$2,300,000

Step into a rare opportunity to own a renovated, turn-key, motel PLUS a separate Cottage (built in 2019) and a 12’x28’ salt-water swimming pool in the heart of Ocracoke Village! The Sand Dollar Motel is part of Ocracoke’s local history, an independent working motel where timeless 1950's charm meets modern comfort. Its walkable village location is close to restaurants, shopping, Silver Lake Harbor and just minutes from the beach. This 12-unit motel with renovated Owner’s Quarters (1 bed/1 bath, full kitchen & living area), laundry room & attached office captures the nostalgic spirit of Ocracoke while delivering the upgrades and amenities today's guests expect. The Sand Dollar Motel offers visitors a chance to experience the charm and simplicity of Ocracoke's early vacation era while enjoying a fully modernized stay. Completely renovated (2021), there are 6 ground-floor guest rooms with bright interiors featuring updated flooring, bedding and bathrooms,1 spacious efficiency apartment with kitchen, and 5 additional rooms located on the second floor (with tongue-and-groove, knotty-pine walls.) The new Sand Dollar Cottage with front deck was built in 2021 and has 2 bedrooms, 1 bathroom, vaulted ceilings, open living & dining areas, and a kitchen with stainless steel appliances and beautiful, white cabinetry. This investment opportunity is truly unique, and the business has room to grow! A great opportunity to live on Ocracoke and work for yourself- to be your own boss. It is seldom an opportunity like this becomes available on Ocracoke; don’t let it pass you by.