804 S Croatan Highway, Kill Devil Hills, NC 27948

$2,495,000
List Price
$2,495,000
MLS#
112244
Status
ACTIVE
Type
Commercial
Property Type
Restaurant
Neighborhood
Kill Devil Hills Realty Corp

Property Description

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.

Additional Information

Zip
27948
Neighborhood
Kill Devil Hills Realty Corp
Year Built
1984
County
Dare

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Listing courtesy of Harrell & Associates.

Listed by Bobby Harrell

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