About 3581 Caratoke Hwy
Turn Outer Banks Travel Days into Year-Round Profits! Own the Waterfront Café & Bar (Currituck Trading Post), strategically located where NC-168 meets the bay. The only spot capturing 15,000-50,000 cars daily on the gateway to the Outer Banks. This 1.09-acre, bulk-headed site, rebuilt in 2022, features a chic market hall, indoor/outdoor bar, new commercial kitchen, walk-in cooler, food-truck pad, and a 75-foot floating dock with private ramp. Enjoy multiple revenue streams from the café, ABC-permitted bar, grab-n-go market, kayak/SUP rentals, live-music lawn, and transient slips, already generating approximately $1.2 million in gross revenue and a 9% cap rate. There's also room to expand with fuel service or additional docks under GB zoning. The sale includes fee-simple real estate, a thriving business, and all furniture, fixtures, and equipment (FF&E). Enjoy epic sunsets while your investment works overtime!
Features of 3581 Caratoke Hwy
| MLS® # | 10592342 |
|---|---|
| Price | $3,600,000 |
| Bathrooms | 0.00 |
| Square Footage | 2,510 |
| Acres | 1.09 |
| Year Built | 1972 |
| Type | Commercial/Industrial |
| Sub-Type | Purchase |
| Status | Active |
Community Information
| Address | 3581 Caratoke Hwy |
|---|---|
| Area | Currituck County NC |
| Subdivision | ALL OTHERS AREA 200 |
| City | Currituck County |
| State | North Carolina |
| Zip Code | 27956 |
Amenities
| Utilities | Electric, Priv Water, Septic, Well |
|---|---|
| Features | Display Window, Door Sign, Fire Sprinkler Sys, Landscaped, Lighting, Mini Kitchen, Priv Restrms, Public Restrms, Rear Entrance, Security Sys/Own |
| Parking Spaces | 1 |
| Parking | Addl Parking, 1-25 Spcs |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Heat Pump |
|---|---|
| Cooling | 16+ SEER A/C, Central Air |
| Fireplace | No |
Exterior
| Exterior | Vinyl, Wood |
|---|---|
| Roof | Metal |
| Construction | Block, Renovated |
| Foundation | Slab |
Additional Information
| Days on Market | 112 |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Atlantic Sothebys Int'l Realty |
|---|