Commercial

3941 Croatan Highway S Unit 113, Nags Head

$259,000.00

  • Listing ID #: 124714
  • Status: Active
  • Address: 3941 Croatan Highway S Unit 113, Nags Head, NC 27959
  • Date Listed: 2/18/2024
  • Days on Market: 430
  • Restrictions: Exclusions
  • Stipulations: No

Location Location

Agent Comments Agent Comments
Discover the charm of "Life on a Sandbar" at Jockey's Ridge Crossing, an OBX institution for over two decades, consistently ranked as a #1 attraction on TripAdvisor. This prime location has excellent foot traffic and visibility. This business offers a unique opportunity for a new owner, boasting a diverse range of offerings, "Life on a Sandbar" features both retail and wholesale components. The retail segment showcases distinctive, hands-on items such as hair wraps, henna tattoos, and sand art, complemented by a selection of traditional jewelry and t-shirts. The business has become synonymous with the OBX experience; generations of visitors keep coming back. Owners, who have decided to retire, are offering a smooth transition for the new owner. Their commitment includes assistance during the initial season to facilitate training and ensure a seamless continuation of operations. The business has already securing inventory for the 2025 season. At the point of sale, a comprehensive inventory assessment will be conducted, with the associated costs added to the buyer's closing expense as a separate bill of sale. Qualified Buyers can review the past 5 years P&L after signing a NDA...you will be impressed with the numbers.

Additional Features Additional Features
  • Construction Materials: Frame
  • County: Dare
  • Days on Market: 430
  • Pool: No
  • Property Sub Type: Retail
  • Sale or Rent: R
  • Waterfront Features: Semi-Oceanfront (2nd row)
  • Year Built: 1986

Financial Financial
  • Annual Tax Amount: 0
  • Bank/Institution Owned: No
  • Buyer Financing: Cash
  • Original Price: 265000
  • Ownership: Owned More than 12 Months
  • Possession: At Closing
  • Price Update Date: 2025-02-28T18:14:20.8+00:00
  • Short Sale: No
  • Tax Year: 2024

Interior Features Interior Features
  • Electronic Locks: None

Exterior Features Exterior Features
  • Foundation details: Piling
  • Fuel Tanks: None
  • Road Surface Type: Public,Paved
  • Waterfront Feature: Semi-Oceanfront (2nd row)
  • View: Park Serv./Preserve

Location Location
  • Street Number: 3941
  • MLS Area Minor: Nags Head between hwys

Listed by: Karen from Basnight Realty.

Outer Banks Association of Realtors

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