Commercial

7531 Virginia Dare Trail S, Nags Head

$5,000,000.00

  • Listing ID #: 132517
  • Status: Active
  • Address: 7531 Virginia Dare Trail S, Nags Head, NC 27959-9990
  • Date Listed: 4/14/2026
  • Days on Market: 39
  • Acres: 1.16
  • Stipulations: No
  • Subdivision: Caribbean Corners Center Condo

Location Location

Agent Comments Agent Comments
Introducing Nags Head Waterfront Shops at Caribbean Corners, a rare soundfront commercial assemblage along the iconic Virginia Dare Trail Causeway of Nags Head. Comprising of 17 unit parcels with direct waterfront exposure and boardwalk access. With over 300 +- indoor/outdoor seating, this property represents a unique opportunity to control a prominent stretch of the Roanoke Sound Waterfront within one of the Outer Banks’ most recognizable corridors. The setting defines the property—expansive sunset views, walkable waterfront access, and a vibrant, destination-oriented atmosphere where visitors gather to dine, shop, and experience the coastal lifestyle. Guests can enjoy a meal or a casual drink while gathering for ice cream, all framed by unobstructed views over the Roanoke Sound, creating a destination enviroment that drives consistent visitor activity and repeat traffic. A distinctive waterfront setting not easily replicated along the Outer Banks. The property is improved with a diverse mix of established tenants including restaurants with indoor/outdoor seating, retail, brewery tasting room, ice cream shop and office suites, providing in-place income while preserving flexibility for future vision and enhancement. Positioned within Nags Head’s General C-2 zoning and the Water Sports Overlay District, Caribbean Corners Shopping Center offers a rare combination of assemblage scale, waterfront positioning, and land use flexibility, supporting a wide range of potential commercial and mixed-use concepts, subject to approvals. Opportunities of this scale and waterfront presence are limited along the Outer Banks. This offering is best suited for investors, operators, or long-term holders seeking a legacy coastal asset with enduring appeal and multiple avenues for future value creation. Contact listing agent for additional information and private showing arrangements. Units 1-A through 1 E are combined as a restaurant and is 1927 sq ft. Units 3A-3B are combined as a Brewery Tasting Room. Units 3C-3E are combined as a Pizza Restaurant. Total sq. ft. - 2356.55 Unts 2 A-2F are individual units. 3 are commercial 3 second floor units are office with full bathrooms. Total sq ft. 2487.96

Additional Features Additional Features
  • Construction Materials: Frame,Wood
  • County: Dare
  • Days on Market: 39
  • Flood Zone: AE,VE
  • Pool: No
  • Property Sub Type: Multi Unit
  • Sale or Rent: S
  • Sewer: Community Septic,Private Septic
  • Waterfront Features: Soundfront
  • Water/Sewer: Municipal Water
  • Year Built: 1981

Financial Financial
  • Annual Tax Amount: 21306.97
  • Bank/Institution Owned: No
  • Buyer Financing: Commercial,Cash
  • Original Price: 5000000
  • Ownership: Owned More than 12 Months
  • Possession: At Closing
  • Price Update Date: 2026-05-08T15:41:17.3+00:00
  • Short Sale: No
  • Tax Year: 2026

Exterior Features Exterior Features
  • Foundation details: Piling
  • Fuel Tanks: None
  • Lot Faces: S
  • Lot Features: Adj. To Common Area,Bulkheaded,Common Area,Level,Water Frontage
  • Lot Size Square Feet: 50500
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 316
  • Water Frontage: 316
  • Water Source: Municipal Water
  • Waterfront Feature: Soundfront
  • View: Sound,Salt Marsh

Location Location
  • Directions: 158 S to Nags Head Causeway. Shopping Center is next to Kitty Hawk Kites Soundfront.
  • Flood Zone: AE,VE
  • Street Number: 7531
  • MLS Area Minor: Nags Head Westside

Listed by: Suzanne from Outer Banks Realty Solutions.

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