Welcome to Mermaid Manor. An 8 bedroom oceanfront hotel, circa 1950's, located in the heart of the Carolina Beach business district.
This is an opportunity to purchase a prime commercial real estate development opportunity, within 150 feet of the planned boarwalk extension. The property is adjacent to a undeveloped tract of land with 150 feet of oceanfront frontage, which is currently listed and also zoned residential. Seller also has a vacant lot across street at 306 Canal Drive available for purchase for $295,000.
Owner financing available with 50% deposit.
Hotel comes fully furnished. Furniture and fixtures to convey to buyer at closing.
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