Welcome to 2705 N Croatan Hwy, a prime 4 unit commercial opportunity in the heart of Kill Devil Hills! Positioned directly beside N Croatan Hwy, this property offers excellent visibility and convenient access in one of the Outer Banks’ most traveled locations. The paved parking lot provides 18 parking spaces, including 1 handicapped-accessible space, making it easy and convenient for customers, clients, and employees. With a highly visible location, ample paved parking, and easy access to N Croatan Hwy, this property offers an excellent setting for a variety of business possibilities. Come take a look and discover the potential this location has to offer! 2701 N Croatan Hwy is also For Sale (MLS #133627).
** Priced Below Tax Value!** Don’t miss this unique opportunity in the heart of Kill Devil Hills! This well-maintained 3-bedroom, 1-bath home sits on a commercially zoned lot, offering flexibility as a primary residence, second home, investment property, business location, or future redevelopment opportunity. Never rented and primarily used as a second home, the property is in excellent condition. The HVAC and hot water heater were installed in 2015. The spacious area beneath the home provides plenty of storage and potential workshop space. Conveniently located just minutes from beautiful beaches, shopping, dining, and local attractions. **Motivated sellers — priced below tax value and ready for your offer!** Ideally located just minutes from shopping, dining, beautiful beaches, and popular local attractions, this property combines convenience with outstanding potential. Whether you're looking to move in, invest, or explore future commercial opportunities, this is a property you won't want to miss.
Rare opportunity to own a commercially zoned property in a highly visible location along N Croatan Highway in Kill Devil Hills. This parcel features a two-story office building with approximately 2,241 square feet of space and is currently tenant occupied. The property offers excellent highway exposure, convenient access, and a flexible office layout suitable for a variety of professional or commercial uses. Located in the heart of the Outer Banks business corridor, this property presents an opportunity for investors or future owner-users seeking a well-positioned commercial asset in a growing coastal market.
Investment Summary 3207 Briggs Street presents a rare opportunity to acquire a six-unit, value-add multifamily asset in the heart of Kill Devil Hills, one of the Outer Banks' strongest rental markets. The property consists of a two-story, approximately 3,558-square-foot building with six residential units and includes the adjacent parcel (Lot 8, Parcel #000022000), providing additional value and future flexibility. The current ownership has maintained consistent occupancy; however, existing rental rates remain below prevailing market levels. Investors have a clear opportunity to execute a value-add strategy through interior renovations, exterior improvements, and operational efficiencies designed to reposition the asset and drive meaningful increases in net operating income. The property's commercial zoning provides flexibility for future ownership strategies while preserving its established multi-family use. Situated just minutes from the Atlantic Ocean, major employers, retail, dining, and year-round amenities, the asset benefits from a highly desirable location with strong rental demand and limited multifamily inventory. Investment Highlights; Six-unit multifamily asset in the center of Kill Devil Hills. Commercial zoning with established residential use. Below-market in-place rents provide immediate income growth potential. Value-add renovation opportunity to increase rental revenue and overall asset value. Adjacent parcel included (Lot 8, Parcel #000022000), offering additional flexibility and long-term potential. Excellent coastal location near beaches, employment centers, shopping, and restaurants.Opportunity to enhance cash flow, increase NOI, and create substantial equity through strategic capital improvements and professional asset management. This offering represents an opportunity to acquire a well-located, income-producing asset with significant upside through thoughtful repositioning in one of North Carolina's most sought-after coastal markets.
**Motivated Sellers!** Don't miss this unique opportunity to own a versatile 3-bedroom, 1-bath home in the heart of Kill Devil Hills. Situated on a commercially zoned lot, this property offers exceptional flexibility for a primary residence, vacation home, investment property, business location, or future redevelopment. Meticulously maintained, never rented, and primarily used as a second home, this home is in excellent condition. It features an HVAC system and hot water heater installed in 2015. The spacious area beneath the home provides abundant storage for beach gear, tools, equipment, or even a workshop. Ideally located just minutes from shopping, dining, beautiful beaches, and popular local attractions, this property combines convenience with outstanding potential. Whether you're looking to move in, invest, or explore future commercial opportunities, this is a property you won't want to miss.
Kill Devil Hills is located in North Carolina. Kill Devil Hills, North Carolina has a population of 7,541. Kill Devil Hills is less family-centric than the surrounding county with 19.71% of the households containing married families with children. The county average for households married with children is 24.89%.
The median household income in Kill Devil Hills, North Carolina is $62,721. The median household income for the surrounding county is $69,500 compared to the national median of $69,021. The median age of people living in Kill Devil Hills is 47.4 years.
The average high temperature in July is 87.4 degrees, with an average low temperature in January of 33.6 degrees. The average rainfall is approximately 48.7 inches per year, with 1 inches of snow per year.
