Listing Details For 7114 S Virginia Dare Trail in Nags Head

1/2
alt
Closing Price:
$7,950,000
7114 S Virginia Dare Trail, Nags Head, NC 27959
null bd
null ba
0 sq ft
MLS #: 123569
Status: Closed

Sold Details

Status: Closed
Sold Price: $7,870,000.00
Closing Date: 10/2/2023
Contract Date: 6/28/2023
Total Days on Market:
Cumulative Days on Market: 2
Due Diligence Date: 9/15/2023

Listing Information

Area: Nags Head between hwys
Mls Status: Closed
Cumulative Days On Market: 2
Listing Price: $7,950,000
Original Listing Price: $7,950,000
Possession: Close Of Escrow
Price Date: 10/3/2023
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Asking Price Per SqFt: $NaN
Year Built: 1945
Sub Type: Restaurant
Roof: Asphalt
Foundation: Masonry, Piling, Slab
Cooling: Central Air, Wall Unit(s)
Heating: Central, Electric, Floor Furnace, Wall Furnace
Flooring: Carpet, Tile
Construction Materials: Frame, Masonry
Building Features: Load Dock/Grade, Partially Fenced, Pole Sign, Roof Sign, Storage Building

Legal Description

County: Dare
Subdivision: Whalebone Bchs
Subdivision Name: Whalebone Beaches- Comp. Map
Deed Book: 1242
Deed Book Page Number: 0007
County Pin Number: 006635000
Price Change: 10/2/2023
Block: 7A

Lot Details

Lot Size Acres: 4.51
Lot Size Square Feet: 196455
Lot Faces: E
Water Frontage: 50
Waterfront: Ocean Front
Property Type: COMMERCIAL/INDUSTRIAL

Property Expenses & Utilities

Tax Year: 2023
Annual Property Taxes: $49,540.00
Water Source: Public
Contract Status Change Date: 10/3/2023
Estimated Annual Fee Amt: $NaN
Sewer: Septic Tank

Financials

Bank/Institution Owned: No
Street Frontage : 800

Rental Income

There is no rental income information available

Listing Agent Remarks

Historical family owned restaurant and motel operated by the same family since 1946. Lots included are 4-13 and 24-26.

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 7114 S Virginia Dare Trail in Nags Head is provided courtesy of Harrell & Associates . 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 7114 S Virginia Dare Trail in Nags Head 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.

Looking for more info about this property or another OBX properties?

We can answer all your questions. Call DIRECT 800-647-1868 or fill out this form and let us know what you need, so we can start to help. It is easier than you think.
Level of Interest
For Immediate Service
252-441-3416 (Local OBX)
800-647-1868 (Toll Free)