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205 Irvin Garrish Highway

Ocracoke, NC 27960
  • $5,500,000
  • STATUS: Active Under Contract
  • ON SITE: 301 Days
  • MLS #: 122870
Under Contract
UPDATED: 50 min ago
$5,500,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1982
County:
Area:

School Ratings & Info

Description

The Anchorage Inn, a 4 story brick and mortar hotel featuring 37 rooms, is a well known staple of Ocracoke's harborfront for over 40 years. Its location, perched above Silver Lake, provides views of awe inspiring sunsets that brings back guests year after year. Two large suites with full kitchens and private walk out balconies claim the uppermost floor. Harbor front pool with composite decking. Totally turn-key investment property. 4 bedroom house behind hotel houses on site staff and conveys. Full service diesel generator powers entire facility. Self manage or lease to property management company. Two docks are included with 27+/- boat slips along 120'+/- of harbor frontage. A commercial lease space on Silver Lake and main thoroughfare conveys providing passive income - current tenant is Island Golf Carts. Major maintenance items of shingle roof, exterior paint, and septic drain fields recently completed. This investment opportunity is once in a lifetime and should not be passed on. Package deal available for combined purchase of Ocracoke Marina and Anchorage Inn. Financial data available for qualified buyers. Contact your agent for more information today.

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© 2024 Outer Banks Association of Realtors MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Sun Realty of Nags Head, Inc.. Data last updated: 2024-05-18T08:38:05.967.
www.sunrealtyobx.com/homes/141726695
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205 Irvin Garrish Highway Ocracoke, NC 27960

  • Price: $5,500,000
  • Status: Active Under Contract
  • On Site: 301 Days
  • Updated: 50 min ago
  • MLS #: 122870
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1982
Built
Neighborhood:
Ocracoke
County:
Hyde
Area:
Ocracoke
Property Description
The Anchorage Inn, a 4 story brick and mortar hotel featuring 37 rooms, is a well known staple of Ocracoke's harborfront for over 40 years. Its location, perched above Silver Lake, provides views of awe inspiring sunsets that brings back guests year after year. Two large suites with full kitchens and private walk out balconies claim the uppermost floor. Harbor front pool with composite decking. Totally turn-key investment property. 4 bedroom house behind hotel houses on site staff and conveys. Full service diesel generator powers entire facility. Self manage or lease to property management company. Two docks are included with 27+/- boat slips along 120'+/- of harbor frontage. A commercial lease space on Silver Lake and main thoroughfare conveys providing passive income - current tenant is Island Golf Carts. Major maintenance items of shingle roof, exterior paint, and septic drain fields recently completed. This investment opportunity is once in a lifetime and should not be passed on. Package deal available for combined purchase of Ocracoke Marina and Anchorage Inn. Financial data available for qualified buyers. Contact your agent for more information today.
Exterior Features

Construction BlockMasonry Foundation Masonry Lot Description Additional Land AvailableBulkheadedWater Frontage Parking Garage Parking Lot Roads Paved Roof Asphalt/Fiber Shingle View Description Harbor Water Frontage 120 Waterfront Location Harborfront

Interior Features

Air Conditioning Wall Unit(s) Floor Covering CarpetCeramic TileVinyl Heating Forced AirZoned Hotel Motel Sq Ft 12000

Property Features

Bank Owned YN No Business Name The Anchorage Inn Business Or Real Estate Bus/ Bldg/ LF Simple Commercial Features Elevator(s)Outdoor Pool Commercial Type Hotel / Motel Documents On File AppraisalLand Survey Financing Options CashCommercialOwner Finance 1st Flood Zone Unknown Gross Income Range Call Agent Possession At Closing Potential Short Sale No Sewer Septic Private Septic Tax Year 2022 Taxes 20127 Water Municipal Water Zoning None

Listing courtesy of William Adams of The Rich Company of Ocracoke/OBX: .


© 2024 Outer Banks Association of Realtors MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Sun Realty of Nags Head, Inc.. Data last updated: 2024-05-18T08:38:05.967.
 
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Sun Realty of Nags Head, Inc.
1500 S Croatan Hwy
Kill Devil Hills NC, 27948