148 Irie Lane

    Powells Point, NC 27966
    • $384,900
    • STATUS: Active
    • ON SITE: 117 days
    • MLS #: 105886
    $384,900
    • 0
      BEDS
    • 0.61
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    2005
    County:

    School Ratings & Info

    Description

    One tenant recently exited so this is a rare opportunity to owner occupy the only vacant unit for your business and have the tenants in the other three units subsidize your business and income! If you do not have a personal business need, no problem just lease the vacant unit to increase the already fantastic return on this investment! This building is higher quality than most with unique features not found in other office warehouse buildings. Ample parking with nine spaces in the front of the building and a shared secured limited common area parking lot in the rear provides plenty of additional vehicle parking and equipment storage for any type of tenant business need. Each 1,500 SF ADA compliant unit has 475 SF front office with reception area, private office, kitchenette with refrigerator, and bathroom. Quality construction with upgraded trim, windows, and 6 panel doors. Each unit's warehouse space is 1,025 SF with 20' eve height for vertical expansion options. Roll-up garage and personnel doors for easy access to each warehouse space. Constructed with 2x6 metal studs and non-load bearing walls allow for larger space by combining units. Rear loading bays and fully fenced back lot with 20' rolling gate and surveillance system allow for plenty of secure outside storage of vehicles and equipment. Only 4 miles North of the Outer Banks with excellent visibility and a Hwy 158 road-front sign make this an excellent investment and business opportunity. Property has five PINS: 123F000COMM0002, 123F000002A0000, 123F00000030000, 123F00000040000 and 123F00000050000. The properties are offered for sale as one entire building although each unit has been commercially condo'ed out for future individual sale as/if desired. Both original and second current owner preferred to own and manage the leasing of the entire property but new buyers can sell off individual units if desired comfortable knowing that condo association documents have already been prepared (see Associated Documents) and recorded. Note that the sellers are not interested in selling individual units at this time. Units have sealed concrete or carpet flooring.

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    © 2019 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 Outer Banks Realty Group. Data last updated: 2019-11-13T22:37:35.803.
    www.outerbanksrealtygroup.com/homes/97065734

    148 Irie Lane Powells Point, NC 27966

    • Price: $384,900
    • Status: Active
    • MLS #: 105886
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.61
    Acres
    2005
    Built
    Neighborhood:
    Algonquin Center Condos
    County:
    Currituck
    Area:
    Pt. Harbor to Powells Pt.
    Property Description
    One tenant recently exited so this is a rare opportunity to owner occupy the only vacant unit for your business and have the tenants in the other three units subsidize your business and income! If you do not have a personal business need, no problem just lease the vacant unit to increase the already fantastic return on this investment! This building is higher quality than most with unique features not found in other office warehouse buildings. Ample parking with nine spaces in the front of the building and a shared secured limited common area parking lot in the rear provides plenty of additional vehicle parking and equipment storage for any type of tenant business need. Each 1,500 SF ADA compliant unit has 475 SF front office with reception area, private office, kitchenette with refrigerator, and bathroom. Quality construction with upgraded trim, windows, and 6 panel doors. Each unit's warehouse space is 1,025 SF with 20' eve height for vertical expansion options. Roll-up garage and personnel doors for easy access to each warehouse space. Constructed with 2x6 metal studs and non-load bearing walls allow for larger space by combining units. Rear loading bays and fully fenced back lot with 20' rolling gate and surveillance system allow for plenty of secure outside storage of vehicles and equipment. Only 4 miles North of the Outer Banks with excellent visibility and a Hwy 158 road-front sign make this an excellent investment and business opportunity. Property has five PINS: 123F000COMM0002, 123F000002A0000, 123F00000030000, 123F00000040000 and 123F00000050000. The properties are offered for sale as one entire building although each unit has been commercially condo'ed out for future individual sale as/if desired. Both original and second current owner preferred to own and manage the leasing of the entire property but new buyers can sell off individual units if desired comfortable knowing that condo association documents have already been prepared (see Associated Documents) and recorded. Note that the sellers are not interested in selling individual units at this time. Units have sealed concrete or carpet flooring.
    Exterior Features

    Construction Metal Foundation Slab Lot Description Adj. To Common AreaCommon AreaEasement(S)Level Parking Garage Parking LotPavedOff Street Roads PavedPrivate Roof Metal Waterfront Location None

    Interior Features

    Air Conditioning Wall Unit(S) Floor Covering CarpetConcreteVinyl Heating Electric Insulation Yes Office Sq Ft 1900 Warehouse Sq Ft 4100

    Property Features

    Bank Owned YN No Business Or Real Estate Bldg/Land Simple Commercial Features Closed Circuit T.V.Grade LoadingHandicap Features Commercial Type Warehouse Documents On File As-Built SurveyRecorded PlatCondo DocumentsLease HistoryExpense History Financing Options CashCommercial Flood Zone X Gross Income Range Call Agent Percent Of Units Leased 75 Possession At ClosingSubject To Tenancy Potential Short Sale No Property Features Doors 11-15'Door SignDumpsterFully FencedGutter(S)Outside StoragePole Sign Sewer Septic Private Septic Tax Year 2019 Taxes 1142.4 Water Private WaterWell Zoning Gb

    Listing courtesy of Joe Staten of Sun Realty - Duck.


    © 2019 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 Outer Banks Realty Group. Data last updated: 2019-11-13T22:37:35.803.
     
    Outer Banks Realty Group
    PO Box 3009
    Kitty Hawk NC, 27949