Commercial

7531 Virginia Dare Trail S, Nags Head

$5,000,000.00

  • Listing ID #: 132517
  • Status: Active
  • Address: 7531 Virginia Dare Trail S, Nags Head, NC 27959-9990
  • Date Listed: 4/14/2026
  • Days on Market: 81
  • Acres: 1.16
  • Stipulations: No
  • Subdivision: Caribbean Corners Center Condo

Location Location

Agent Comments Agent Comments
Introducing Nags Head Waterfront Shops at Caribbean Corners, a rare soundfront commercial assemblage along the iconic Virginia Dare Trail Causeway of Nags Head. Comprising of 17 unit parcels with direct waterfront exposure and boardwalk access. With over 300 +- indoor/outdoor seating, this property represents a unique opportunity to control a prominent stretch of the Roanoke Sound Waterfront within one of the Outer Banks’ most recognizable corridors. The setting defines the property—expansive sunset views, walkable waterfront access, and a vibrant, destination-oriented atmosphere where visitors gather to dine, shop, and experience the coastal lifestyle. Guests can enjoy a meal or a casual drink while gathering for ice cream, all framed by unobstructed views over the Roanoke Sound, creating a destination enviroment that drives consistent visitor activity and repeat traffic. A distinctive waterfront setting not easily replicated along the Outer Banks. The property is improved with a diverse mix of established tenants including restaurants with indoor/outdoor seating, retail, brewery tasting room, ice cream shop and office suites, providing in-place income while preserving flexibility for future vision and enhancement. On 6/16/26 Independent Recreational Watersports was added to the Shopping Center Use through text amendment to 7.32 of Nags Head UDO. Upon Site Review, new owner could operated Recreational Watercrafts by special permitted use. Positioned within Nags Head’s General C-2 zoning and the Water Sports Overlay District, Caribbean Corners Shopping Center offers a rare combination of assemblage scale, waterfront positioning, and land use flexibility, supporting a wide range of potential commercial and mixed-use concepts, subject to approvals. Opportunities of this scale and waterfront presence are limited along the Outer Banks. This offering is best suited for investors, operators, or long-term holders seeking a legacy coastal asset with enduring appeal and multiple avenues for future value creation. Contact listing agent for additional information and private showing arrangements. Units 1-A through 1 E are combined as a restaurant and is 1927 sq ft. Units 3A-3B are combined as a Brewery Tasting Room. Units 3C-3E are combined as a Pizza Restaurant. Total sq. ft. - 2356.55 Unts 2 A-2F are individual units. 3 are commercial 3 second floor units are office with full bathrooms. Total sq ft. 2487.96

Additional Features Additional Features
  • Construction Materials: Frame,Wood
  • County: Dare
  • Days on Market: 81
  • Flood Zone: AE,VE
  • Pool: No
  • Property Sub Type: Multi Unit
  • Sewer: Community Septic,Private Septic
  • Waterfront Features: Soundfront
  • Water/Sewer: Municipal Water
  • Year Built: 1981

Financial Financial
  • Annual Tax Amount: 21306.97
  • Bank/Institution Owned: No
  • Buyer Financing: Cash,Commercial
  • Possession: At Closing
  • Short Sale: No
  • Tax Year: 2026

Exterior Features Exterior Features
  • Foundation details: Piling
  • Fuel Tanks: None
  • Lot Features: Adj. To Common Area,Bulkheaded,Common Area,Level,Water Frontage
  • Roof: Asphalt/Fiber Shingle
  • Water Frontage: 316
  • Water Source: Municipal Water
  • Waterfront Feature: Soundfront
  • View: Sound,Salt Marsh

Location Location
  • Flood Zone: AE,VE
  • Street Number: 7531
  • MLS Area Minor: Nags Head Westside

Listed by: Suzanne from Outer Banks Realty Solutions.