785 Irvin Garrish Highway

    Ocracoke, NC 27960
    • $4,500,000
    • STATUS: Active
    • ON SITE: 10 days
    • MLS #: 108829
    $4,500,000
    • 0
      BEDS
    • 2.48
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1974
    County:
    Area:

    School Ratings & Info

    Description

    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.

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    © 2020 Outer Banks Association of Realtors MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Hatteras Realty. Data last updated: 2020-03-29T23:37:36.22.
    www.hatterasre.com/homes/104318170

    785 Irvin Garrish Highway Ocracoke, NC 27960

    • Price: $4,500,000
    • Status: Active
    • MLS #: 108829
    0
    Beds
    0
    Baths
    0
    ½ Baths
    2.48
    Acres
    1974
    Built
    Neighborhood:
    Ocracoke
    County:
    Hyde
    Area:
    Ocracoke
    Property Description
    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.
    Exterior Features

    Construction FrameWood Foundation Masonry Lot Description CornerLevel Lot Faces E Parking Garage 26-50 SpacesParking LotPavedOff StreetUnpaved Roads PavedPublic Roof Asphalt/Fiber ShingleMetal Street Frontage 1343 Waterfront Location None

    Interior Features

    Air Conditioning Wall Unit(S) Floor Covering CarpetCeramic TileTileVinyl Heating Wall Unit(S) Hotel Motel Sq Ft 15048 Insulation Yes Living Quarters Sq Ft 1708 Office Sq Ft 616

    Property Features

    Bank Owned YN No Business Name Pony Island Motel & Cotta Business Or Real Estate Bus/ Bldg/ Lf Simple Commercial Features Handicap FeaturesInventory ConveyLiving QuartersOutdoor Pool Commercial Type Hotel / Motel Current Use Motel Documents On File As-Built SurveyLand Survey Financing Options CashCommercial Flood Zone Ae Gross Income Range Call Agent Possession At Closing Potential Short Sale No Property Features Pole SignStorage Building Sewer Septic Private Septic Tax Year 2018 Taxes 21465.78 Water Municipal Water Zoning Motel

    Listing courtesy of Bobby Harrell of Harrell & Associates.


    © 2020 Outer Banks Association of Realtors MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Hatteras Realty. Data last updated: 2020-03-29T23:37:36.22.
     
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    Avon NC, 27915