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MLS# 93687: Many Possibilities Exist !!

25 Lighthouse Road Ocracoke, NC 27960
Lot Tr.3&4
Area: 
Type: 
: Commercial
Waterfront: 
None
Asking Price: 
850,000

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Marcia Parrott
Senior Associate Broker
Cell: 252-202-3354
Office: 888-364-9144

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.

Area
Ocracoke
Unit/Lot#
Lot Tr.3&4
Lot Description
Corner,Easement(s),Level
Lot SqFt
60000
Roof
Asphalt/Fiber Shingle
Possession
At Closing
Negotiable
Other-See Remarks
Roads
Paved
View Description:
Harbor
Taxes
$8493
Construction
Wood
Year Built
1935
Days On Market
23
Listing Agent
Martha Garrish
Listing Office
Village Realty Holdings dba Ocracoke Island Realty

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.