40594 Nc Highway 12 , Lot 2

    Avon, NC 27915
    • $499,500
    • STATUS: Active
    • ON SITE: 1314 days
    • MLS #: 85260
    UPDATED: 22 min ago
    $499,500
    • 0
      BEDS
    • 0.83
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    2004
    County:

    School Ratings & Info

    Description

    This restaurant building is centrally located in "Downtown Avon" and is approximately 3,080 square feet. Established long term NN tenant "The Mad Crabber" has been in business over 20 years!! Not only do they have a loyal local following, but they are also a favorite haunt for the many tourists that visit Hatteras Island. TRUE 9% CAP RATE creating an excellent investment for the discerning buyer. This building is well maintained and offers an open and spacious interior floor plan. It is situated on a large 36,000/sf lot with good road visibility.

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    © 2018 Outer Banks Association of Realtors MLS. Information is deemed reliable but not guaranteed by the MLS or Surf or Sound Realty.
    www.surforsoundsales.com/homes/44065436

    40594 Nc Highway 12 , Lot 2 Avon, NC 27915

    • Price: $499,500
    • Status: Active
    • Updated: 22 min ago
    • MLS #: 85260
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.83
    Acres
    2004
    Built
    Neighborhood:
    Avon Soundside
    County:
    Dare
    Area:
    Avon Soundside
    Property Description
    This restaurant building is centrally located in "Downtown Avon" and is approximately 3,080 square feet. Established long term NN tenant "The Mad Crabber" has been in business over 20 years!! Not only do they have a loyal local following, but they are also a favorite haunt for the many tourists that visit Hatteras Island. TRUE 9% CAP RATE creating an excellent investment for the discerning buyer. This building is well maintained and offers an open and spacious interior floor plan. It is situated on a large 36,000/sf lot with good road visibility.
    Exterior Features

    Construction Frame Foundation Piling Lot Description Easement(S)Level Lot Size Dimensions 36000 Parking Garage 26-50 Spaces Roads PavedPublic Roof Asphalt/Fiber Shingle Waterfront Location None

    Interior Features

    Air Conditioning Heat Pump Floor Covering CarpetTile Heating Heat Pump Insulation YesCeilingFloorWall Restaurant Sq Ft 3080

    Property Features

    Actual Income 48000 Bank Owned YN No Business Or Real Estate Bldg/Land Simple Commercial Features Handicap FeaturesPublic Restroom (S) Commercial Type Restaurant Current Use Restaurant Financing Options Cash Flood Zone Ae Gross Income Range $30001 - $60000 Percent Of Units Leased 100 Permitted Use Multi-Use Possession Subject To Tenancy Potential Short Sale No Property Features Dumpster Sewer Septic Private Septic Tax Year 2014 Taxes 2658.71 Tenant Pays ElectricSeptic/Sewer Water Municipal Water Zoning Commercial

    Listing courtesy of Bobby Harrell of Harrell & Associates.
    © 2018 Outer Banks Association of Realtors MLS. Information is deemed reliable but not guaranteed by the MLS or Surf or Sound Realty.
     
    Surf or Sound Realty
    NC Highway 12
    Avon NC, 27915