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7531 S Virginia Dare Trail , Unit 1-3

Nags Head, NC 27959
  • $3,750,000
  • STATUS: Closed
  • ON SITE: 44 Days
  • MLS #: 119520
Sold - 07/29/2022
$3,750,000
SOLD - 07/29/2022
  • 0
    BEDS
  • 1.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1981
County:

School Ratings & Info

Description

NAGS HEAD WATERFRONT SHOPS COMMERCIAL PROPERTY FOR SALE! LOCATED ON THE NAGS HEAD CAUSEWAY. ZONED G C-2. Broad mixed use of commercial properties. A total of 17 individually deeded parcel units and 14 FULLY LEASED. 3 STUDIO APARTMENTS ready for nightly, weekly or short term stays A few units are combined. 2 Restaurants, Brewery Tasting Room, Bakery, Ice Cream Shop, Cookie Shop, Gift Shop. 3 STUDIO Short Term Rentals and Office that could be used for management of the complex. Its current use is a Real Estate office with two separate offices and kitchenette. Each unit has beautiful sound views of the Roanoke Sound. 315 of road frontage, 316 sound side waterfrontage with 150 of dockable boat or jet ski tie up. 17,000 sq. ft of common area decking with indoor and outdoor seating for all units an estimated 400 seating inside and common area. Come by boat, tie up and enjoy a beer or wine tasting, Pizza, Breakfast or Lunch. There is plenty of off street parking. This high traffic location sits between Tale of The Whale fine dining restaurant to the west and next door to Kitty Hawk Kites Watersports. Leases are on a short term to preserve the new owners choice of opening their own restaurant or extend the current leases long term. The possibilities are endless with this commercial property to include watersports, boat rentals, etc Best commercial location and view on the Outer Banks! Call the listing agent for more details and to schedule an appointment.

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© 2022 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 OBX Life, LLC. Data last updated: 2022-08-14T16:37:45.957.
www.obxliferealty.com/homes/130443529
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7531 S Virginia Dare Trail , Unit 1-3 Nags Head, NC 27959

  • Price: $3,975,000
  • Status: Closed
  • On Site: 44 Days
  • Updated: 41 min ago
  • MLS #: 119520
0
Beds
0
Baths
0
½ Baths
1.16
Acres
1981
Built
Neighborhood:
Caribbean Corners Center Condo
County:
Dare
Area:
Nags Head Westside
Property Description
NAGS HEAD WATERFRONT SHOPS COMMERCIAL PROPERTY FOR SALE! LOCATED ON THE NAGS HEAD CAUSEWAY. ZONED G C-2. Broad mixed use of commercial properties. A total of 17 individually deeded parcel units and 14 FULLY LEASED. 3 STUDIO APARTMENTS ready for nightly, weekly or short term stays A few units are combined. 2 Restaurants, Brewery Tasting Room, Bakery, Ice Cream Shop, Cookie Shop, Gift Shop. 3 STUDIO Short Term Rentals and Office that could be used for management of the complex. Its current use is a Real Estate office with two separate offices and kitchenette. Each unit has beautiful sound views of the Roanoke Sound. 315 of road frontage, 316 sound side waterfrontage with 150 of dockable boat or jet ski tie up. 17,000 sq. ft of common area decking with indoor and outdoor seating for all units an estimated 400 seating inside and common area. Come by boat, tie up and enjoy a beer or wine tasting, Pizza, Breakfast or Lunch. There is plenty of off street parking. This high traffic location sits between Tale of The Whale fine dining restaurant to the west and next door to Kitty Hawk Kites Watersports. Leases are on a short term to preserve the new owners choice of opening their own restaurant or extend the current leases long term. The possibilities are endless with this commercial property to include watersports, boat rentals, etc Best commercial location and view on the Outer Banks! Call the listing agent for more details and to schedule an appointment.
Exterior Features

Construction FrameWood Foundation Piling Lot Description BulkheadedCommon AreaLevelWater Frontage Parking Garage 51-100 SpacesOff StreetParking Lot Roof Asphalt/Fiber Shingle Street Frontage 316 View Description Salt MarshSound Water Frontage 316 Waterfront Location Soundfront

Interior Features

Air Conditioning CentralHeat Pump Heating CentralHeat Pump

Property Features

Bank Owned YN No Business Name Caribbeans Corner Center Business Or Real Estate Bldg/Land Simple Commercial Features Grade LoadingHandicap FeaturesLiving QuartersSmoke AlarmWaterfront LoadingBillboard Commercial Type Multi Unit Current Use RestaurantsRetail Documents On File Restictive Covenants Estimated Income 336225 Financing Options CashCommercialOwner Finance 1st Flood Zone Ae Full Subdivision Name Carribbean Corners Center Condo Gross Income Range $200001 - $400000 Percent Of Units Leased 17 Permitted Use C-2 Broad Range Mix Uses Possession At ClosingSubject To Tenancy Potential Short Sale No Property Features DumpsterOutside StoragePole Sign Sewer Septic Private Septic Tax Year 2021 Taxes 6829.43 Tenant Pays ElectricOther-See RemarksWater Water Municipal Water Zoning G C-2

Listing courtesy of Keith Baer of Outer Banks Realty Solutions: 252-261-9003.


© 2022 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 OBX Life, LLC. Data last updated: 2022-08-14T16:37:45.957.
 
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6345 N. Croatan Hwy. Suite 100
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