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MLS# 93039: Soundfront Heart of Duck

1184 Duck Road Duck, NC 27949
Area: 
Type: 
Office: Commercial
Waterfront: 
Soundfront
Asking Price: 
1,249,500

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Matt Myatt
Senior Associate Broker
Cell: 252-207-6588
Office: 888-976-2619

Don't miss this rare opportunity to own a commercial sound front building with pier in the heart of Duck. This building is centrally located with high pedestrian traffic from the street side as well as the sound front boardwalk which is ideal for any retail or professional business. The first level includes a large reception area, 5 offices, conference room, a full bathroom and one half bath, kitchenette, sound front covered porch, large storage shed and plenty of parking. The second level includes 2 lager offices with separate entrance and a half bath.

Enjoy the 185 foot pier with gazebo which may be used as a water sport business to supplement rental income subject to Town zoning. This sale is subject to an existing lease agreement until the end of 2018. Rental income is $60,000 per year with the current tenant paying taxes, insurance and utilities. That is a 4.8% ROI not including depreciation which will increase the ROI to over 6% Possible financing available.

Area
Duck Westside
Waterfront
Soundfront
Waterfront Location
Soundfront
Lot Description
Bulkheaded,Water Frontage
Lot SqFt
15500
Roof
Asphalt/Fiber Shingle
Possession
Subject to Tenancy
Foundation
Piling
Heating
Central
Heat Pump
Zoned
Air Conditioning
Central
Zoned
View Description:
Sound
Taxes
$3704
Construction
Frame
Parking
1-25 Spaces
Days On Market
78
Listing Agent
Paul Glenn
Listing Office
Coastal Realty & Construction

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.