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33301 Highway 264

Engelhard, NC 27824
  • $529,000
  • STATUS: Active
  • ON SITE: 142 Days
  • MLS #: 122130
UPDATED: 87 min ago
$529,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1996
County:
Area:

School Ratings & Info

Description

Martelle's Feed House is for sale! What an amazing opportunity to own this iconic profitable restaurant located in the coastal North Carolina town of Engelhard which is in Hyde County. Martelle's was established in 1997 as a BBQ restaurant and catering business. Because of it's success an expansion took place in 2003 bringing the seating from 40 to over 150 and creating the popular oyster bar. The menu was expanded as well and there are quite a few folks that'll tell you that the Martelle's Feed House is their favorite restaurant in the whole state. Locals and tourists alike will regularly make the trip from the Outer Banks, which is less than an hour away, to dine here. Beef, pork, fresh seafood and fresh seasonal vegetables are what keep folks coming back. It doesn't matter what color your collar is, everybody is the same at Martelle's. The atmosphere in the main dining room is highlighted by antiques acquired from old local country stores and artwork reflecting the major industries of this coastal county... farming, hunting and fishing. The oyster bar has a sports bar feel with bar seating at the 16' L shaped custom bar, the 4' tall raised bar tables and chairs, big screen TVs but with a healthy dose of the county's waterfowling heritage. In this social media age, there are endless possibilities for this venue. I've heard someone mention the possibility of converting it into a high end hunting lodge for fall and winter and a corporate retreat for spring and summer. At almost 7000 heated square feet, with county water and sewer, a large fully functional and fully equipped commercial kitchen, the bar, the 640# ice maker and the 8'x16' walk in cooler...that's not a bad idea. A comprehensive equipment list can be found in the Property Documents section of the listing. Don't miss this opportunity. Showings and financials are available for qualified buyers.

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© 2023 Outer Banks Association of Realtors MLS. IDX information is provided 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Colony Realty Corp. Data last updated: 2023-09-22T18:37:55.533.
www.colonyrealtysales.com/homes/139131189
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33301 Highway 264 Engelhard, NC 27824

  • Price: $529,000
  • Status: Active
  • On Site: 142 Days
  • Updated: 87 min ago
  • MLS #: 122130
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1996
Built
Neighborhood:
Hyde County
County:
Hyde
Area:
Hyde County
Property Description
Martelle's Feed House is for sale! What an amazing opportunity to own this iconic profitable restaurant located in the coastal North Carolina town of Engelhard which is in Hyde County. Martelle's was established in 1997 as a BBQ restaurant and catering business. Because of it's success an expansion took place in 2003 bringing the seating from 40 to over 150 and creating the popular oyster bar. The menu was expanded as well and there are quite a few folks that'll tell you that the Martelle's Feed House is their favorite restaurant in the whole state. Locals and tourists alike will regularly make the trip from the Outer Banks, which is less than an hour away, to dine here. Beef, pork, fresh seafood and fresh seasonal vegetables are what keep folks coming back. It doesn't matter what color your collar is, everybody is the same at Martelle's. The atmosphere in the main dining room is highlighted by antiques acquired from old local country stores and artwork reflecting the major industries of this coastal county... farming, hunting and fishing. The oyster bar has a sports bar feel with bar seating at the 16' L shaped custom bar, the 4' tall raised bar tables and chairs, big screen TVs but with a healthy dose of the county's waterfowling heritage. In this social media age, there are endless possibilities for this venue. I've heard someone mention the possibility of converting it into a high end hunting lodge for fall and winter and a corporate retreat for spring and summer. At almost 7000 heated square feet, with county water and sewer, a large fully functional and fully equipped commercial kitchen, the bar, the 640# ice maker and the 8'x16' walk in cooler...that's not a bad idea. A comprehensive equipment list can be found in the Property Documents section of the listing. Don't miss this opportunity. Showings and financials are available for qualified buyers.
Exterior Features

Lot Description Level Parking Garage 51-100 SpacesParking LotUnpaved Roads PavedPublic Roof Metal Waterfront Location None

Interior Features

Air Conditioning Central Floor Covering ConcreteTile Heating Heat Pump Insulation Yes Restaurant Sq Ft 6948

Property Features

Bank Owned YN No Business Or Real Estate Bus/ Bldg/ Lf Simple Commercial Features Smoke Alarm Commercial Type Restaurant Financing Options CashCommercial Gross Income Range $800001 - $1.6 M Possession At Closing Potential Short Sale No Sewer Septic Municipal Sewer Tax Year 2022 Taxes 2498 Water Municipal Water Zoning None

Listing courtesy of Bryan Dehart of Nc Land And Farms Inc Dba Mossy Oak Properties: .


© 2023 Outer Banks Association of Realtors MLS. IDX information is provided 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Colony Realty Corp. Data last updated: 2023-09-22T18:37:55.533.
 
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Colony Realty Corp
3118 N Croatan Hwy, Suite 103
Kill Devil Hills NC, 27948