Listing ID117328
Price$759,300
StatusActive
Acres 4.640
CountyDare
Property TypeLand
Property Sub TypeCommercial
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.
Listed by: Bobby Harrell from Harrell & Associates 252-473-7804.

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Contact - Listing ID 117328

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Holleay Parcker

Kitty Hawk, NC 27949
Phone: 252-207-1617

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Photo of Holleay Parcker Real Estate
Holleay Parcker
Spinnaker Realty LLC
4012 Creek Road
Kitty Hawk NC 27949
252.207.1617
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