2412 S Virginia Dare Trl
Nags Head, NC 27959
Outer Banks Restaurant · Retail Property For Sale

Retiring Seller offering an incredible opportunity to own a semi-oceanfront highly successful, 20+ years restaurant (grill and taphouse) offering fresh Outer Banks local seafood with an array of 18 beers on tap. This one of a kind iconic Nags Head restaurant located directly off the Outer Banks scenic byway, Hwy 12 encompasses a 42,000 square feet lot with 124 feet of highway 12 frontage and 33 parking spaces. Situated on the property is a 4,755 square foot building with the first level approved for 74 seats including dining (65 seats), bar (26 seats), outdoor patio, and a game room lounge area complete with billiards, foosball table, fireplace and a second bar area. There is also an 18 tap beer system and spacious kitchen (38ftx27ft). The Town of Nags Head has the second floor following under current code: Commercial with Accessory Residential. The current and approved use of the second floor 1150 sq ft (16’x15’ room + bathroom, 11’x14’room + closet, 18’x11’ room + closet, 12’x9’ room, 20’x35’ attic) is “office use”. Per Planning Department, there is a mechanism to have the second floor re-approved for residential use. Included in the sale is the Building and Land, 74 licensed restaurant seats, a Liquor License, all equipment, furniture, fixtures and inventory and a very strong income. Indoor and outdoor seating as well as a large bar area. Included in the sale is the ongoing business (74 seat restaurant, furniture, fixtures, and equipment) and the Real Estate (building, land, and property). This turn-key establishment generates significant revenue and earnings. An Investor’s dream! Call today for more details. Located in the center of Outer Banks, this restaurant is just a short drive to Duck and Corolla (North end) and Rodanthe and Hatteras (South end). To receive additional information (such as financials, ongoing business plan, etc), prospective buyers or investment groups will be required to sign a Confidentiality Agreement and Provide Proof of Funds. Contact listing agent for appointment. Listing agent to accompany property showings (on Mondays and Tuesdays when restaurant is closed).