Property Images: 
MLS# 115367: Turn Key Investment Oppty
Asking Price: 
2,199,000
Subdivision: 
Unit/Lot #: 
2412 S Virginia Dare Trail Nags Head, NC 27959
Waterfront: 
Oceanside
Area: 
Nags Head

Information

This one of a kind iconic Nags Head commercial property located directly off the Outer Banks scenic byway, Hwy 12 encompasses a 42,000 square feet lot with 124 feet of highway 12 frontage and 33 parking spaces. Situated on the property is a 4,755 square foot building with the first level approved for 74 seats including dining (currently seating 65 seats), bar (currently seating 26 seats), outdoor patio, and a game room lounge area complete with billiards, foosball table, fireplace and a second bar area. There is also a beer tap system and spacious kitchen (38 ft x 27 ft). The Town of Nags Head has the second floor following under current code: Commercial with Accessory Residential.

The current and approved use of the second floor 1150 sq ft (16’x15’ room + bathroom, 11’x14’room + closet, 18’x11’ room + closet, 12’x9’ room, 20’x35’ attic) is “office use”. Per Planning Department, there is a mechanism to have the second floor re-approved for residential use. Call listing agent for more details. Located in the center of Outer Banks, this commercial property is just a short drive to Duck and Corolla (North end) and Rodanthe and Hatteras (South end).

Area
Nags Head between hwys
Waterfront
Semi-Oceanfront (2nd row)
Waterfront Location
Semi-Oceanfront (2nd row)
Lot SqFt
42000
Roof
Asphalt/Fiber Shingle
Possession
At Closing
Roads
Paved
Private
Public
Heating
Heat Pump
Air Conditioning
Heat Pump
View Description:
Ocean
Taxes
$8063.87
Construction
Frame
Parking
26-50 Spaces
Parking Lot
Year Built
1960
Days On Market
61
Listing Agent
Erica Arnold
Listing Office
Keller Williams - Outer Banks

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