MLS # 102773
24394 NC 12 Highway
Rodanthe, NC 27968
$999,900
 
Bedrooms
Bathrooms
91,476
Sq. Ft.

About This Property

LEASE OR SALE...Water Front Restaurant ....2.1 Ac+/- Water Front.. NC Hwy 12.....$8.25M Sales Potential... $2.5M Net...25% ROI....WaterFront Restaurant Resort Opportunity...See Pro Forma...Existing 92 Seat Restaurant ...Build (10) 5 Br Town Houses + (6) Patio Lots + LeaseExisting Restaurant $60,000 Yr NNN....LOCATION - LOCATION - LOCATION... SELLER FINANCING**..SOUND FRONT RESTAURANT (92)SEATS x $25 Seat (avg) x 3 x 150 nights = = $1M+ 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 $$ TBD...CAN COMBINE 3rdLOT TO N (available Extra $$)....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 SportsResorts....Nearby "Nights of Rodanthe" (Movie) House...Seller Will Consider "Lease Restaurant Only"....if So....Seller Reserves the Right toDevelop 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****2parcels....Pin #.06481969545 + 06481296659****See MLS 102782 Restaurant for Lease.........***NOTE: New Bridges ...Now Open 3/2019.. NC12 Oregon Inlet...another Under Construction NC12 Rodanthe ***

Property Details

MLS:
102773
Address:
24394 NC 12 Highway
Town:
Rodanthe
Price:
$999,900
Estimated Monthly Mortgage:
$4,546/mo.
Listing Agent:
Jakob, Frank
Listing Company:
Cape Hatteras Realty & Const.
Area:
Rodanthe Soundside
Subdivision:
None
Waterfront Location:
Soundfront
Oceanside Location:
 
Soundside Location:
 
Lot Size:
91476 sq ft
Map
Share This Listing

Nearby Listings

No related listings.