Outer Banks Commercial Real Estate

The Ultimate Hatteras Island Live-Work-Invest Opportunity! Prime Highway 12 Mixed-Use Commercial Property with Residential Income & Development Potential. Rare commercial real estate opportunity in the heart of Salvo on Hatteras Island. This high-visibility Highway 12 property offers a versatile mixed-use layout featuring commercial showroom space, operational/storage areas, and a residential apartment consisting of one studio and two one-bedroom units. Ideal for owner occupancy, employee housing, vacation rentals, or additional income, the residential component adds flexibility rarely found in Outer Banks commercial properties. Private decks, ocean and sound views, and a prime location in one of the area's busiest tourism corridors further enhance the property's appeal. The property's value extends beyond its current use. A grease trap has already been installed, and prior approvals were obtained for an ice cream shop and smoothie bar concept, creating additional opportunities for food service, café, coffee shop, restaurant, retail, or other commercial ventures. This added infrastructure significantly expands the property's potential and mixed-use value. Positioned within a thriving Outer Banks vacation market, this property offers exceptional potential for retail, recreation, service-based businesses, mixed-use operations, or investment purposes. The opportunity grows even larger with the adjacent cleared parcel (MLS #133237), also owned by the sellers and must be included via separate contract in the sale of commercial building. Zoned S-1 Special District, the neighboring lot offers additional flexibility for commercial expansion, mixed-use development, workforce housing, lodging, or future investment opportunities. For buyers interested in continuing the property's current use, equipment, rental inventory, golf carts, fixtures, and merchandise may be available through separate purchase between buyer and seller. Whether you're seeking an Outer Banks commercial investment, mixed-use property, live-work opportunity, or future development site, properties offering this combination of location, flexibility, residential income, and expansion potential are increasingly rare on Hatteras Island.

Step into a rare opportunity to own a renovated, turn-key, motel PLUS a separate Cottage (built in 2019) and a 12’x28’ salt-water swimming pool in the heart of Ocracoke Village! The Sand Dollar Motel is part of Ocracoke’s local history, an independent working motel where timeless 1950's charm meets modern comfort. Its walkable village location is close to restaurants, shopping, Silver Lake Harbor and just minutes from the beach. This 12-unit motel with renovated Owner’s Quarters (1 bed/1 bath, full kitchen & living area), laundry room & attached office captures the nostalgic spirit of Ocracoke while delivering the upgrades and amenities today's guests expect. The Sand Dollar Motel offers visitors a chance to experience the charm and simplicity of Ocracoke's early vacation era while enjoying a fully modernized stay. Completely renovated (2021), there are 6 ground-floor guest rooms with bright interiors featuring updated flooring, bedding and bathrooms,1 spacious efficiency apartment with kitchen, and 5 additional rooms located on the second floor (with tongue-and-groove, knotty-pine walls.) The new Sand Dollar Cottage with front deck was built in 2021 and has 2 bedrooms, 1 bathroom, vaulted ceilings, open living & dining areas, and a kitchen with stainless steel appliances and beautiful, white cabinetry. This investment opportunity is truly unique, and the business has room to grow! A great opportunity to live on Ocracoke and work for yourself- to be your own boss. It is seldom an opportunity like this becomes available on Ocracoke; don’t let it pass you by.

Custom built multipurpose space on over 2 acres. Show room, workshop, warehouse, and loft. This was a cabinet shop that can be used for storage, store front, wood working or boat building. Great opportunity!

3-bedroom, 1-bath home located in the heart of Kill Devil Hills on a commercial-zoned lot offering endless possibilities. Whether you're looking for a primary residence, second home, investment property, business location, or future redevelopment opportunity, this property provides exceptional flexibility. The property features abundant storage space underneath the home, providing plenty of room for tools, equipment, beach gear, or workshop needs. Well-maintained and primarily used as a second home, the property includes an HVAC system and hot water heater installed in 2015. Conveniently located near shopping, dining, beaches, and local attractions. Property is being sold as-is.

This 8-unit condo complex with ocean views is located in the heart of Kill Devil Hills between the highways on Third Street. Multiple units have been renovated within the last year. This rental property has historically low vacancy rates and could be used for either long-term or vacation rental. The Pin numbers for each condo are as follows: Unit 101 - 98841047519301; Unit 102 - 98841047519302; Unit 103 - 98841047519303; Unit 104 - 98841047519304; Unit 201 - 98841047519305; Unit 202 - 98841047519306; Unit 203 - 98841047519307; Unit 204 - 98841047519308 All condos to be sold as one and not be sold individually. Rental Income estimates vary from firm to firm and may include money that does not go to the owner, such as cleaning fees, administrative charges or services. Buyers are encouraged to investigate how rates, fees, commissions, regulations and policies apply to specific properties before expiration of the due diligence period. It is the buyer's responsibility to determine and execute a rental management contract that best suits their needs. VRBO, Air BnB and similar rent by owner websites are handled differently. Consult legal counsel regarding rental disbursement. Additionally, the Buyer is advised to check on any short-term rental restrictions.

