Kitty Hawk NC Real Estate & Commercial for Sale

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Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
131652
Type:
Office
Lot size:
1.15 Acres
Year built:
2005
Courtesy: Coldwell Banker Seaside Realty - KDH 252-480-4444
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ADDITIONAL INFORMATION

Exceptional opportunity to acquire a HIGH-QUALITY, INCOME-PRODUCING MIXED-USE COMMERCIAL PROPERTY in one of the most visible and strategically located corridors on the Outer Banks, positioned at the foot of the Wright Memorial Bridge with PROMINENT HIGHWAY VISIBILITY AND FRONTAGE, offering exceptional exposure along one of the area’s most heavily traveled commercial corridors. The offering includes a TWO-STORY, CLASS A–QUALITY OFFICE BUILDING (constructed in 2005) and a DETACHED MIXED-USE STRUCTURE (2014), providing a rare combination of RESIDENTIAL UNITS AND LARGE-EQUIPMENT STORAGE. The main office building is currently configured into SIX PROFESSIONAL OFFICE SUITES with reception areas, shared lounge spaces, ELEVATOR ACCESS, and FULL ADA COMPLIANCE, reflecting a level of construction quality and long-term ownership care rarely available in today’s limited commercial inventory. The existing office suites feature flexible interior layouts that can be readily reconfigured to accommodate alternate floor plan options or evolving tenant needs. The site offers AMPLE PARKING and ATTRACTIVELY LANDSCAPED GROUNDS with mature vegetation and irrigation, creating a polished and professional environment. ALL 6 OFFICE SUITES AND 2 DWELLING UNITS ARE CURRENTLY OCCUPIED, producing IN-PLACE GROSS ANNUAL INCOME OF $210,605.52, with CONTRACTUAL RENT INCREASES ALREADY SCHEDULED beginning in 2026; based solely on existing leases, projected income increases to approximately $219,887 annually by mid-2026 with additional ESCALATIONS thereafter. The DETACHED REAR BUILDING adds meaningful upside, featuring MULTIPLE TEMPERATURE CONTROLLED STORAGE BAYS with ONE CURRENTLY LEASED AND TWO VACANT, offering immediate lease-up potential, along with 2 INCOME-PRODUCING ACCESSORY UNITS with kitchens, private living areas, and EXPANSIVE DECKS OVERLOOKING THE CURRITUCK SOUND. OWNER FINANCING AVAILABLE AND PREFERRED. Seller will consider COMPETITIVE FIXED-RATE OWNER FINANCING with 20–25 YEAR TERMS. Interest rate and structure are OFFER-DEPENDENT, with more favorable terms available for stronger offers. Seller financing is integral to the transaction structure. TERMS AS COMPETITIVE AS PRICE. This is a RARE OPPORTUNITY to acquire a PROFESSIONALLY MAINTAINED, HIGH-VISIBILITY COMMERCIAL ASSET with STRONG IN-PLACE INCOME, MULTIPLE REVENUE STREAMS, AND SIGNIFICANT VALUE-ADD POTENTIAL in a supply-constrained market.

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Andrea Conner, License #298336, Xome Inc., License #C24582, [email protected], 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067


Outer Banks Association of Realtors®. All right reserved. The data relating to real estate for sale on this web site comes from the Broker Reciprocity Program of the Outer Banks Association of REALTORS®. Real estate listings include the name of the brokerage firms and listing agents. Information is believed to be accurate but is not warranted. Information provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Neither the Outer Banks Association of REALTORS® or the owner of this site shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.



Kitty Hawk Real Estate

Kitty Hawk is located in North Carolina. Kitty Hawk, North Carolina has a population of 3,664. Kitty Hawk is more family-centric than the surrounding county with 32.1% of the households containing married families with children. The county average for households married with children is 24.89%.

The median household income in Kitty Hawk, North Carolina is $80,172. 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 Kitty Hawk is 50 years.

Kitty Hawk Weather

The average high temperature in July is 88 degrees, with an average low temperature in January of 33.5 degrees. The average rainfall is approximately 48.5 inches per year, with 1 inches of snow per year.

Kitty Hawk Map

Kitty Hawk Real Estate Market Conditions

  • Median sales price

    $695,000
    19.6%
    change since last quarter
  • # Active listings

    49
    30-day change

Kitty Hawk Schools and Demographics

Education near Kitty Hawk, NC

City County
High School Graduates 97.33 95.29
College Degree - 2 year 7.5 9.53
College Degree - 4 year 36.79 40.18
Graduate Degree 8.75 10.56
Expenditures per Student 12,344 12,344
Students per Teacher 13.3 13.3

Elementary Schools near Kitty Hawk, NC

Grades Students P/T Ratio ZIP
First Flight Elementary School PK - 05 380 13.6 27948
Jarvisburg Elementary School PK - 05 264 17.4 27947
Kitty Hawk Elementary School KG - 05 442 15.3 27949
Manteo Elementary School PK - 05 736 14.5 27954
W T Griggs Elementary KG - 05 247 12.9 27965

Middle Schools near Kitty Hawk, NC

Grades Students P/T Ratio ZIP
First Flight Middle School 06 - 08 632 13.9 27948
Manteo Middle School 06 - 08 395 11.9 27954

High Schools near Kitty Hawk, NC

Grades Students P/T Ratio ZIP
First Flight High School 09 - 12 807 13.8 27948
Manteo High School 09 - 12 466 12.2 27954

Demographics near Kitty Hawk, NC

City County
Neighborhood Type Small town
Population 3,664 36,718
Population Density 452 96
Median Age 50 47.8
People per Household 2.3 2.3
Median Household Income 80,172 69,500
Average Income per Capita 45,468 41,148

Real estate near Kitty Hawk