Investment opportunity in Salvo. Strong commercial lease in place for 3.5 more years with a property management firm on the ground floor. Above on the second floor are 3 two bedroom apartments. Two are currently month to month-to-month leases, and the third will be on month to month in August 2024. 3 HVAC units were replaced(9/2020, 3/2022, and 12/2022). In 2021 a new septic field for 6 bedrooms was installed. Great central location, solid building, and good financials that can only get better make this a smart investment on the OBX.
Building for sale, 26651 NC Highway 12, in Dare County, United States
26651 North Carolina Hwy 12, Salvo, NC 27972, USA, 26651 NC Highway 12
Commercial building • ref: 3yd-OBARNC-124924
PHP 51,782,396
PHP 57,542,396-5,760,000
Surfaces
Land2229.67 m²
26651 NC Highway 12, Dare County
Outer Banks Realty Group
IDOBARNC
NameOuter Banks Association of Realtors ®
Number124924