Foreclosure
Address
1196 Ocean Trail Corolla, NC
Price
$ 950,000
Property Attributes
  • MLS#111790
  • TypeCommercial
  • CountyCURRITUCK
  • CityCorolla
  • AreaCorolla Westside
  • Zip27927
  • Style
  • Year Built1989
  • Taxes5763
  • Price$ 950,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.52 Acres
Listing Provided Courtesy Of:
Rob A Ladd @ Twiddy & Co. - Duck
Property Description

Unique opportunity to own high exposure commercial property! This corner lot is zoned General Business and has 165 feet of highway frontage on NC 12/Ocean Trail with additional frontage on Persimmon St. The building comes equipped with nine separate HVAC units and electric meters, four gas fireplaces, seven half baths and another half bath rough-in. Current layout has five potential retail/office spaces on ground level and top floor has four separate office suites (SEE VIRTUAL TOUR). Two storage buildings are located on the rear of the property. With some refurbishing, these units can be transformed into trendy office or retail spaces with abundant parking just steps away.

Price History
11/8/2020 Listed $950,000

General Features

Class COMMERCIAL/INDUSTRIAL
Construction Frame, Wood
Cooling Central, Heat Pump, Zoned
Docs on File Land Survey
Financing Options Bank Owned, Cash, Commercial
Flood Zone X
Heating Central, Heat Pump, Zoned
Listing Area Corolla Westside
Ownership Owned 12 Months or less
Potential Short Sale No
Roof Asphalt/Fiber Shingle
Showing Instructions Call Agent, EL LB-No CBS, Vacant
Status Active
Status Active
Subdivision NC
Tax Year 2020
Taxes 5763.98
Type Office
Water Municipal Water
Waterfront Location None
Year Built 1989
Zoning GB

Interior Features

Floor Covering Carpet, Vinyl, Wood
Insulation Ceiling, Wall, Yes
Total Number of Units 9

Exterior Features

Approx.lot Sqft 22651
Foundation Slab
Land Value 373700
Lot Description Corner, Level
Lot Faces (n,e,w,s) E
Parking/Garage 1-25 Spaces, Paved
Roads Paved, Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • 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 $800K
$950K
Taxes
AVG $2,990
$5,763
Visits
AVG 28
9
Year Built
AVG 1998
1989
Walkscore
AVG 32
48
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.