Like much of the US, commercial real estate had a slow year along the Outer Banks.  We saw only 19 commercial properties change hands.  For those looking, there are great opportunities in Outer Banks businesses for sale, one niche of the market that continues to have strong interest is, OBX restaurants for sale.  

 

 

2009 Year End Outer Banks Commercial Real Estate Report

 

 

Type Price Address City
Retail $127,500  520-E  Old Stoney Road Corolla
Retail $250,000  25  Lazy Lane Engelhard
Other $160,000  53203  Delmer Willis Road Frisco
Restaurant $150,000  53060  NC 12 Highway Frisco
Gas $1,100,000  6265  Caratoke Highway Grandy
Other $275,000  6906  Caratoke Highway GRANDY
Other $850,000  2306  N Croatan Highway Kill Devil Hills
Office $1,000,000  4607  N Croatan Highway Kitty Hawk
Restaurant $665,000  525  S Highway 64/264 Manteo
Gas $665,000  7603  S Virginia Dare Trail Nags Head
Retail $62,700  589  Irvin Garrish Highway Ocracoke
Retail $62,700  587  Irvin Garrish Highway Ocracoke
Retail $59,400  587  Irvin Garrish Highway Ocracoke
Retail $62,700  589  Irvin Garrish Highway Ocracoke
Retail $150,700  585  Irvin Garrish Highway Ocracoke
Retail $150,700  585  Irvin Garrish Highway Ocracoke
Warehouse $170,000  8109  Caratoke Highway Powell's Point
Warehouse $160,000  102  Harbinger Court Powell's Point
Warehouse $735,000  8097  Caratoke Highway Powells Point

 

Posted by Mike Bishal on
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