Closing Price:
$800,000
$800,000
52715 NC 12 Highway,
Frisco, NC 27936
null bd
null ba
0 sq ft
MLS #: 118194
Status: Closed
Sold Details
Status: Closed
Sold Price: $750,000.00
Closing Date: 4/28/2023
Off Market Date: 3/17/2023
Contract Date: 3/30/2023
Total Days on Market:
Cumulative Days on Market: 366
Due Diligence Date: 4/5/2023
Listing Information
Area: Frisco Oceanside
Mls Status: Closed
Days On Market: 366
Cumulative Days On Market: 366
Listing Price: $800,000
Original Listing Price: $975,000
Possession: Subject To Tenant Rights
Price Date: 4/28/2023
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell
Building Details
Asking Price Per SqFt: $NaN
Year Built: 1974
Sub Type: Multi Unit
Roof: Asphalt
Foundation: Masonry, Piling
Cooling: Heat Pump, Wall Unit(s)
Heating: Heat Pump, Wall Furnace
Flooring: Carpet, See Remarks
Construction Materials: Frame, Wood Siding
Building Features: Dumpster, Partially Fenced, Pole Sign
Legal Description
County: Dare
Deed Book: 0617
Deed Book Page Number: 0808
County Pin Number: 051617003895
Price Change: 4/27/2023
Lot Details
Total Assessed Value: 481800
Lot Size Acres: 2.32
Lot Size Dimensions: 101000
Lot Size Square Feet: 101000
Waterfront: None
Property Type: COMMERCIAL/INDUSTRIAL
Property Expenses & Utilities
Tax Year: 2021
Annual Property Taxes: $2,635.00
Water Source: Public
Contract Status Change Date: 4/28/2023
Estimated Annual Fee Amt: $NaN
Sewer: Septic Tank
Financials
Bank/Institution Owned: No
Rental Income
There is no rental income information availableListing Agent Remarks
Excellent Revenue Producing Property! Located 5 minutes south of the Cape Hatteras Lighthouse! Two story restaurant and rental property located in the heart of Frisco. An island known for its history and tourism! The restaurant is known by many and loved by all who have visited. Well established with loads of character and charm from the moment you step inside. The spacious dining room sits adjacent to the fully equipped kitchen. Currently operating 5 days a week (at present) evening hours only, with a limited menu as well as bakery items. Substantial upgrades have been made in recent years to both the dining room and kitchen with new flooring, cooling system in the kitchen and pizza oven upgrades. The iconic Gingerbread House sits on 3 separate parcels totaling nearly 100,000 sq. ft. The perfect opportunity for your next business adventure. The second story houses a 2-bedroom apartment as well as an efficiency - with the opportunity for an additional 1st floor efficiency to be added. Housing shortage for your staff? Not with this property! Don’t bother wasting your time trying to find the perfect location, being bogged down with construction costs, permits or finding contractors. Step into this ready to operate business because it has it all! With great reviews and a reputation of providing a family friendly atmosphere with delicious pizza, salad and desserts – you don’t want to miss this opportunity!
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 52715 NC 12 Highway in Frisco is provided
courtesy of Colony Realty Corp - 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 52715 NC 12 Highway in Frisco 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.
For Immediate Service
252-441-3416 (Local OBX)
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