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Commercial For Sale
525 S Highway 64/264
Manteo, North Carolina 27954
Dare CountyWaterfront:
YesCommunity:
$759,300
0 br, 0.0 bath
0 sq. ft.
4.640 acres
WATERFRONT DEVELOPMENT OPPORTUNITY! A LARGE PORTION IN X FLOOD ZONE Approximately 4.64 acres of waterfront commercial real estate located on the primary highway in Manteo, between Darrells Restaurant and the Christmas Shop. 321 feet of road frontage offers great visibility on the high traffic corridor of Roanoke Island. The parcel has been cleared except for the original parking lot, that is in an X flood zone, which overlooks Shallowbag Bay and the salt marshes.. Proformas have been prepared for a 40 and 60 room inn, also a previous buyer proposed 90 motel that appeared to fit the site. A mixed use project with commercial on the first floor and residential on the second and third floors should do well in the location. The parcel includes approximatEly 74,791 sqft of buildable uplands(subject to verification), 1000' of canal frontage leading out to Shallowbag Bay, and 127' of sound frontage! ENDLESS OPPORTUNITIES Other needs for the area are townhomes, multifamily, or single family homes(SKETCH PLAN ON FILE FOR 8 SINGLE FAMILY LOTS) all of which could have access to the sound through the existing canal that adjoins the property.
Interior:
- Bedrooms: 0
- Baths: 0.0
- Sq Ft: 0
- Year Built: 0
- Utilities:
- Fireplaces:
- Stories:
- Heat/AC:
- Garage:
Exterior:
- Lot Size: 4.640 acre
- Lot Dimensions:
- Waterfront: Yes
- View Types:
- Yard:
- Siding:
- Roof: Unknown
- Property Taxes: $5,376
- MLS #: 117328
Ad Number: 2326354
Viewed 355 times.
Updated: Jan 25, 2024
This property is a Commercial located at 525 S Highway 64/264, Manteo, North Carolina 27954, and is currently For Sale at $759,300. This Commercial has 0 bedrooms, 0.0 baths, 0 sq ft.
Listing Agent: Bobby Harrell, Harrell & Associates, 252-473-7804, 252-441-7887
Listing Site, Listing Status: Active
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