This is a unique chance to acquire a thriving hospitality property right at the beach. The 62-unit Pirates Cove Hotel, along with the well-known Lazy Pirate Restaurant, are now on the market, offering a rare opportunity to invest in Carolina Beach.
Property Details
Pirates Cove Hotel and the Lazy Pirate Restaurant are located on the same tax parcel in the heart of Carolina Beach, just a short walk from the beach and boardwalk. The property covers approximately 1.8 acres and consists of two buildings with three floors. Pirates Cove enjoys high visibility on Lake Park Blvd (HWY 421), making it a prime spot for travelers. The Lazy Pirate Restaurant is a huge indoor/outdoor tiki bar & restaurant, and one of the most well-known entertainment venues on Carolina Beach. The property is zoned C, primarily for hospitality use, making it an excellent investment for those in the hospitality industry.
About the Area
Carolina Beach is part of New Hanover County and is a popular coastal destination, attracting tourists year-round. The hotel and restaurant benefit from their proximity to local attractions like the beach, boardwalk, and other entertainment options. The area’s steady flow of visitors ensures consistent business, making this property an attractive investment.
For more information or to schedule a tour, contact Hansen Matthews today. This property won’t stay on the market for long!