This is a rare opportunity to secure a highly visible commercial property in Kitty Hawk’s most heavily traveled corridors—an ideal setting for a wide range of business concepts well beyond traditional office use. Positioned on three-quarters of an acre with exceptional exposure along Highway 158, this property offers the flexibility today’s entrepreneurs and investors are seeking, whether the vision is a restaurant, retail destination, service-based business, medical use, or hospitality concept. The site is well-suited for customer-focused operations, with two driveways providing direct access from the main highway, a drive-through window already in place, and ample on-site parking for 16 spaces. A proposed septic plan allows for expansion to accommodate a restaurant with up to 34 seats, opening the door to food and beverage concepts with indoor seating—an increasingly valuable asset in this high-traffic location. An attached list of permitted beach commercial uses further highlights the breadth of possibilities available here. Inside, the existing layout easily adapts to many future configurations. A large welcoming lobby, reception area with space for multiple workstations, four private offices, a fully equipped kitchen, two bathrooms, storage rooms, and attic space provide a solid framework that can evolve with changing business needs. Whether reimagined as retail space, professional suites, a medical practice, or a customer-oriented service operation, the building lends itself to creative re-use and thoughtful expansion. Zoned General Beach Commercial (BC-2), the property allows for a broad spectrum of uses, with generous development standards that add to its long-term value. Setbacks include 15 feet front, 10 feet side, and 20 feet rear, with maximum lot coverage of 60%—or up to 72% with permeable pavement—and a maximum building height of 35 feet. These allowances create meaningful opportunities for future growth or redevelopment. Currently leased through 2026, with the tenant covering all expenses, including taxes and insurance, the property offers immediate income along with significant upside potential. With its prime location, adaptable footprint, and zoning flexibility, this is a standout investment for anyone looking to establish or expand a commercial presence on the Outer Banks—today and for years to come.

Live music on the deck Monday through Friday during the summer months. Income-producing oceanfront commercial investment with approximately 25% gross return and some owner financing available for up to 5 years at 5% APR. The property features a privately owned pier extending approximately 450 feet into the Atlantic Ocean, with approximately 445 feet of direct ocean frontage, an established retail operation, and a 39-space income-producing parking lot. Financials available upon request. The existing parking lot mortgage will be satisfied at closing, resulting in improved net operating income for the future owner. With over 1.8 acres across four parcels, Rodanthe Pier is a well-known and historic Outer Banks landmark, originally established in the 1960s and long recognized as a destination for both locals and visitors. The property benefits from consistent seasonal traffic, strong visibility, and repeat tourism within one of the most traveled coastal corridors in the region. The asset offers multiple income streams with additional upside potential through expansion into food and beverage service, event use, or enhanced retail operations, subject to local regulations. The property has also been featured in film and continues to attract visitors for its oceanfront setting, fishing access, and recreational appeal. Included in the sale is an additional unbuildable oceanfront parcel located south of the pier, providing expanded beach frontage, added privacy, and further control of the surrounding footprint. Property includes the following parcels: 24251 Atlantic Dr (PIN 065809168447) 24249 Atlantic Dr (PIN 065809166541) 24247 Atlantic Dr (PIN 065809166548) 24095 Ocean Dr (PIN 065809168245)

Rare Mixed-Use Downtown Opportunity – Completely Turnkey! This unique mixed-use property presents a rare opportunity to own an iconic downtown commercial restaurant space complete with attached residential accommodations, established short-term rental income, and additional third-floor living or development potential. Located in the heart of downtown, this fully turnkey property features an established commercial restaurant on the main level with seating for 48 guests, offering strong visibility, charm, and operational flexibility. Designed for a seamless transition, the restaurant is positioned for an owner-operator, investor, or hospitality entrepreneur ready to step into an existing downtown destination. The second floor currently operates as a successful income-producing Airbnb, generating exceptional supplemental revenue while offering attractive live/work or investment flexibility. Adding even greater value, the third floor presents exciting opportunities for expanded living space, owner’s quarters, luxury suite, creative studio, additional short-term rental accommodations, or future development potential. Combining commercial success, residential versatility, proven income streams, and expansion opportunity, this rare downtown property is a truly exceptional turnkey investment and lifestyle opportunity ready for its next chapter.

*Commercial Opportunity: Priced to Move, As it stands and it’s current condition.** This strategically located property is easily accessible from nearby campgrounds, residential neighborhoods, and hotels, presenting a remarkable opportunity for potential buyers. Consider transforming this building into more than just a restaurant; the possibilities abound for an enterprising individual. Since its inception in 1995, this iconic eatery has enchanted both locals and visitors with its inviting atmosphere, served from a charming, rustic screened porch. The venue accommodated restaurant patrons across its quaint dual-level screened porches, showcasing eclectic decor that embodies the spirit of the island.

This casual restaurant pub occupies one of Colington’s most visible, high traffic corridors, offering a prime mix of exposure, smooth operation, and welcoming atmosphere. Fully equipped and carefully maintained, it lets new owners step in and start serving from day one, no renovations required. A favorite among locals and visitors, the property offers an inviting indoor-outdoor setting, making it an ideal spot for family dinners, game-day gatherings, or simply relaxing after a day at the beach. Inside, guests enjoy a welcoming, low-key dining space featuring multiple TVs for watching sports, a friendly bar, and a menu offering pizza, wings, burgers, sandwiches, and more. The laid-back atmosphere encourages patrons to linger and unwind, whether grabbing a quick bite or settling in for an evening with friends. Outside, guests gather at picnic tables in a casual, summertime beach-style environment. A small platform stage regularly hosts local musicians, creating a lively atmosphere perfect for enjoying good food, cold drinks, and live entertainment- a draw for both locals and seasonal visitors. With on-site parking, strong road visibility, and a proven customer base, this property combines location, turnkey condition, and laid-back charm into a straightforward path to ownership. Contact the listing agent today to find out firsthand how this relaxed community favorite can become your next successful venture.

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