2217 S Croatan Hwy

2217 S Croatan Hwy , Nags Head, North Carolina, 27959 | 8,600 sq.f | $ 2,650,000

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About This Restaurant

Investment Highlights

High Volume OBX Hot Spot Beautifully renovated space with room for growth! Established Turnkey Outer Banks Restaurant

Executive Summary

Turn-key, full-service Outer Banks restaurant with an established customer base and stellar reputation. Exciting opportunity for growth with recent updates, including a spacious outdoor entertainment area, picnic tables, and an optional stage. Renovated in 2020-2021, the improvements are extensive?full list of upgrades available. Located on the main highway with high visibility, the property offers a robust investment potential. Slide show with more photos included in link below.

Property Details

  • Sale Type    Investment or Owner User
  • Sale Condition    Business Value Included
  • Property Type    Retail
  • Property Subtype    Restaurant
  • Building Size    8,600
  • Building Class    B
  • Year Built/Renovated    2000/2019
  • Price    2,650,000
  • Price Per SF    308
  • Tenancy    Single
  • Building Height    2 Stories
  • Building FAR    0.14
  • Land Acres    1.39 AC

Amenities

  • Courtyard
  • Pylon Sign
  • Restaurant
  • Security System
  • Signage
  • Tenant Controlled HVAC
  • Accent Lighting
  • Storage Space
  • Air Conditioning
  • Balcony
  • Smoke Detector

Property Taxes

Parcel Number 005640000 Improvements Assessment $583,000
Land Assessment $676,600 Total Assessment $1,259,600
Date Created: 2024-07-16 04:16:23 Last Updated: 2024-07-16 04:16:23
Address: 2217 S Croatan Hwy , Nags Head, North Carolina, 27959