Always thought of running your own restaurant on the Outer Banks . . . it's time to LIVE THE DREAM! South Beach Grille offers a great Beach Road location but can also be seen and accessed from the busy Bypass . . . truly the best of both worlds! Located in the historic Whalebone Beach area of Nags Head near Jeanette's Pier, Tangier Outlet, Outer Banks Mall and much more. Across the street from the ocean and within walking distance from many local hotels, motels, beach cottages, and retail establishments and an easy drive from South Nags Head, Manteo and the northern towns of Kill Devil Hills and Kitty Hawk.
This successful 120+ seat turn-key restaurant has it all: Multiple dining and/or banquet rooms, cozy bar, gift shop, and a new second level covered deck with ocean and sound views!! In season you'll find a dedicated following of locals and visitors alike enjoying live music, cocktails, sunsets, and great food in a casual atmosphere. The large, well equipped commercial kitchen is set up and ready to roll and includes a walk-in fridge, walk-in freezer (3 years old), gas stove/oven/grill, hood, dishwasher and more! Many recent interior upgrades as well to include new flooring, windows, insulation, duct work, ceilings, electrical wiring and Ansell system.
Everything conveys except some personal art and items in the gifts shop. Covered outside deck seating (40+) with views of ocean & sound, 56 parking spaces accessed from both bypass and beach road offers easy ingress and egress . . . this restaurant has it all! After 26 years in the business the owners are ready to retire and the opportunity is all yours! The restaurant produces $700,000-$800,000 in gross income and the current owners opted to not cater to the late night bar/music crowds and to close on Sundays . . . leaving you with LOTS of growth potential.
This sale offering includes the land, building, business, equipment, furnishings, décor, and goodwill for less than the tax value on the building/land alone. Running a restaurant not your thing? This prime commercial tract of real estate consists of 4 commercially zoned lots totaling over an acre with 100+ feet of road frontage on BOTH Croatan Highway AND Virginia Dare Trail! C2-General Commercial District Zoning allows office, retail, service establishments, single family, duplex, B&B's to name a few . . . plus many, many more under conditional usage.