25150 Nc Highway 12, Waves, NC 27982

$1,300,000
List Price
$1,300,000
Price Change
▼ $250,000 1619125487
MLS#
112650
Status
ACTIVE
Type
Commercial
Property Type
Multi Unit

Property Description

MJSM Enterprises, LLC is offering the chance of a lifetime to an enterprising investor. This “OBX” real estate investment package in Waves, NC includes two properties, one already delivering an established revenue stream, the other awaiting your customization! Strategically well-situated in the middle of “tri-villages,” the commercial property with frontage on Hwy12 (the main and only road through town) includes a 2-story building – for 16 years, the first floor has been and remains the home of Atlantic Coast Café, the second floor includes office space and a two-bedroom apartment with great views. Behind that property, the 28,627 sq soundfront lot is approved by DCHD for a 4-bedroom home with pool, large deck, and 50 ft. walkway to and into the Pamlico Sound. Or use that lot to expand the front lot’s commercial capacity – create a soundfront pavilion, tiki bar, retail space . . . just imagine the possibilities! With the 2.4 mile “Jug Handle” bridge due to open this year, guest stays and the retail season are guaranteed to increase and remain steady. Don't wait - call today! This remarkable business opportunity is a savvy investor’s dream come true!

Additional Information

Air Conditioning
Heat Pump
Construction
Frame, Wood
Floor Coverings
Tile
Foundation
Piling
Heating
Heat Pump
Lot Description
Additional Land Available, Beach Frontage, Water Frontage
Roof
Asphalt/Fiber Shingle
Sewer
Private Septic
View
Sound
Well
Municipal Water
Zip
27982
Year Built
2005
Directions
The front property, is located along the west side of Highway 12, just north of Lela Court, in Waves. Vacant lot directly behind the property.
County
Dare

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Shore Details Inc - Frisco.

Listed by Jennifer Paddock

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