50840 Nc Highway 12

Description

Calling all investors and those who are looking for a business opportunity on the southern end of Hatteras Island. A remarkable opportunity like this doesn't come along often. At Milepost 65 in Frisco, "Pamlico Corner" is located along NC Highway 12 boasting over 250 feet of highway frontage, but also borders Timber Trail leading into the wooded and soundfront residential community of Indiantown Shores. Situated on approximately 1.6 acres, this corner lot allows for 2 entrances to a connected front and rear parking area with more than 25 spaces. It gets better. This is a two-story building with multiple revenue streams. The second floor encompasses two residential apartments. Each apartment is approximately 1250 square feet and has 2 bedrooms, 1.5 baths, vaulted ceilings in the very spacious great room, private laundry and eave storage areas. The lower level is all retail/commercial space leased to 5 individual businesses including an ice cream shop (included in sale), a real estate office, a massage and wellness center, counseling services and escape rooms. As the new owner, you would have immediate access to the office space and adjacent ice cream shop space as the current owners occupy these units and will not remain on premise after the sale. Is there a business that you would like to start on Hatteras Island? Many upgrades have been made to most areas of the building including a full remodel of one of the apartments, the office space and the ice cream shop space. The exterior was painted and the roof was replaced in 2020. Decking and new railings were added in 2022. The septic system was replaced in 2024. Maintenance is performed annually on the HVAC systems, nearly all of the appliances in the units are less than 5 years old. "Pamlico Corner" is ready to help a new owner's dreams come true!