Closing Price:
$125,000
$125,000
40618 NC 12 Highway,
Avon, NC 27915
null bd
null ba
0 sq ft
MLS #: 123446
Status: Closed
Sold Details
Status: Closed
Sold Price: $125,000.00
Closing Date: 11/17/2023
Contract Date: 10/12/2023
Concession Comments: None
Total Days on Market:
Cumulative Days on Market: 25
Due Diligence Date: 11/2/2023
Listing Information
Area: Avon Soundside
Mls Status: Closed
Days On Market: 25
Cumulative Days On Market: 25
Listing Price: $125,000
Original Listing Price: $125,000
Possession: Close Of Escrow
Price Date: 9/17/2023
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell
Building Details
Asking Price Per SqFt: $NaN
Year Built: 1964
Sub Type: Restaurant
Roof: Asphalt
Foundation: Slab
Cooling: Central Air, Heat Pump
Heating: Central, Floor Furnace
Flooring: Ceramic Tile
Construction Materials: Frame
Building Features: Pole Sign
Legal Description
County: Dare
Deed Book: 2562
Deed Book Page Number: 0413
County Pin Number: 064017212746
Price Change: 11/26/2023
Lot Details
Waterfront: None
Property Type: COMMERCIAL/INDUSTRIAL
Property Expenses & Utilities
Tax Year: 2022
Annual Property Taxes: $1.00
Water Source: Public
Contract Status Change Date: 11/27/2023
Estimated Annual Fee Amt: $NaN
Sewer: Septic Tank
Financials
Bank/Institution Owned: No
Fuel Tanks: Leased
Rental Income
There is no rental income information availableListing Agent Remarks
Well known 40 seat Hatteras Island restaurant in a prime Avon location, available for purchase (this if for the purchase of the business ONLY, not the building or any part of the building). The current owners have operated Burger Burger since 2020, however it has been a staple of Hatteras Island life for over 13 years with a very loyal following comprised of island locals and repeat visitors to the island. During the last 3 years the owners have established solid relationships with suppliers, made numerous upgrades to the front of the house as well as the kitchen equipment, and have expanded on Burger Burger’s already stellar reputation for great food and outstanding service. This is a unique opportunity to own and operate a turn-key, highly visible and proven restaurant located on the iconic NC 12 Highway, in the heart of Avon. However, there are endless possibilities within the space; it does not have to remain a restaurant! Sale includes all existing kitchen equipment (see Associated Docs for details). Sandwich cooler & ice maker replaced in last 2 years. Sale also includes all existing FOH furnishings & equipment, including POS system, dining chairs & tables, seat cushions, surround sound speaker system, & TV. All existing paper supplies & food inventory at time of sale also included. Building is shared with a small gym & a private nighttime live music/entertainment venue, so there is ample parking during Burger Burger normal business hours. NDA required for disclosure of full financials. List agent is related to owners of Burger Burger Avon LLC.
Directions
Hwy 12 to Avon. Property is on the corner of NC Hwy 12 and Harbor Rd., at the stop light.Official MLS Disclaimer
The data relating to real estate for sale on this web site comes from the Broker Reciprocity
Program of the Outer Banks Association of REALTORS. This property located at 40618 NC 12 Highway in Avon is provided
courtesy of NC 12 Realty carla@nc12realty.com. Information is believed to be accurate but is not
warranted. Copyrighted by Outer Banks Association of REALTORS. All Rights Reserved. IDX
information is provided by Shore Realty of the OBX exclusively for consumers, personal,
non-commercial use and may not be used for any purpose other than to identify prospective
properties consumers may be interested in purchasing. If this page disappears from this site it
means the property at 40618 NC 12 Highway in Avon is no longer available for sale. If you are interested in this property
or have any questions about buying or selling real estate on the Outer Banks call Shore Realty. Local
252-441-3416
OR 800-647-1868.
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