MLS # 112244
804 S Croatan Highway
Kill Devil Hills, NC 27948
$2,495,000
 
Bedrooms
Bathrooms
Sq. Ft.

About This Property

TURN KEY OBX RESTAURANT FOR SALE in the heart of the Outer Banks situated on a more than 1 acre, corner lot at a STOPLIGHT! The restaurant contains 8,294 square feet, of which 6,582 square feet is dining, lounge and banquet rooms while 1,712 square feet is available for the kitchen and food prep. The seating capacity is 262 of which 17 are bar seats and 245 are dining seats. With 3 dining rooms the restaurant is capable of accommodating small intimate groups or larger meetings or celebrations. The facility underwent a major renovation and remodel in 2015 including updates in electrical, lighting, sound system, security system and flooring. At the same time, extensive kitchen remodeling, including equipment upgrades, occurred. While the restaurant has been successful for years, there is a huge upside potential to expand by adding evening entertainment and increasing marketing toward large parties and events, such as wedding receptions, business meetings, etc. The restaurant features extensive parking with the option for overflow parking on an adjacent property. The roof and HVAC units were recently replaced and the restaurant will be connected to central sewer prior to closing. A major asset to the restaurants operations are the two - 3 bedroom, 2 bath single family residences that can accommodate seasonal help and staff located across the street from the restaurant. They are situated on individual lots for a total of 11,250 square foot.

Property Details

MLS:
112244
Address:
804 S Croatan Highway
Town:
Kill Devil Hills
Price:
$2,495,000
Estimated Monthly Mortgage:
$11,343/mo.
Listing Agent:
Harrell, Bobby
Listing Company:
Harrell & Associates
Area:
Kill Devil Hills Westside
Subdivision:
Kill Devil Hills Realty Corp
Waterfront Location:
None
Oceanside Location:
 
Soundside Location:
 
Heated Area:
Sq ft.
Year Built:
1984
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