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3581 Caratoke Hwy

Currituck County, NC 27956
  • $3,600,000
  • STATUS: Active
  • ON SITE: 123 Days
  • ID#: 10592342
UPDATED: 68 min ago
$3,600,000
  • 0
    BEDS
  • 1.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,510
    SQFT
  • $1,434
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1972

School Ratings & Info

Description

Turn Outer Banks Travel Days into Year-Round Profits! Own the Waterfront Café & Bar (Currituck Trading Post), strategically located where NC-168 meets the bay. The only spot capturing 15,000-50,000 cars daily on the gateway to the Outer Banks. This 1.09-acre, bulk-headed site, rebuilt in 2022, features a chic market hall, indoor/outdoor bar, new commercial kitchen, walk-in cooler, food-truck pad, and a 75-foot floating dock with private ramp. Enjoy multiple revenue streams from the café, ABC-permitted bar, grab-n-go market, kayak/SUP rentals, live-music lawn, and transient slips, already generating approximately $1.2 million in gross revenue and a 9% cap rate. There's also room to expand with fuel service or additional docks under GB zoning. The sale includes fee-simple real estate, a thriving business, and all furniture, fixtures, and equipment (FF&E). Enjoy epic sunsets while your investment works overtime!

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www.phillipdavishomes.com/homes/165822577
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3581 Caratoke Hwy Currituck County, NC 27956

  • Price: $3,600,000
  • Status: Active
  • On Site: 123 Days
  • Updated: 68 min ago
  • ID#: 10592342
0
Beds
0
Baths
0
½ Baths
1.09
Acres
2,510
SQFT
$1,434
$/SQFT
1972
Built
Neighborhood:
All Others Area 200
Area:
200 - Currituck County NC
Property Description
Turn Outer Banks Travel Days into Year-Round Profits! Own the Waterfront Café & Bar (Currituck Trading Post), strategically located where NC-168 meets the bay. The only spot capturing 15,000-50,000 cars daily on the gateway to the Outer Banks. This 1.09-acre, bulk-headed site, rebuilt in 2022, features a chic market hall, indoor/outdoor bar, new commercial kitchen, walk-in cooler, food-truck pad, and a 75-foot floating dock with private ramp. Enjoy multiple revenue streams from the café, ABC-permitted bar, grab-n-go market, kayak/SUP rentals, live-music lawn, and transient slips, already generating approximately $1.2 million in gross revenue and a 9% cap rate. There's also room to expand with fuel service or additional docks under GB zoning. The sale includes fee-simple real estate, a thriving business, and all furniture, fixtures, and equipment (FF&E). Enjoy epic sunsets while your investment works overtime!
Exterior Features

Construction BlockRenovated Exterior Siding VinylWood Foundation Type Slab Garage YN No Location Major Arteries Parking Addl Parking1-25 Spcs Roof Metal

Interior Features

Cooling 16+ SEER A/CCentral Air Flooring Type Concrete Heating Heat Pump

Property Features

Contingency Exists Non Contingent Disclosure None Features Display WindowDoor SignFire Sprinkler SysLandscapedLightingMini KitchenPriv RestrmsPublic RestrmsRear EntranceSecurity Sys/Own Lease Type None New Construction YN No Ownership Type Simple Possession SETTLEMENT Tax Amount Approx 2956 Use Type Business Utilities ElectricPriv WaterSepticWell

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