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804 S Croatan Highway #Unit 9-10 $2,495,000

MLS#: 112244
Address: 804 S Croatan Highway #Unit 9-10
City / Zip: Kill Devil Hills, NC 27948
Type: Commercial

1.53

Lot Size

1984

Year Built

Kill Devil Hills

City

Overview

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TURN KEY OBX 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 6,582 square feet is dining, lounge and banquet rooms while 1,712 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 situated on individual lots for a total of 11,250 square foot.

This listing is provided courtesy by Bobby Harrell, Harrell & Associates

Mapp

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Amenities

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