24394 Nc 12 Highway , Lot # 1 & 2

    Rodanthe, NC 27968
    • $999,900
    • STATUS: Active
    • ON SITE: 355 days
    • MLS #: 102773
    UPDATED: 63 min ago
    $999,900
    • 0
      BEDS
    • 2.1
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    Description

    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 ***

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    © 2019 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. Data last updated: 2019-11-12T17:37:40.213.
    www.sunrealtyobx.com/homes/89573387

    24394 Nc 12 Highway , Lot # 1 & 2 Rodanthe, NC 27968

    • Price: $999,900
    • Status: Active
    • Updated: 63 min ago
    • MLS #: 102773
    0
    Beds
    0
    Baths
    0
    ½ Baths
    2.1
    Acres
    Neighborhood:
    None
    County:
    Dare
    Area:
    Rodanthe Soundside
    Property Description
    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 ***
    Exterior Features

    Lot Description Level Lot Size Dimensions See Survey Roads Paved View Description Sound Waterfront Location Soundfront

    Interior Features

    Timber No

    Property Features

    Association Fee YN No Bank Owned YN No Electric Available Estimated Annual Fee 0 Financing Options CashConventionalOwner Finance 1st Flood Zone Ae Land Type Commercial Possession Closing Potential Short Sale No Tax Year 2018 Taxes 3845 Water Municipal Zoning S-1

    Listing courtesy of Frank Jakob of Cape Hatteras Realty & Const..


    © 2019 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. Data last updated: 2019-11-12T17:37:40.213.
     
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