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503 S Croatan Highway

Kill Devil Hills, NC 27948
  • $649,000
  • STATUS: Active
  • ON SITE: 40 Days
  • MLS #: 128156
UPDATED: 46 min ago
$649,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1971
County:

School Ratings & Info

Description

**Prime Commercial Corner Lot in Kill Devil Hills** This high-visibility commercial corner lot is strategically located just south of the Kill Devil Hills Post Office, directly across the street from Captain George's Restaurant and The Outer Banks Brew Station. Situated between the highways with access from Goddard Avenue, this property offers exceptional convenience and accessibility. The property features two separate entrances, providing the potential for dual units. Utilities are shared with a single meter. The first unit boasts a large, welcoming foyer/flex space, an office with a shared full bath, and an additional office space with a half bath. A centrally located kitchenette, with the potential for a sitting area or media room, enhances functionality. The second unit is a spacious room with a half bath, ideal for a massage studio, therapist, accountant, or similar professional use. Projected rental income is approximately $1,700 per month for the larger 1,000 sq. ft space, and $700 per month for the 300 sq. ft. space. An additional $200 per unit brings the total potential income to $26,400 annually. The property also includes a 64' lighted sign for enhanced visibility. This is an outstanding opportunity for a variety of commercial ventures in a prime location.

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© 2025 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: 2025-03-17T23:37:55.373.
www.colonyrealtysales.com/homes/160046093
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503 S Croatan Highway Kill Devil Hills, NC 27948

  • Price: $649,000
  • Status: Active
  • On Site: 40 Days
  • Updated: 46 min ago
  • MLS #: 128156
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1971
Built
Neighborhood:
Kill Devil Hills b/w Hwys
County:
Dare
Area:
Kill Devil Hills b/w Hwys
Property Description
**Prime Commercial Corner Lot in Kill Devil Hills** This high-visibility commercial corner lot is strategically located just south of the Kill Devil Hills Post Office, directly across the street from Captain George's Restaurant and The Outer Banks Brew Station. Situated between the highways with access from Goddard Avenue, this property offers exceptional convenience and accessibility. The property features two separate entrances, providing the potential for dual units. Utilities are shared with a single meter. The first unit boasts a large, welcoming foyer/flex space, an office with a shared full bath, and an additional office space with a half bath. A centrally located kitchenette, with the potential for a sitting area or media room, enhances functionality. The second unit is a spacious room with a half bath, ideal for a massage studio, therapist, accountant, or similar professional use. Projected rental income is approximately $1,700 per month for the larger 1,000 sq. ft space, and $700 per month for the 300 sq. ft. space. An additional $200 per unit brings the total potential income to $26,400 annually. The property also includes a 64' lighted sign for enhanced visibility. This is an outstanding opportunity for a variety of commercial ventures in a prime location.
Exterior Features

Construction Materials Wood Siding Foundation Details Slab Parking Or Garage Parking LotPaved Roof Asphalt

Interior Features

Cooling Central AirHeat Pump Flooring CarpetLaminate Heating CentralHeat Pump Office Sq Ft 1300

Property Features

Bank Or Institution Owned No Building Features Pole Sign Business Or Real Estate Bldg/Land Simple Buyer Financing Cash Lot Description CornerLevel Property Sub Type Office Roads PrivatePaved Sale Or Rent S Sewer Septic Tank Short Sale No Tax Annual Amount 2024.74 Tax Year 2024 Water Source Public Waterfront Features None Zoning C

Listing courtesy of Heather Vandermyde of Coldwell Banker Seaside Realty - KDH: .


© 2025 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: 2025-03-17T23:37:55.373.
 
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Colony Realty Corp
3118 N Croatan Hwy, Suite 103
Kill Devil Hills NC, 27948