Property Images: 
MLS# 102773: Seller Financing Sound Front
Asking Price: 
999,900
Subdivision: 
None
Unit/Lot #: 
Lot # 1 & 2
24394 NC 12 Highway Rodanthe, NC 27968
Lot # 1 & 2
Waterfront: 
Soundfront
Area: 
Rodanthe

Information

LEASE OR SALE...Water Front Restaurant ....2.1 Ac+/- Water Front.. NC Hwy 12.....$8.25M Sales Potential... $2.5M Net...25% ROI....WaterFront Restaurant Resort Opportunity...See Pro Forma...Existing 92 Seat Restaurant ...Build (10) 5 Br Town Houses + (6) Patio Lots + LeaseExisting Restaurant $60,000 Yr NNN....LOCATION - LOCATION - LOCATION... SELLER FINANCING**..SOUND FRONT RESTAURANT (92)SEATS x $25 Seat (avg) x 3 x 150 nights = = $1M+ Gross Potential...+ DEVELOPMENT OPPORTUNITY ....WATER FRONT RESORT ....(SEE PROPOSED SITE PLAN)...NC HWY 12....(1.5 - 2.1 Ac +/-) *HIGH TRAFFIC AREA*(7,000+/- Daily Avg ...2.5+ Million Yr...NC Hwy 12)*ALL TRAFFIC MUST PASS BYE....ALL USES PERMITTED.....RESIDENTIAL & COMMERCIAL.....5 STORIES 52 FT HIGH..**CALL BROKER**.....(2) Lots NC12 "Bulkheaded" Sound Front .."CAN DEVELOP".....MORE LAND AVAILABLE EXTRA $$ TBD...CAN COMBINE 3rdLOT TO N (available Extra $$)....2.15 Ac+/- TOTAL... ..CAN BUILD 10-15+/- LOTS GROUP DEVELOPMENT....12-24+/- CONDO'S..HOTEL...C-STORE...+ ALL USES PERMITTED...CALL BROKER.... (see possible uses) + Restaurant For Sale or Rent ($5,000 Mo NNN) with"Seller Financing" ...25% Down...Terms TBD.....additional land available for Extra $$ TBD...suitable for all uses ..Zoned S-1 ....Residential &Commercial including Condo's & Group Development.& Motel.....60% Lot Coverage ...Can Buy Property & Rent Restaurant & Build on Rear Lot on Sound Front ...High Traffic Area across from Rodanthe Fishing Pier & Ocean Beach & 4x4 ORV Ramp ..... Nearby Water SportsResorts....Nearby "Nights of Rodanthe" (Movie) House...Seller Will Consider "Lease Restaurant Only"....if So....Seller Reserves the Right toDevelop Rear Lot Sound Front.......***New Bridge to Rodanthe NC 12 - Now "Under Construction"...***New 100+ Yr Gateway NC 12 to Hatteras Island.***......Qualified Buyers Call Broker to Discuss All Possibilities....***SEE MLS 102773 FOR COMMERCIAL RESTAURANT****2parcels....Pin #.06481969545 + 06481296659****See MLS 102782 Restaurant for Lease.........***NOTE: New Bridges ...Now Open 3/2019..

NC12 Oregon Inlet...another Under Construction NC12 Rodanthe ***

Area
Rodanthe Soundside
Subdivision
None
Unit/Lot#
Lot # 1 & 2
Waterfront
Soundfront
Waterfront Location
Soundfront
Lot Description
Level
Lot SqFt
91476
Possession
Closing
Roads
Paved
View Description:
Sound
Taxes
$3845
Association Fee Included?
No
Days On Market
361
Listing Agent
Frank Jakob
Listing Office
Cape Hatteras Realty & Const.

Request More Information

Rick Kinne
Senior Associate Broker
Cell: 252-256-2670

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