Property Images: 
MLS# 107843: HIGHLY VISIBLE LOCATION!
Asking Price: 
494,500
Subdivision: 
Ocean Acres Inc
Unit/Lot #: 
Lots 120-122
1518 S Memorial Boulevard Kill Devil Hills, NC 27948
Lots 120-122
Waterfront: 
None

Information

This well-maintained commercial building offers superb visibility from both the bypass and beach road! Once used as a pool and spa sales and service location and more recently was the headquarters for the Beach Book. With a three bedroom apartment upstairs that historically had been generating $1,200 a month in year round rental income, six office spaces and storage area with a garage door the possibilities are endless! This would be a great investment property and is ideal for someone wanting to live above their business.

Office spaces could generate as much as $2,400 a month if they were rented for $400 each. This income along with $1,200 a month for the apartment rental income would give a total income of $3,600 a month. Office spaces could be reconfigured depending on buyers needs. NEW ROOF IN 2019, NEW LVT FLOORS DOWNSTAIRS, WIRED FOR ETHERNET AND MULTIPLE PHONE LINES.

Area
Kill Devil Hills b/w Hwys
Subdivision
Ocean Acres Inc
Unit/Lot#
Lots 120-122
Lot Description
Corner,Level
Lot SqFt
9500
Roof
Asphalt/Fiber Shingle
Possession
At Closing
Foundation
Masonry
Slab
Roads
Paved
Public
Heating
Central
Heat Pump
Air Conditioning
Central
Heat Pump
Taxes
$3670.53
Construction
Frame
Wood
Parking
1-25 Spaces
Parking Lot
Paved
Year Built
1979
Days On Market
12
Listing Agent
Tammy Russell
Listing Office
Keller Williams - OBX

Request More Information

John Register
Senior Associate Broker
Office: 877-935-0224

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