25150 NC Highway 12 Lot 1 $900,000


    25150 NC Highway 12 Lot 1 Waves, NC 27982

    SOLD 7/15/2022


    Market Estimate
    • Commercial
    • MLS# 112650
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    Property Details

    NEW UPGRADES HAVE BEEN COMPLETED: Stair's front and rear have been replaced. MAJOR UPGRADES to the kitchen, the floors have been epoxied, walls repainted, and air ducts replaced. Decks, windows, and shingle shakes have been powered washed and looks terrific. Kitchen and bathrooms freshly painted, and dining room and wait station floors sealed and buffed. These are just a few of the enhancements. New pictures coming soon! MJSM Enterprises, LLC is offering the chance of a lifetime to an enterprising investor. This 'OBX' turnkey Real Estate venture with an already delivering established revenue stream is an opportunity you do not want to miss. Strategically well-situated in the middle of 'tri-villages,' the commercial property with frontage on Hwy 12 includes a 2-story building & for 16 years, the first floor has been and remains the home of Atlantic Coast Café, the second floor includes office space and a two-bedroom apartment with great views. With the 2.4 mile 'Jug Handle' bridge due to open this year, guest stays, and the retail season are guaranteed to increase and remain steady. Don't wait - call today! This remarkable business opportunity is a savvy investor's dream come true!

    • General Features
      • Tax Year 2021
      • Taxes $2,289
      • Year Built 2005
      • Type Multi Unit
      • Area Waves Soundside
      • Bank Institution Owned No
      • County Dare
      • Financing Options Cash,Commercial
      • Business Name MJSM Enterprises, LLC
      • Business Real Estate Bldg/Land Simple
      • Flood Zone AE
      • Potential Short Sale No
    • Building Features
      • Air Conditioning Heat Pump
      • Construction Frame,Wood
      • Commercial Features Equip. Conveys, Fire Sprinklers, Handicap Features, Inventory Convey, Living Quarters, Public Restroom (s), Smoke Alarm
      • Roof Asphalt/Fiber Shingle
      • Insulation Yes
      • Floor Covering Tile
      • Foundation Piling
      • Parking Garage 1-25 Spaces, Parking Lot, Paved, Unpaved
    • Property Features
      • Lot Description Additional Land Available, Beach Frontage, Water Frontage
      • Roads Public
      • Property Features Door Sign,Dumpster,Pole Sign,Roof Sign
      • Sewer Septic Private Septic
      • View Description Sound
      • Water Municipal Water
      • Waterfront Location Soundfront
      • Tenant Pays Other-See Remarks


    27982 (Waves) Demographics

    56 Median Age
    171 Population Density (per sq. mile)
    23% College Educated
    N/A Estimated Median Income
    13 Estimated Total Home Owners
    11 Estimated Total Renters
    54% / 46% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    56 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $0 Median Sales Price
    0 Homes Sold
    1 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- New in Database Source: Multiple Listing Service New Value: $0 -100%
        7/15/2022 3:00:00 AM Sold Source: Multiple Listing Service New Value: $900,000
        6/3/2022 6:31:11 PM Status Changed Source: Multiple Listing Service New Value: Under Contract
        The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange™ Program of the Outerbanks Association of REALTORS®, Inc. MLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. The information being provided is 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. © Copyright 2022 the Outerbanks Association of REALTORS® and Atkinson Realty. All rights reserved.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.