25150 NC Highway 12 #Lot 1, Waves

$1,550,000

MLS#: 112650 Property Type: Commercial Address: 25150 NC Highway 12 #Lot 1 City / Zip: Waves, NC 27982 Area: Waves Soundside County: Dare Year Built: 2005 Date Listed: 02/01/2021

Agent's Comments

MJSM Enterprises, LLC is offering the chance of a lifetime to an enterprising investor. This “OBX” real estate investment package in Waves, NC includes two properties, one already delivering an established revenue stream, the other awaiting your customization! Strategically well-situated in the middle of “tri-villages,” the commercial property with frontage on Hwy12 (the main and only road through town) includes a 2-story building – for 16 years, the first floor has been and remains the home of Atlantic Coast Café, the second floor includes office space and a two-bedroom apartment with great views. Behind that property, the 28,627 sq soundfront lot is approved by DCHD for a 4-bedroom home with pool, large deck, and 50 ft. walkway to and into the Pamlico Sound. Or use that lot to expand the front lot’s commercial capacity – create a soundfront pavilion, tiki bar, retail space . . . just imagine the possibilities! With the 2.4 mile “Jug Handle” bridge due to open this year, guest stays and the retail season are guaranteed to increase and remain steady. Don't wait - call today! This remarkable business opportunity is a savvy investor’s dream come true!

*Listing provided courtesy of the MLS.
Amenities
Interior Features
  • Air Conditioning: Heat Pump
  • Floor Covering: Tile
  • Heating: Heat Pump
External Features
  • Lot Description: Additional Land Available, Beach Frontage, Water Frontage
  • Lot Description: Additional Land Available, Beach Frontage, Water Frontage
  • Roof: Asphalt/Fiber Shingle
Additional Features
  • Contruction: Frame, Wood
  • County: Dare
  • Property Sub Type: Quadruplex
  • View Description: Sound
  • Year Built: 2005
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Listings provided courtesy of Shore Details Inc - Frisco. and Outer Banks MLS.

Information Deemed Reliable But Not Guaranteed

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