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MLS# 90572: LIVE THE DREAM!

6806 S Virginia Dare Trail Nags Head, NC 27959
Lot4,5,14,15
Area: 
Type: 
Restaurant: Commercial
Waterfront: 
Oceanside
Asking Price: 
845,000

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Jessica Evans
Senior Associate Broker
Office: 888-976-4340
Cell: 252-305-0629

Always thought of running your own restaurant on the Outer Banks . . . it's time to LIVE THE DREAM! South Beach Grille offers a great Beach Road location but can also be seen and accessed from the busy Bypass . . . truly the best of both worlds! Located in the historic Whalebone Beach area of Nags Head near Jeanette's Pier, Tangier Outlet, Outer Banks Mall and much more. Across the street from the ocean and within walking distance from many local hotels, motels, beach cottages, and retail establishments and an easy drive from South Nags Head, Manteo and the northern towns of Kill Devil Hills and Kitty Hawk.

This successful 120+ seat turn-key restaurant has it all: Multiple dining and/or banquet rooms, cozy bar, gift shop, and a new second level covered deck with ocean and sound views!! In season you'll find a dedicated following of locals and visitors alike enjoying live music, cocktails, sunsets, and great food in a casual atmosphere. The large, well equipped commercial kitchen is set up and ready to roll and includes a walk-in fridge, walk-in freezer (3 years old), gas stove/oven/grill, hood, dishwasher and more! Many recent interior upgrades as well to include new flooring, windows, insulation, duct work, ceilings, electrical wiring and Ansell system.

Everything conveys except some personal art and items in the gifts shop. Covered outside deck seating (40+) with views of ocean & sound, 56 parking spaces accessed from both bypass and beach road offers easy ingress and egress . . . this restaurant has it all! After 26 years in the business the owners are ready to retire and the opportunity is all yours! The restaurant produces $700,000-$800,000 in gross income and the current owners opted to not cater to the late night bar/music crowds and to close on Sundays . . . leaving you with LOTS of growth potential.

This sale offering includes the land, building, business, equipment, furnishings, d├ęcor, and goodwill for less than the tax value on the building/land alone. Running a restaurant not your thing? This prime commercial tract of real estate consists of 4 commercially zoned lots totaling over an acre with 100+ feet of road frontage on BOTH Croatan Highway AND Virginia Dare Trail! C2-General Commercial District Zoning allows office, retail, service establishments, single family, duplex, B&B's to name a few . . . plus many, many more under conditional usage.

Area
Nags Head between hwys
Subdivision
Whalebone Bchs
Unit/Lot#
Lot4
5
14
15
Waterfront
Semi-Oceanfront (2nd row)
Waterfront Location
Semi-Oceanfront (2nd row)
Lot Description
Level
Lot SqFt
44500
Roof
Asphalt/Fiber Shingle
Possession
At Closing
Foundation
Slab
Roads
Paved
Public
Heating
Central
Electric
Heat Pump
Air Conditioning
Central
Heat Pump
View Description:
Ocean
Sound
Taxes
$6687.02
Construction
Block
Wood
Parking
26-50 Spaces
Parking Lot
Paved
Off Street
Year Built
1954
Days On Market
330
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.