See Home Value
Currituck
817 Ocean Trail #C
$396,978*
● Commercial - Off Market

817 Ocean Trail #C

Corolla, NC 27927
bedrooms
Studio
bathrooms
0 Bath
$338,000 - $412,000
Reference Base Price*
5.86%
Since Feb 1, 2023
National-US
Primary Model

About This Property

Avoid an expensive buildout, furniture, fixture and equipment costs with this turnkey well designed and appointed existing restaurant space!  Now is the time to bring your tasty menu to the beach and serve the hundreds of thousands of vacationers on the Outer Banks each year!  Someone has to live in paradise, why not you?!  There are approximately 65 seats in the restaurant including bar seating.  There is a takeout area with a pickup window in the courtyard, dining room, HUGE BAR, a well-appointed kitchen with a commercial dishwasher, hood etc..., a wait stand, small office, two restrooms, and a walk-in located behind the unit.  Take advantage of the courtyard location by adding additional out-door seating.  Customers will love enjoying the beautiful OBX weather with their food and beverages!  Sellers are investment owners and based on the asking price, ready to sell!  Take advantage of this opportunity now!  This location can thrive with a good menu and owner operators closely involved with marketing the business.  After many years of ownership, the sellers' preference is to sell the location but are willing to offer the space for lease with a minimum two or three-year term, see separate lease listing (MLS#120708). See furniture, fixtures & equipment available for use in associated docs.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Commercial
Property Taxes
$145
HOA Dues
-
Year Built
2001

Payment Calculator

Cap Rate Calculator

Price History

Date / Event Date Event Price
Jan 30, 2023 No longer available -
No longer available
Oct 31, 2022 Listed $375,000
Listed
Sep 2, 2022 No longer available -
No longer available
Jun 10, 2022 Relisted $419,000
Relisted
Jun 7, 2022 No longer available -
No longer available
Show More

Property Highlights

Air Conditioning
Parking Available

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20221031 Unit C
10/31/2022
C
Loft
-
-
$375,000
bedrooms
Loft
bathrooms
-
-
-
Joe Staten
Sun Realty - Duck
20220325 Unit C
03/25/2022
C
Loft
-
-
$429,000
bedrooms
Loft
bathrooms
-
-
-
Kate Harrell
Harrell & Associates
20200307 Unit A
03/07/2020
A
Loft
-
-
$1,162,500
bedrooms
Loft
bathrooms
-
-
-
Jim Allman
Re/Max Ultra

Building Info

817 Ocean Trail 817 Ocean Trail, Corolla, NC 27927
More about this Building
817 Ocean Trail
Want to find out who owns 817 Ocean Trail, Corolla, NC 27927? Get detailed property transactions here.

About Currituck


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals