Waterfront - New Construction - Seller Financing - Lease to Own
24394 NC 12 Highway Rodanthe, NC
$ 999,900
Property Attributes
  • MLS#102773
  • TypeLand
  • CountyDARE
  • CityRodanthe
  • AreaRodanthe Soundside
  • Zip27968
  • StyleCommercial
  • 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 + 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 Seat (avg) = $839,500++++ Yr Gross Potential...+ DEVELOPMENT OPPORTUNITY ...WATER FRONT RESORT....(see Proposed site plan)**INVESTMENT**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 $$ TBD...CAN COMBINE.... 3rd LOT (1/2 AC+/-) TO N (available Extra $$)...= 200 FT +/- ROAD FRONTAGE TOTAL ....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 102770 FOR COMMERCIAL RESTAURANT****2 parcels....Pin #.06481969545 + 06481296659****See MLS 102782 Restaurant for Lease....

Price History
11/21/2018 Listed $999,900

General Features

Financing Options Cash, Conventional, Owner Finance 1st
Listing Area Rodanthe Soundside
Ownership Owned More than 12 Months
Potential Short Sale No
Showing Instructions Call Agent, Listing Agent Must Acc., See Brokers Notes
Status Active
Status Active
Subdivision None
Tax Year 2018
Taxes 3845
Type Commercial
Zoning S-1

Interior Features

Electric Available

Exterior Features

Approx.lot Sqft 91476
Flood Zone AE
Lot Description Level
Roads Paved
Timber No
View Sound
Water Municipal


  • 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

AVG $290K
AVG $1,243
AVG 113

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