Adult 55+
Address
Ocean Trail Corolla, NC
Price
$ 275,000
Property Attributes
  • MLS#105354
  • TypeCommercial
  • CountyCURRITUCK
  • CityCorolla
  • AreaCorolla Oceanside
  • NeighborhoodBEACHMAR COMMERCIAL CONDO
  • Zip27927
  • Style
  • Year Built1987
  • Taxes922
  • Price$ 275,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
Joe Staten @ Sun Realty - Duck
Property Description

Many options for this prime commercial real estate. Investment property with a national tenant (triple net lease terms) or owner occupy upon lease expiration, or renew lease with the franchise. Perfect opportunity in the heart of the Corolla's business district in largest shopping center in town! Perfect size for the bottom line allowing excellent sales with reasonable overhead. Owning rather than renting allows a savvy business owner to build equity for future retirement. Center has Food Lion, movie theater and additional national chains unlike other commercial spaces in the area. Center has signalized intersection with multiple entrances and exits. This is a commercial shopping destination for weekly vacationers with high visibility and ample parking! Check it out today!

Price History
5/31/2019 Listed $300,000
12/4/2019 4% - $289,900
4/29/2020 6% - $275,000

General Features

Class COMMERCIAL/INDUSTRIAL
Commercial Features Franchise
Construction Block, Masonry, Metal
Cooling Central, Heat Pump
Financing Options Cash, Commercial
Heating Central, Heat Pump
Listing Area Corolla Oceanside
Ownership Owned More than 12 Months
Potential Short Sale No
Roof Rubber
Showing Instructions Appointment Required, Call Agent, See Brokers Notes, ShowingTime, Tenant Occupied, Text To Show
Status Active
Status Active
Subdivision BEACHMAR COMMERCIAL CONDO
Tax Year 2019
Taxes 922
Tenant Pays Association Fees, Electric, Maintenance, Management Fees, Other-See Remarks, Taxes, Water
Type Restaurant
Water Municipal Water
Waterfront Location None
Year Built 1987
Zoning com

Interior Features

Floor Covering Ceramic Tile
Insulation Yes

Exterior Features

Flood Zone X
Foundation Slab
Lot Description Corner
Parking/Garage 101+ Spaces, Off Street, Parking Lot, Paved
Roads Paved, Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 27927

Price
AVG $860K
$280K
Taxes
AVG $2,990
$922
Visits
AVG 16
82
Year Built
AVG 1998
1987
Walkscore
AVG 30
20
Data Provided by Walkscore ® not using MLS data

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