One of the oldest properties on the island that operated as a 16 room Inn & retail space (retail space was formerly a full-service restaurant). No value was given to the motel as it is in a state of disrepair and either needs a complete renovation or to be removed and the land redeveloped. The potential of this large corner lot in the heart of the village (Lighthouse Rd. & Irvin Garrish Hwy 12) is great and motivating. The land size (60,000 sf. including property across the street), septic capability, currently 15 installed water impact units, and its location at TWO of the island's most traveled roads allows for many possibilities.
Owner financing may be an option for qualified clients.
At Closing Negotiable Other-See Remarks
Days On Market
Village Realty Holdings dba Ocracoke Island Realty
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