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MLS# 85260: 8.6% + CAP RATE!

40594 NC Highway 12 Avon, NC 27915
Lot 2
Area: 
Type: 
Restaurant: Commercial
Waterfront: 
None
Asking Price: 
529,500

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John Register
Senior Associate Broker
Cell: 252-256-0071
Office: 877-935-0224

This restaurant building is centrally located in "Downtown Avon" and is approximately 3,080 square feet. Established long term tenant "The Mad Crabber" has been in business over 20 years!! Not only do they have a loyal local following, but they are also a favorite haunt for the many tourists that visit Hatteras Island. TRUE 8% CAP RATE creating an excellent investment for the discerning buyer.

This building is well maintained and offers an open and spacious interior floor plan.

It is situated on a large 36,000/sf lot with good road visibility.

Area
Avon Soundside
Unit/Lot#
Lot 2
Lot Description
Easement(s),Level
Lot SqFt
36000
Roof
Asphalt/Fiber Shingle
Possession
Subject to Tenancy
Foundation
Piling
Roads
Paved
Public
Heating
Heat Pump
Air Conditioning
Heat Pump
Taxes
$2494.87
Construction
Frame
Parking
26-50 Spaces
Year Built
2004
Days On Market
719
Listing Agent
Bobby Harrell
Listing Office
Harrell & Associates

Data provided by Outer Banks Association of Realtors MLS. This data is intended for your personal, non-commerical use. Information is deemed reliable, but is not guaranteed. Copyright 2016 Outer Banks Association of Realtors.