1518 S Memorial Boulevard Lots 120-122, Kill

$475,000

0 Beds
0 Baths
9,500 Sqft
0 Acres
0 Garages

This well-maintained commercial building offers superb visibility from both the bypass and beach road! Once used as a pool and spa sales and service location and more recently was the headquarters for the Beach Book. With a three bedroom apartment upstairs that historically had been generating $1,200 a month in year round rental income, six office spaces and storage area with a garage door the possibilities are endless! This would be a great investment property and is ideal for someone wanting to live above their business. Office spaces could generate as much as $2,400 a month if they were rented for $400 each. This income along with $1,200 a month for the apartment rental income would give a total income of $3,600 a month. Office spaces could be reconfigured depending on buyers needs. NEW ROOF IN 2019, NEW LVT FLOORS DOWNSTAIRS, WIRED FOR ETHERNET AND MULTIPLE PHONE LINES.

Essential Information
MLS® #107843
Price$475,000
Square Footage9,500
Year Built1979
TypeCommercial
Sub-TypeOffice
StatusActive
Community Information
AreaKill Devil Hills b/w Hwys
SubdivisionOcean Acres Inc
CityKill
CountyDare
StateNC
Zip Code27948
Address

1518 S Memorial Boulevard Lots 120-122

Amenities
WaterfrontNone
Garages

1-25 Spaces, Parking Lot, Paved

Interior
HeatingCentral, Heat Pump
CoolingCentral, Heat Pump
Exterior
Lot Description9500 sq ft
RoofAsphalt/Fiber Shingle
ConstructionFrame, Wood
FoundationMasonry, Slab
Additional Information
Date ListedJanuary 12th, 2020
Days on Market401
Zoningcommercial
Listing Details
AgentRussell, Tammy
OfficeKeller Williams - OBX
Property History
Price Reduced from $494,500 to $475,000
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Listing information last updated on April 5th, 2020 at 12:30pm EDT.