REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Stephen Smith

stephensmithobx@gmail.com +1(252) 216-9230

$ 3,975,000

Est. payment | -/mo

Save Virtual Tour

$ 3,975,000

Est. payment | -/mo

Save Virtual Tour

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

MLS Listing ID 131652

HOA Y/N No

Year Built 2005

Tax Year 2025

Property Sub-Type Office

Property Description

Exceptional opportunity to acquire a HIGH-QUALITY, INCOME-PRODUCING MIXED-USE COMMERCIAL PROPERTY in one of the most visible and strategically located corridors on the Outer Banks, positioned at the foot of the Wright Memorial Bridge with PROMINENT HIGHWAY VISIBILITY AND FRONTAGE, offering exceptional exposure along one of the area's most heavily traveled commercial corridors. The offering includes a TWO-STORY, CLASS A–QUALITY OFFICE BUILDING (constructed in 2005) and a DETACHED MIXED-USE STRUCTURE (2014), providing a rare combination of RESIDENTIAL UNITS AND LARGE-EQUIPMENT STORAGE. The main office building is currently configured into SIX PROFESSIONAL OFFICE SUITES with reception areas, shared lounge spaces, ELEVATOR ACCESS, and FULL ADA COMPLIANCE, reflecting a level of construction quality and long-term ownership care rarely available in today's limited commercial inventory. The existing office suites feature flexible interior layouts that can be readily reconfigured to accommodate alternate floor plan options or evolving tenant needs. The site offers AMPLE PARKING and ATTRACTIVELY LANDSCAPED GROUNDS with mature vegetation and irrigation, creating a polished and professional environment. ALL 6 OFFICE SUITES AND 2 DWELLING UNITS ARE CURRENTLY OCCUPIED, producing IN-PLACE GROSS ANNUAL INCOME OF $210,605.52, with CONTRACTUAL RENT INCREASES ALREADY SCHEDULED beginning in 2026; based solely on existing leases, projected income increases to approximately $219,887 annually by mid-2026 with additional ESCALATIONS thereafter. The DETACHED REAR BUILDING adds meaningful upside, featuring MULTIPLE TEMPERATURE CONTROLLED STORAGE BAYS with ONE CURRENTLY LEASED AND TWO VACANT, offering immediate lease-up potential, along with 2 INCOME-PRODUCING ACCESSORY UNITS with kitchens, private living areas, and EXPANSIVE DECKS OVERLOOKING THE CURRITUCK SOUND. OWNER FINANCING AVAILABLE AND PREFERRED. Seller will consider COMPETITIVE FIXED-RATE OWNER FINANCING with 20–25 YEAR TERMS. Interest rate and structure are OFFER-DEPENDENT, with more favorable terms available for stronger offers. Seller financing is integral to the transaction structure. TERMS AS COMPETITIVE AS PRICE. This is a RARE OPPORTUNITY to acquire a PROFESSIONALLY MAINTAINED, HIGH-VISIBILITY COMMERCIAL ASSET with STRONG IN-PLACE INCOME, MULTIPLE REVENUE STREAMS, AND SIGNIFICANT VALUE-ADD POTENTIAL in a supply-constrained market.

Location

State NC

County Dare

Area Martins Point

Zoning MP-C

Interior

Heating Electric, Heat Pump

Exterior

Garage Description Attached, Detached, 3 + Car, 26-50 Spaces, Garage, Parking Lot, Paved, Off Street

Waterfront Description Semi-Soundfront

View Y/N Yes

View Sound

Roof Type Asphalt/Fiber Shingle

Private Pool No

Building

Lot Description Level

Sewer Non Conventional Septic

Water Municipal Water

Others

Ownership Owned More than 12 Months

Virtual Tour https://unbranded.youriguide.com/6475_n_croatan_hwy_kitty_hawk_nc/

Listed by Kiirsten Farr Coldwell Banker Seaside Realty - KDH farrobx@gmail.com

NEARBY SCHOOLS & PROPERTIES

“Looking for more information on this property? Just fill out some details and let me know how to reach you, and I'll be in touch soon!”

+1(252) 216-9230

stephensmithobx@gmail.com

Hills, NC, 27948, United States

6475 N Croatan Highway, Lot #10 Kitty Hawk, NC 27949

Stephen Smith

Key Details

Location

Interior

Exterior

Building

Others

NEARBY SCHOOLS & PROPERTIES

GET MORE INFORMATION

Go tour this home

6475 N Croatan Highway, Lot #10