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Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
MLS Listing ID 132079
HOA Y/N No
Year Built 1955
Tax Year 2025
Property Sub-Type Other
Property Description
Commercial / Mixed-Use Investment Opportunity in the Heart of Avon
Located directly on NC Highway 12 in Avon, this unique mixed-use property offers an exceptional opportunity for investors seeking both commercial and residential income on Hatteras Island. The property features five income-producing units across two separate buildings, providing multiple revenue streams in a highly visible and desirable location.
The front building offers prime Highway 12 storefront exposure and is currently leased with a 5-year commercial lease in place, providing immediate and stable income for the next owner. The building also includes a 1-bedroom, 1-bath apartment that is currently rented, creating additional income potential or offering a live/work opportunity.
Behind the commercial building sits a triplex consisting of three 2-bedroom, 1-bath residential units, each offering comfortable living spaces for long-term tenants, employee housing, or seasonal rentals. All three units are currently rented on monthly leases, providing established income for the property.
The three improvements were constructed in different years.
With high visibility along NC Highway 12, proximity to Avon's restaurants, shops, and beach access, and multiple rental possibilities, this property presents a rare mixed-use investment opportunity on Hatteras Island.
Located directly on NC Highway 12 in Avon, this unique mixed-use property offers an exceptional opportunity for investors seeking both commercial and residential income on Hatteras Island. The property features five income-producing units across two separate buildings, providing multiple revenue streams in a highly visible and desirable location.
The front building offers prime Highway 12 storefront exposure and is currently leased with a 5-year commercial lease in place, providing immediate and stable income for the next owner. The building also includes a 1-bedroom, 1-bath apartment that is currently rented, creating additional income potential or offering a live/work opportunity.
Behind the commercial building sits a triplex consisting of three 2-bedroom, 1-bath residential units, each offering comfortable living spaces for long-term tenants, employee housing, or seasonal rentals. All three units are currently rented on monthly leases, providing established income for the property.
The three improvements were constructed in different years.
With high visibility along NC Highway 12, proximity to Avon's restaurants, shops, and beach access, and multiple rental possibilities, this property presents a rare mixed-use investment opportunity on Hatteras Island.
Location
State NC
County Dare
Area Avon Soundside
Zoning C-2&R-2A
Interior
Heating Central, Electric
Exterior
Garage Description Parking Lot, Paved, Off Street
Waterfront Description None
View Y/N No
Roof Type Asphalt/Fiber Shingle
Private Pool No
Building
Sewer Private Septic
Water Municipal Water
Others
Ownership Owned More than 12 Months
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