Closing Price:
$1,100,000
207 Queen Elizabeth Avenue, Manteo, NC 27954
null bd
null ba
0 sq ft
MLS #: 120743
Status: Closed

Sold Details

Status: Closed
Sold Price: $850,000.00
Closing Date: 1/22/2024
Contract Date: 12/30/2023
Total Days on Market:
Cumulative Days on Market: 420

Listing Information

Area: Manteo-S. of Airport Road
Mls Status: Closed
Days On Market: 420
Cumulative Days On Market: 420
Listing Price: $1,100,000
Original Listing Price: $1,100,000
Possession: Close Of Escrow
Price Date: 1/23/2024
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Asking Price Per SqFt: $NaN
Year Built: 1985
Sub Type: Restaurant

Legal Description

County: Dare
Subdivision: Waterfrnt Condo
Subdivision Name: Waterfront Condos
Deed Book: 2068
Deed Book Page Number: 0009
County Pin Number: 98801962241540
Price Change: 1/22/2024

Lot Details

Waterfront: Soundfront
Property Type: COMMERCIAL/INDUSTRIAL

Property Expenses & Utilities

Tax Year: 2022
Annual Property Taxes: $4,008.00
Contract Status Change Date: 1/23/2024
Estimated Annual Fee Amt: $NaN

Financials

Bank/Institution Owned: No

Rental Income

There is no rental income information available

Listing Agent Remarks

This busy and fully operational waterfront turn-key restaurant is truly a gem! The expansive interior boasts the most incredible views of Festival Park and the docks of Downtown Manteo. Avenue Grille and Goods is an established business that includes a retail shop AND a large multipurpose room that could be used for special events or dining. Multipurpose room is currently being used as a yoga studio (studio business available for optional separate purchase). The large kitchen provides ample room for food prep, line work and has lots of storage for refrigerated and dry goods. All kitchen equipment is newer and in great condition. Walk into the dining room and bar area and you are greeted with a casual upscale environment. Currently there are 60 seats inside and 80 outside, but sellers say 225 seats are allowed. Unlimited potential! Recent updates include: HVAC and most electric and plumbing replaced 2018. New roof 2019. New windows, entire building painted, and concrete resurfaced 2022. Come see this gorgeous treasure of a business for yourself.

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 207 Queen Elizabeth Avenue in Manteo is provided courtesy of CENTURY 21 Nachman Realty C: 252-261-6400. 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 207 Queen Elizabeth Avenue in Manteo 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)
800-647-1868 (Toll Free)