$454,500 520 Old Stoney Road Corolla, NC

MLS: 86377   Type: Commercial   County: Currituck   City: Corolla   Area: Corolla Westside   Neighborhood: Ocean Club Ctr   Zip: 27927   Style: Restaurant     Taxes: $2,340

Mortgage $2,134 /mo



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Superb opportunity to own an income producing restaurant in Corolla with an 8% CAP Rate! 3,380 square feet featuring two dining rooms, a bar area, ample seating (previously approved for 92 seats!) plus storage and plenty of parking. The large kitchen comes with a pizza oven and hood. Ocean Centre Condominiums are located in Corolla on the Outer Banks of North Carolina, which attract millions of tourists and visitors annually. The restaurant is conveniently located near The Currituck Club, The Currituck Visitors Center, area shopping, restaurants, golf, tennis, and more. Mega-Potential!

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Price History

8/1/2016 Listed $459,500
9/6/2017 2% - $454,500

Bank Owned Y/n No
Construction Frame, Wood
Financing Options Cash, Commercial
Listing Status Active
Status Active
Subdivision Y/N Ocean Club Ctr
Type Restaurant
Zoning Comm

Interior Features

Cooling Central, Heat Pump
Floor Covering Carpet, Ceramic Tile
Heating Central, Heat Pump
Total Number of Units 1

Exterior Features

Flood Zone X
Foundation Slab
Lot Description Level, Water Frontage
Parking/Garage 51-100 Spaces, Parking Lot, Paved
Roof Asphalt/Fiber Shingle
View Pond
Water Municipal Water

Property Schools

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Gallery (21 photos)

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Property vs Zip Code Avg (27927)

Price 454K Avg 537K

Taxes $2,340 Avg $2,413

Visits 140 Avg 82

Days on Site 1,139 Avg 589

Walkscore® 14 Avg 30

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Listing Provided Courtesy Of: Bobby Harrell @ Harrell & Associates

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Location & Address

Alex Argiroff
3921 Pineway Drive
Kitty Hawk, NC