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Listing Details For 6475 N Croatan Highway in Southern Shores

Asking Price:
$3,975,000
6475 N Croatan Highway, Southern Shores, NC 27949
null bd
null ba
0 sq ft
MLS #: 131652
Status: Active

Listing Information

Area: Southern Shores Westside
Mls Status: Active
Days On Market: 6
Cumulative Days On Market: 6
Listing Price: $3,975,000
Original Listing Price: $3,975,000
Possession: Close Of Escrow
Price Date: 1/29/2026
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Asking Price Per SqFt: $NaN
Year Built: 2005
Sub Type: Office
Roof: Asphalt
Cooling: Central Air, Heat Pump
Heating: Electric, Heat Pump
Flooring: Carpet, Ceramic Tile, Tile, Wood, Laminate
Construction Materials: Frame
Building Features: Doors <10', Dumpster, Gutter(s), Outside Storage, Pole Sign, Storage Building, Underground Sprinkler

Legal Description

County: Dare
Subdivision Name: Martin's Point Commercial Lots
Deed Book: 1890
Deed Book Page Number: 424
County Pin Number: 986605283990
Price Change: 1/28/2026

Lot Details

Land Tax Value: $NaN
Total Assessed Value: $NaN
Lot Size Acres: 1.15
Lot Size Square Feet: 50000
Waterfront: Semi-Soundfront
Property Type: COMMERCIAL/INDUSTRIAL

Property Expenses & Utilities

Tax Year: 2025
Annual Property Taxes: $10,119.00
Insurance Expenses: $NaN
Home Owner Insurance Expense: $NaN
Flood Insurance Expense: $NaN
Water Source: Public
Yearly Water Expense: $NaN
Contract Status Change Date: 1/29/2026
Estimated Annual Fee Amt: $NaN
Sewer: Non Conventional Septic

Financials

Bank/Institution Owned: No

Rental Income

There is no rental income information available for this property.

Listing Agent Remarks

Exceptional opportunity to acquire a HIGH-QUALITY, INCOME-PRODUCING MIXED-USE COMMERCIAL PROPERTY in one of the most visible and strategically located corridors on the Outer Banks, positioned at the foot of the Wright Memorial Bridge with PROMINENT HIGHWAY VISIBILITY AND FRONTAGE, offering exceptional exposure along one of the area’s most heavily traveled commercial corridors. The offering includes a TWO-STORY, CLASS A–QUALITY OFFICE BUILDING (constructed in 2005) and a DETACHED MIXED-USE STRUCTURE (2014), providing a rare combination of RESIDENTIAL UNITS AND LARGE-EQUIPMENT STORAGE. The main office building is currently configured into SIX PROFESSIONAL OFFICE SUITES with reception areas, shared lounge spaces, ELEVATOR ACCESS, and FULL ADA COMPLIANCE, reflecting a level of construction quality and long-term ownership care rarely available in today’s limited commercial inventory. The existing office suites feature flexible interior layouts that can be readily reconfigured to accommodate alternate floor plan options or evolving tenant needs. The site offers AMPLE PARKING and ATTRACTIVELY LANDSCAPED GROUNDS with mature vegetation and irrigation, creating a polished and professional environment. ALL 6 OFFICE SUITES AND 2 DWELLING UNITS ARE CURRENTLY OCCUPIED, producing IN-PLACE GROSS ANNUAL INCOME OF $210,605.52, with CONTRACTUAL RENT INCREASES ALREADY SCHEDULED beginning in 2026; based solely on existing leases, projected income increases to approximately $219,887 annually by mid-2026 with additional ESCALATIONS thereafter. The DETACHED REAR BUILDING adds meaningful upside, featuring MULTIPLE TEMPERATURE CONTROLLED STORAGE BAYS with ONE CURRENTLY LEASED AND TWO VACANT, offering immediate lease-up potential, along with 2 INCOME-PRODUCING ACCESSORY UNITS with kitchens, private living areas, and EXPANSIVE DECKS OVERLOOKING THE CURRITUCK SOUND. OWNER FINANCING AVAILABLE AND PREFERRED. Seller will consider COMPETITIVE FIXED-RATE OWNER FINANCING with 20–25 YEAR TERMS. Interest rate and structure are OFFER-DEPENDENT, with more favorable terms available for stronger offers. Seller financing is integral to the transaction structure. TERMS AS COMPETITIVE AS PRICE. This is a RARE OPPORTUNITY to acquire a PROFESSIONALLY MAINTAINED, HIGH-VISIBILITY COMMERCIAL ASSET with STRONG IN-PLACE INCOME, MULTIPLE REVENUE STREAMS, AND SIGNIFICANT VALUE-ADD POTENTIAL in a supply-constrained market.

Directions

At the foot of the Wright Memorial Bridge

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 6475 N Croatan Highway in Southern Shores is provided courtesy of Coldwell Banker Seaside Realty - KDH farrobx@gmail.com. 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 6475 N Croatan Highway in Southern Shores is no longer available for sale.

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