MLS # 107843
1518 S Memorial Boulevard
Kill Devil Hills, NC 27948
$475,000
 
Bedrooms
Bathrooms
Sq. Ft.

About This Property

This well-maintained commercial building offers superb visibility from both the bypass and beach road! Once used as a pool and spa sales and service location and more recently was the headquarters for the Beach Book. With a three bedroom apartment upstairs that historically had been generating $1,200 a month in year round rental income, six office spaces and storage area with a garage door the possibilities are endless! This would be a great investment property and is ideal for someone wanting to live above their business. Office spaces could generate as much as $2,400 a month if they were rented for $400 each. This income along with $1,200 a month for the apartment rental income would give a total income of $3,600 a month. Office spaces could be reconfigured depending on buyers needs. NEW ROOF IN 2019, NEW LVT FLOORS DOWNSTAIRS, WIRED FOR ETHERNET AND MULTIPLE PHONE LINES.

Property Details

MLS:
107843
Address:
1518 S Memorial Boulevard
Town:
Kill Devil Hills
Price:
$475,000
Estimated Monthly Mortgage:
$2,160/mo.
Listing Agent:
Russell, Tammy
Listing Company:
Keller Williams - OBX
Area:
Kill Devil Hills b/w Hwys
Subdivision:
Ocean Acres Inc
Waterfront Location:
None
Oceanside Location:
 
Soundside Location:
 
Heated Area:
Sq ft.
Year Built:
1979
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