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800-647-1868
Asking Price:
$1,999,999
40594 NC 12 Highway, Avon, NC 27915
null bd
null ba
0 sq ft
MLS #: 131870
Status: Active

Listing Information

Area: Avon Soundside
Mls Status: Active
Listing Price: $1,999,999
Original Listing Price: $1,999,999
Possession: Close Of Escrow
Price Date: 2/19/2026
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Asking Price Per SqFt: $NaN
Year Built: 2004
Sub Type: Restaurant
Roof: Asphalt
Cooling: Central Air
Heating: Central
Construction Materials: Frame

Legal Description

County: Dare
Deed Book: 2545
Deed Book Page Number: 435
County Pin Number: 064017210840
Price Change: 2/18/2026

Lot Details

Land Tax Value: $NaN
Total Assessed Value: $NaN
Lot Size Acres: 0.83
Lot Size Square Feet: 36000
Waterfront: None
Property Type: COMMERCIAL/INDUSTRIAL

Property Expenses & Utilities

Tax Year: 2025
Annual Property Taxes: $3,072.00
Insurance Expenses: $NaN
Home Owner Insurance Expense: $NaN
Flood Insurance Expense: $NaN
Water Source: Public
Yearly Water Expense: $NaN
Contract Status Change Date: 2/19/2026
Estimated Annual Fee Amt: $NaN
Sewer: Septic Tank

Financials

Bank/Institution Owned: No
Fuel Tanks: Leased

Rental Income

There is no rental income information available for this property.

Listing Agent Remarks

A rare opportunity to own one of Avon’s most established and beloved dining destinations. The Mad Crabber has been family-owned and operated since 1991, serving generations of locals and Outer Banks visitors with the kind of consistency and hospitality that builds lifelong repeat customers. While the restaurant has operated in its current location for a shorter period of time, the brand itself has been successfully established for over three decades. Located in the heart of Avon, this well-known restaurant benefits from steady seasonal tourism and strong community loyalty. For years, the owners have carefully maintained the building with consistent upkeep and attention to detail, preserving both its charm and functionality. The restaurant is fully operational and positioned for continued success under new ownership, offering a true turnkey opportunity in a thriving coastal market. Included in the sale is the adjacent 15,000 square foot parcel, which allows additional entry from Harbor Road. This added flexibility creates significant value and future potential. The extra lot could be utilized for expanded parking, outdoor dining or event space, future employee housing, or held as an investment for expansion down the road. Opportunities to acquire a long-standing, highly recognized restaurant with additional land in the heart of Hatteras Island are exceptionally rare. Whether you’re an experienced restaurateur looking to expand or an investor seeking a proven, income-producing property in the Outer Banks, The Mad Crabber presents both stability and upside potential in one of the island’s most desirable commercial areas.

Directions

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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 40594 NC 12 Highway in Avon is provided courtesy of Resort Realty - Frisco C: 252-995-5500. 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 40594 NC 12 Highway in Avon is no longer available for sale.
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