Property Images: 
MLS# 112828: Family-owned motel in Buxton
Asking Price: 
449,000
Subdivision: 
Tower Beach
Unit/Lot #: 
Lot 15 & 16
46239 Old Lighthouse Rd. Buxton, NC 27920
Lot 15 & 16
Waterfront: 
Oceanside
Area: 
Buxton

Information

The Tower Circle Motel is a Hatteras Island classic! Built in the 1950s it has hosted beachgoers and fishermen for over 50 years. When the current owners purchased it they completely renovated the building. They replaced all of the wiring and plumbing.

Two years ago they replaced the septic drain fields.

Most of the roof has been replaced in the last couple of years. The motel has eleven rooms and an office. The property also includes an easement to a small building in the back that houses the hot water heaters for the motel.

Four of the rooms are efficiencies with full kitchens (stove, full size frig. and microwave) and a table and chairs. The remaining rooms contain a small frig., microwave and a coffee maker.

This business is perfect for a person or couple who want to move to the beach!

Area
Buxton Oceanside
Subdivision
Tower Beach
Unit/Lot#
Lot 15 & 16
Waterfront
More than 5th row
Waterfront Location
More than 5th row
Lot Description
Level
Lot SqFt
13440
Roof
Asphalt/Fiber Shingle
Possession
At Closing
Foundation
Masonry
Heating
None
Air Conditioning
Window Unit(s)
Taxes
$2803
Construction
Masonry
Parking
1-25 Spaces
Year Built
1957
Days On Market
171
Listing Agent
Margaret Hughes
Listing Office
Dockside Properties

Request More Information

Dru Ferrence
Senior Associate Broker
Cell: 252-256-2913

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