You are here

785 Irvin Garrish Highway Ocracoke, NC 27960 - MLS# 108829

Type: COMMERCIAL/INDUSTRIAL - Hotel / Motel
Year Built:  1974
Area:  Ocracoke
Location:  None
Asking Price:  $4,500,000
Original Price:  $4,500,000

VERY SUCCESSFUL MOTEL, IN LIKE NEW CONDITION. The motel has been operated by the same family since the 1970's. With repeat clientele in the summer season, governmental and sportsmen in the winter months, the motel has consistent income and profits. With a wide variety of accommodations from single rooms to efficiencies and even a cottage, along with a very nice pool, the occupancy rates are excellent.

All the rooms are non-smoking, with telephones, Wifi, A/C, refrigerators, microwaves, cable TV, and hair dryers, and expansive marsh and distant ocean views form the newer three story wing. The original wing of the motel is nestled among the red cedars and live oaks, with picnic tables, and grilling areas.. The is also plenty of room for boat parking on the spacious grounds. This is an exception opportunity for the astute, discerning owner/operator.

Lot Description
  • Corner
  • Level
Possession
  • At Closing
Listed On
  • 2020-03-19
Heating
  • Wall Unit(s)
Air Conditioning
  • Wall Unit(s)
Construction
  • Frame
  • Wood
Roof
  • Asphalt/Fiber Shingle
  • Metal
Roads
  • Paved
  • Public
Parking
  • 26-50 Spaces
  • Parking Lot
  • Paved
  • Off Street
  • Unpaved
Agent Name
Bobby Harrell
Office
Harrell & Associates