6811 S Virginia Dare Trail , Lot 5

    Nags Head, NC 27959
    • $3,900,000
    • STATUS: Active
    • ON SITE: 49 days
    • MLS #: 107507
    UPDATED: 240 min ago
    $3,900,000
    • 0
      BEDS
    • 2.02
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1965
    County:

    School Ratings & Info

    Description

    Come check out this OCEANFRONT MOTEL that has been owned and operated since 1969 on the BEACH ROAD at 16 mile post by the Gladden family. Both motel buildings were reroofed with 30 year architectural shingles along with remodeling several rooms January 2018.When purchased in 1969, it consisted of 12 units in one building. Since, additions were added with a building housing an office with owners quarters along with a 2 room suite and a single rental room upstairs in 1975. In 1985 a TWIN BUILDING was added bringing the rental units up to 25 along with a HEATED INDOOR POOL and matching HOT TUB.Two pools were added outside on the oceanside with decking to satisfy sunbathers. Of those, one is a lap pool for the aquatic exerciser while the other a traditional type. They continued their expansion with a third floor added to the north building in 1993 bringing 5 more KING ROOMS. One includes a larger lounging area with a private triangular jet tub. All rooms overlook both ocean and sound with east and west doors to the balconies, with private balconies overlooking the ocean from the 2nd and 3rd floors. There's 17 regular rooms, and all have a small refrigerator, microwave and a coffee maker. 13 units are efficiencies with small kitchens stocked with refrigerator, small range/oven, microwave, toaster, along with cookware and dishes. Improvements are ongoing, both buildings recently had decks on the wrapped in heavy vinyl and new railings installed. The septic drainfield was completely replaced in June 2019. There's a well for keeping the front yard looking sharp, municipal water for all other purposes. A remote controlled luggage lift conveniently located for suitcases between the 2 buildings. The fish cleaning area is complete with cutting table, water and disposal.The motels location is in the heart of Nags Head, 1 mile north of Jennette's Pier and just across the bypass from Outer Banks Soundside Event Site where eventually a convention center is rumored to happen. Great restaurants and shopping are all in near proximity. Be sure to check the website www.BlueHeronNC.com for more pictures and information.

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    © 2020 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: 2020-01-20T23:37:35.013.
    www.outerbanksrealtygroup.com/homes/101388408

    6811 S Virginia Dare Trail , Lot 5 Nags Head, NC 27959

    • Price: $3,900,000
    • Status: Active
    • Updated: 240 min ago
    • MLS #: 107507
    0
    Beds
    0
    Baths
    0
    ½ Baths
    2.02
    Acres
    1965
    Built
    Neighborhood:
    Nags Head Oceanside
    County:
    Dare
    Area:
    Nags Head Oceanside
    Property Description
    Come check out this OCEANFRONT MOTEL that has been owned and operated since 1969 on the BEACH ROAD at 16 mile post by the Gladden family. Both motel buildings were reroofed with 30 year architectural shingles along with remodeling several rooms January 2018.When purchased in 1969, it consisted of 12 units in one building. Since, additions were added with a building housing an office with owners quarters along with a 2 room suite and a single rental room upstairs in 1975. In 1985 a TWIN BUILDING was added bringing the rental units up to 25 along with a HEATED INDOOR POOL and matching HOT TUB.Two pools were added outside on the oceanside with decking to satisfy sunbathers. Of those, one is a lap pool for the aquatic exerciser while the other a traditional type. They continued their expansion with a third floor added to the north building in 1993 bringing 5 more KING ROOMS. One includes a larger lounging area with a private triangular jet tub. All rooms overlook both ocean and sound with east and west doors to the balconies, with private balconies overlooking the ocean from the 2nd and 3rd floors. There's 17 regular rooms, and all have a small refrigerator, microwave and a coffee maker. 13 units are efficiencies with small kitchens stocked with refrigerator, small range/oven, microwave, toaster, along with cookware and dishes. Improvements are ongoing, both buildings recently had decks on the wrapped in heavy vinyl and new railings installed. The septic drainfield was completely replaced in June 2019. There's a well for keeping the front yard looking sharp, municipal water for all other purposes. A remote controlled luggage lift conveniently located for suitcases between the 2 buildings. The fish cleaning area is complete with cutting table, water and disposal.The motels location is in the heart of Nags Head, 1 mile north of Jennette's Pier and just across the bypass from Outer Banks Soundside Event Site where eventually a convention center is rumored to happen. Great restaurants and shopping are all in near proximity. Be sure to check the website www.BlueHeronNC.com for more pictures and information.
    Exterior Features

    Construction BlockFrameMasonryWood Foundation MasonrySlab Lot Description Beach FrontageCorner Lot Faces W Parking Garage 26-50 SpacesGaragePaved Roof Asphalt/Fiber Shingle Street Frontage 255 View Description OceanSoundSalt Marsh Water Frontage 255 Waterfront Location Oceanfront

    Interior Features

    Air Conditioning CentralWall Unit(S) Floor Covering CarpetVinyl Heating Forced AirHeat PumpWall Unit(S) Hotel Motel Sq Ft 16706 Insulation Yes

    Property Features

    Bank Owned YN No Business Or Real Estate Bus/ Bldg/ Lf Simple Commercial Features Handicap FeaturesIndoor Hot TubIndoor PoolLiving QuartersOutdoor PoolSmoke Alarm Commercial Type Hotel / Motel Documents On File Lead Based Pt. Dis. Financing Options CashCommercial Full Subdivision Name Whalebone Beaches Gross Income Range $400001 - $800000 Possession At Closing Potential Short Sale No Property Features DumpsterUnderground Sprinkler Sewer Septic Private Septic Tax Year 2019 Taxes 12508 Water Municipal WaterWell Zoning Cr

    Listing courtesy of Pat Preston of Shore Realty.


    © 2020 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: 2020-01-20T23:37:35.013.
     
    Outer Banks Realty Group
    PO Box 3009
    Kitty Hawk NC, 27949