Asking Price:
$1,495,000
$1,495,000
40594 NC 12 Highway,
Avon, NC 27915
null bd
null ba
0 sq ft
MLS #: 134369
Status: Active
Listing Information
Area: Avon Soundside
Mls Status: Active
Days On Market: 1
Cumulative Days On Market: 164
Listing Price: $1,495,000
Original Listing Price: $1,495,000
Possession: Close Of Escrow
Price Date: 10/14/2026
Ownership: Owned 12 Months or less
Listing Type: Exclusive Right To Sell
Building Details
Asking Price Per SqFt: $NaN
Year Built: 2004
Sub Type: Restaurant
Roof: Asphalt
Foundation: Piling
Cooling: Central Air, Heat Pump
Heating: Central, Electric
Flooring: Wood
Construction Materials: Frame, Wood Siding
Building Features: Dumpster, Gutter(s), Outside Storage, Pole Sign, Storage Building
Legal Description
County: Dare
Deed Book: 2545
Deed Book Page Number: 435
County Pin Number: 064017210840
Price Change: 10/13/2026
Lot Details
Land Tax Value: $NaN
Total Assessed Value: $NaN
Lot Size Dimensions: 35823
Waterfront: Semi-Oceanfront (2nd row)
Property Type: COMMERCIAL/INDUSTRIAL
Property Expenses & Utilities
Tax Year: 2026
Annual Property Taxes: $3,337.00
Insurance Expenses: $NaN
Home Owner Insurance Expense: $NaN
Flood Insurance Expense: $NaN
Water Source: Public
Yearly Water Expense: $NaN
Contract Status Change Date: 10/14/2026
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
Here is your chance to own one of Avon’s most loved and established restaurants! The Mad Crabber has been family-owned and operated since 1991, serving generations of Hatteras Island locals and vacationers who return year after year for great food and a familiar, welcoming atmosphere. With more than 35 years of history on the Outer Banks, The Mad Crabber has built a loyal following and a reputation that would take years for a new restaurant to establish.
Located in the heart of Avon, this well-known restaurant offers an incredible opportunity for an experienced restaurateur or someone looking to get into the restaurant business on Hatteras Island. The current owners have taken pride in maintaining the property, and the restaurant is fully operational, offering a great opportunity to step into an established business with a recognizable name and loyal customer base.
One of the biggest opportunities here is the potential to increase revenue! The Mad Crabber currently operates for dinner only, approximately six months out of the year. Imagine the possibilities for a new owner who chooses to expand operations to include breakfast, lunch, and dinner, or extend the season to take advantage of the growing shoulder-season business on Hatteras Island. There is tremendous potential to build on what the current owners have already established.
And there's more! Included in the sale is an additional 15,000-square-foot parcel with access from Harbor Road. This extra land opens the door to even more possibilities, including a catering kitchen, expanded parking, outdoor dining, special events, or potentially employee housing, subject to applicable permits and approvals. The additional parcel could also be held for future expansion or investment.
Another great opportunity! The seller would consider short-term owner financing with an acceptable offer and substantial down payment. Terms are negotiable, giving a qualified buyer additional flexibility when purchasing this established Hatteras Island restaurant.
Opportunities like this don't come along often on Hatteras Island! You're not just purchasing a restaurant; you're purchasing a business with decades of name recognition, an established customer base, a well-maintained property, and additional land with room to grow. Whether you want to continue the tradition that has made The Mad Crabber a local favorite or bring your own ideas to the table, this is an opportunity worth taking a closer look at!
Directions
(none)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 Midgett Realty - Rodanthe C: 252-996-0124. 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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