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2217 S Croatan Highway

Nags Head, NC 27959
  • $2,849,000
  • STATUS: Active
  • ON SITE: 64 Days
  • MLS #: 124190
$2,849,000
  • 0
    BEDS
  • 1.4
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1981
County:

School Ratings & Info

Description

TURN KEY RENOVATED RESTAURANT Extensive renovations have been done since 2020 (see additional docs) This successful restaurant has a 5 star rating on Trip Advisor, that a new owner can expand on by adding lunch, outside dining, and entertainment. The current seating is 150-160 on a typical night, but there is room to add the additional seats that are permitted. The current owner focused on quality, now is the time to build on that and increase the volume with the higher ticket items having been established. It's a matter of ordering supplies and opening the doors for business. An astute investor can purchase now and be ready for the 2024 season

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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 AtCoastal Realty - Real Estate Excellence. Data last updated: 2024-02-24T23:38:06.63.
www.atcoastal.com/homes/146201709
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2217 S Croatan Highway Nags Head, NC 27959

  • Price: $2,849,000
  • Status: Active
  • On Site: 64 Days
  • MLS #: 124190
0
Beds
0
Baths
0
½ Baths
1.4
Acres
1981
Built
Neighborhood:
None
County:
Dare
Area:
Nags Head between hwys
Property Description
TURN KEY RENOVATED RESTAURANT Extensive renovations have been done since 2020 (see additional docs) This successful restaurant has a 5 star rating on Trip Advisor, that a new owner can expand on by adding lunch, outside dining, and entertainment. The current seating is 150-160 on a typical night, but there is room to add the additional seats that are permitted. The current owner focused on quality, now is the time to build on that and increase the volume with the higher ticket items having been established. It's a matter of ordering supplies and opening the doors for business. An astute investor can purchase now and be ready for the 2024 season
Exterior Features

Construction Frame Foundation Slab Lot Description Level Lot Faces W Lot Size Dimensions 1.4 ACS Parking Garage 51-100 Spaces Roads PavedPublic Roof Asphalt/Fiber Shingle Street Frontage 600 Waterfront Location None

Interior Features

Air Conditioning CentralHeat Pump Floor Covering CarpetConcreteTile Heating CentralElectricHeat Pump Insulation Yes Restaurant Sq Ft 8610

Property Features

Bank Owned YN No Business Name MAHI MAHI ISLAND GRILL Business Or Real Estate Bus/ Bldg/ LF Simple Commercial Features Equip. ConveysGrade LoadingHandicap FeaturesSecurity Alarm Commercial Type Restaurant Financing Options CashCommercialOther-See Remarks Flood Zone X Gross Income Range $1.6 M - $2.5 M Possession At ClosingNegotiable Potential Short Sale No Property Features DumpsterLoad Dock/GradeOutside StoragePartially FencedPole Sign Sewer Septic Private Septic Tax Year 2023 Taxes 9264.36 Water Municipal Water Zoning C2

Listing courtesy of Bobby Harrell of Harrell & Associates: .


© 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 AtCoastal Realty - Real Estate Excellence. Data last updated: 2024-02-24T23:38:06.63.
 
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