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Waterfront - New Construction - Seller Financing - Lease to Own
Address
24394 NC 12 Highway Rodanthe, NC
Price
$ 999,900
Property Attributes
  • MLS#102770
  • TypeCommercial
  • CountyDARE
  • CityRodanthe
  • AreaRodanthe Soundside
  • Zip27968
  • StyleRestaurant
  • Year Built1983
  • Taxes3845
  • Price$ 999,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size2.1 Acres
Listing Provided Courtesy Of:
Frank Jakob @ Cape Hatteras Realty & Const.
Property Description

LEASE OR SALE....Development Opportunity Water Front Resort +(18) 3 Br Condos +(6) Homes + (existing) RESTAURANT FOR "SALE OR LEASE"(with Option to Buy)*LOCATION - LOCATION - LOCATION*LEASE $5K Mo NNN**BUY SELLER FINANCING**..SOUND FRONT RESTAURANT (92) SEATS x $25 Seats (avg) = $839,500++++ Yr Gross Potential...+ DEVELOPMENT OPPORTUNITY ....WATER FRONT RESORT ....(SEE PROPOSED SITE PLAN)...NC HWY 12....(1.5 - 2.1 Ac +/-) *HIGH TRAFFIC AREA*(7,000+/- Daily Avg ...2.5+ Million Yr...NC Hwy 12)*ALL TRAFFIC MUST PASS BYE....ALL USES PERMITTED.....RESIDENTIAL & COMMERCIAL.....5 STORIES 52 FT HIGH..**CALL BROKER**.....(2) Lots NC12 "Bulkheaded" Sound Front .."CAN DEVELOP".....MORE LAND AVAILABLE EXTRA $$ TBD...CAN COMBINE 3rd LOT TO N (available Extra $$)....2.15 Ac+/- TOTAL... ..CAN BUILD 10-15+/- LOTS GROUP DEVELOPMENT....12-24+/- CONDO'S ..HOTEL...C-STORE...+ ALL USES PERMITTED...CALL BROKER.... (see possible uses) + Restaurant For Sale or Rent ($5,000 Mo NNN) with "Seller Financing" ...25% Down...Terms TBD.....additional land available for Extra $$ TBD...suitable for all uses ..Zoned S-1 ....Residential & Commercial including Condo's & Group Development.& Motel.....60% Lot Coverage ...Can Buy Property & Rent Restaurant & Build on Rear Lot on Sound Front ...High Traffic Area across from Rodanthe Fishing Pier & Ocean Beach & 4x4 ORV Ramp ..... Nearby Water Sports Resorts....Nearby "Nights of Rodanthe" (Movie) House...Seller Will Consider "Lease Restaurant Only"....if So....Seller Reserves the Right to Develop Rear Lot Sound Front.......***New Bridge to Rodanthe NC 12 - Now "Under Construction"...***New 100+ Yr Gateway NC 12 to Hatteras Island.***......Qualified Buyers Call Broker to Discuss All Possibilities....***SEE MLS 102773 FOR COMMERCIAL RESTAURANT****2 parcels....Pin #.06481969545 + 06481296659****See MLS 102782 Restaurant for Lease.........***NOTE: New Bridges ...Now Open 3/2019.. NC 12 Oregon Inlet...another Under Construction NC12 Rodanthe ***

Price History
11/20/2018 Listed $999,900

General Features

Class COMMERCIAL/INDUSTRIAL
Construction Frame
Financing Options Owner Finance 1st
Listing Area Rodanthe Soundside
Ownership Owned More than 12 Months
Potential Short Sale No
Showing Instructions Appointment Required, Call Agent
Status Active
Status Active
Tax Year 2018
Taxes 3845
Type Restaurant
Year Built 1983
Zoning S-1

Interior Features

Insulation Yes

Exterior Features

Approx.lot Sqft 91476
Flood Zone AE
Foundation Piling
Lot Description Additional Land Available, Bulkheaded, Level, Water Frontage
Lot Faces (n,e,w,s) W-E
Parking/Garage 26-50 Spaces, Off Street
Roads Paved, Public, Gravel
Roof Asphalt/Fiber Shingle
View Sound
Water Municipal Water

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 27968

Price
AVG $1,000K
$1,000K
Taxes
AVG $3,845
$3,845
Visits
AVG 147
146
Year Built
AVG 1983
1983

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