Closing Price:
$850,000
25150 NC Highway 12, Waves, NC 27982
null bd
null ba
0 sq ft
MLS #: 112650
Status: Closed

Sold Details

Status: Closed
Sold Price: $900,000.00
Closing Date: 7/15/2022
Contract Date: 6/3/2022
Total Days on Market:
Cumulative Days on Market: 488
Due Diligence Date: 6/17/2022

Listing Information

Area: Waves Soundside
Mls Status: Closed
Days On Market: 488
Cumulative Days On Market: 488
Listing Price: $850,000
Original Listing Price: $1,550,000
Possession: Close Of Escrow
Price Date: 7/16/2022
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Asking Price Per SqFt: $NaN
Year Built: 2005
Sub Type: Multi Unit
Roof: Asphalt
Foundation: Piling
Cooling: Heat Pump
Heating: Heat Pump
Flooring: Tile
Construction Materials: Frame, Wood Siding
Building Features: Dumpster, Door Sign, Pole Sign, Roof Sign

Legal Description

County: Dare
Deed Book: 1595
Deed Book Page Number: 0463
County Pin Number: 065813021632
Price Change: 7/15/2022

Lot Details

Waterfront: Soundfront
Property Type: COMMERCIAL/INDUSTRIAL

Property Expenses & Utilities

Tax Year: 2021
Annual Property Taxes: $2,289.00
Water Source: Public
Contract Status Change Date: 7/16/2022
Estimated Annual Fee Amt: $NaN
Sewer: Septic Tank

Financials

Bank/Institution Owned: No

Rental Income

There is no rental income information available

Listing Agent Remarks

NEW UPGRADES HAVE BEEN COMPLETED: Stair’s front and rear have been replaced. MAJOR UPGRADES to the kitchen, the floors have been epoxied, walls repainted, and air ducts replaced. Decks, windows, and shingle shakes have been powered washed and looks terrific. Kitchen and bathrooms freshly painted, and dining room and wait station floors sealed and buffed. These are just a few of the enhancements. New pictures coming soon! MJSM Enterprises, LLC is offering the chance of a lifetime to an enterprising investor. This “OBX” turnkey Real Estate venture with an already delivering established revenue stream is an opportunity you do not want to miss. Strategically well-situated in the middle of “tri-villages,” the commercial property with frontage on Hwy 12 includes a 2-story building – for 16 years, the first floor has been and remains the home of Atlantic Coast Café, the second floor includes office space and a two-bedroom apartment with great views. With the 2.4 mile “Jug Handle” bridge due to open this year, guest stays, and the retail season are guaranteed to increase and remain steady. Don't wait - call today! This remarkable business opportunity is a savvy investor’s dream come true!

Directions

Located along the west side of Highway 12, just north of Lela Court, in Waves.

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 25150 NC Highway 12 in Waves is provided courtesy of Brindley Beach Vacations & Sales - Frisco . 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 25150 NC Highway 12 in Waves 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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