, the Inn offers an established, technology-enabled hospitality operation designed for efficient remote management and reduced on-site staffing requirements. Integrated systems support online reservations, automated guest communications, contactless check-in, electronic guest access, and remote operational oversight. This streamlined operating model allows routine guest services and administrative functions to be managed without a continuously staffed front desk, offering operational flexibility and opportunities for cost-efficient management under future ownership. Adding to the property's investment appeal is a separate street-front commercial space at 514 N. Howe Street, included on the same tax parcel as the Inn. Currently occupied by a real estate office with a lease extending through December 2027, the space provides an additional rental income stream independent of hotel operations. Originally a diner in the 1950s, it has accommodated a variety of businesses over the decades. The established hospitality business, including its branding, furnishings, and operating assets, is included in the offering, providing prospective ownership with an existing business and operational infrastructure rather than a property requiring an entirely new hospitality concept. Rich in history, extensively improved, and exceptionally positioned, The Inn at Southport presents a compelling opportunity to acquire an established boutique hospitality business with multiple income sources, streamlined operations, and a substantial downtown parcel in one of North Carolina's most beloved coastal communities.
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FeaturesGeneralHeating Electric Forced Air
Utilities Electricity Connected
Possession Close Of Escrow At Closing
Roof Metal
Appliances Tankless Water Heater
Zoning SP-BD
Construction Materials Block
Year Built 1950
Tax Year 2026
Current Use Hotel/Motel HotelMotel
Taxes 6076.1
Parcel Number 237ef017
Business Type Commercial Hotel/Motel
Waterfront Features None
County Brunswick
New Construction N
Property Type Commercial Sale
In City Limits? (Y/N) Y
HOA N
Attached Garage N
Subdivision Name Not In Subdivision
Garage Y/N N
Status Active
Directions 512 N Howe Street
City Southport
Number Of Units Total 0
Lot Size Units Acres
Lot Size Square Feet 23522.0
Carport Y/N N
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Considered Y/N N
Virtual Tour https://listings.lighthousevisuals.com/sites/rlxyxajz/unbranded
Standard Status Active
Tax Assessed Value 733540
Legal Description L-155.50X132.10 IRR NC 211
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InteriorBasement None
Water Heater Propane
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Total Baths 0
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ExteriorExterior Finish Block
Lot Size Area 0.54
Foundation Details Slab
Spa N
Building Area Total 4720.0
Lot Dimensions See Plat
Lot Size Acres 0.54
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
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* Excluded FeaturesList ByCarolina Coastal GroupListing Agent
burt@carolinacoastalgroup.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $20,720
- Monthly Property Taxes
- $506
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Southport, NC
Average List Price $1,293,783
Percent of Sale Price 57%
About Southport, NC 3,713 Population
46% Since 2002
$ 60,669 Median Income
54.39 Median Age
21% Households with Children
Trends Information provided by ATTOM Data Solutions.
3960720 Elementary School
3960847 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/11/2026 | $3,000,000 | | Listed Price |