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503 CROATAN HIGHWAY, KILL DEVIL HILLS, NC, 27948

$ 649,000

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739685 Last Update
Property Description

**Prime Commercial Corner Lot in Kill Devil Hills** This high-visibility commercial corner lot is strategically located just south of the Kill Devil Hills Post Office, directly across the street from Captain George's Restaurant and The Outer Banks Brew Station. Situated between the highways with access from Goddard Avenue, this property offers exceptional convenience and accessibility. The property features two separate entrances, providing the potential for dual units. Utilities are shared with a single meter. The first unit boasts a large, welcoming foyer/flex space, an office with a shared full bath, and an additional office space with a half bath. A centrally located kitchenette, with the potential for a sitting area or media room, enhances functionality. The second unit is a spacious room with a half bath, ideal for a massage studio, therapist, accountant, or similar professional use. Projected rental income is approximately $1,700 per month for the larger 1,000 sq. ft space, and $700 per month for the 300 sq. ft. space. An additional $200 per unit brings the total potential income to $26,400 annually. The property also includes a 64' lighted sign for enhanced visibility. This is an outstanding opportunity for a variety of commercial ventures in a prime location.

Property Basic Details
Price $ 649,000
Area Kill Devil Hills b/w Hwys
Unit/Lot # Lot #11
Sale/Rent S
Status Active
Partial Bath Bldg/Land Simple
Year Built 1971
MLS# 128156
Property Features
Possession Close Of Escrow
Zoning C
Tax Year 2024
Property Taxes 2024.74
Exterior Features
Interior Features
Floor Plan
Property Type Office
Location
City Kill Devil Hills
Area Kill Devil Hills b/w Hwys
County Dare
ZIP 27948
Parking
Elementary School:
Middle School:
High School:

Location