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804 S Croatan Hwy
Kill Devil Hills, NC 27948
Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Central Outer Banks beach location!
  • High visibility corner at STOPLIGHT!
  • Recently renovated and well maintained!
  • TURN KEY OBX Restaurant WITH Employee Housing!
  • State of the art Security System

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
8,410 SF
Building Class
C
Year Built
1984
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.10 AC
Zoning
Business
Frontage
200’ on S Croatan Hwy

AMENITIES

  • Conferencing Facility
  • Corner Lot
  • Restaurant
  • Signage
  • Signalized Intersection
  • Storage Space
  • Air Conditioning

ABOUT 804 S CROATAN HWY , KILL DEVIL HILLS, NC 27948

TURN KEY RESTAURANT FOR SALE in the heart of the Outer Banks situated on a more than 1 acre, corner lot at a STOPLIGHT! The restaurant contains 8,294 square feet of which 6582 square feet is dining, lounge and banquet rooms. While 1712 square feet is available for the kitchen and food prep. The seating capacity is 262 of which 17 are bar seats and 245 are dining seats. With 3 dining rooms the restaurant is capable of accommodating small intimate groups or larger meetings or celebrations. The facility underwent a major renovation and remodel in 2015 including updates in electrical, lighting, sound system, security system and flooring. At the same time, extensive kitchen remodeling, including equipment upgrades, occurred. While the restaurant has been successful for years, there is a huge upside potential to expand by adding evening entertainment and increasing marketing toward large parties and events, such as wedding receptions, business meetings, etc. The restaurant features extensive parking with the option for overflow parking on an adjacent property. The roof and HVAC units were recently replaced and the restaurant will be connected to central sewer prior to closing. A major asset to the restaurants operations are the two - 3 bedroom, 2 bath single family residences that can accommodate seasonal help and staff located across the street from the restaurant. They are each situated on an 11,250 square foot parcel.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
028225000
Land Assessment
$1,254,000
Improvements Assessment
$1,608,900
Total Assessment
$2,862,900
  • Listing ID: 18208709

  • Date on Market: 1/16/2020

  • Last Updated:

  • Address: 804 S Croatan Hwy, Kill Devil Hills, NC 27948

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