Courtesy: Harrell & Associates
252-441-7887
First Colony Inn - Historic Outer Banks Inn with Oceanfront Development Opportunity A rare opportunity to acquire one of the most iconichospitality properties on the Outer Banks. Located in the heart of Nags Head, the historic First Colony Inn offers timeless coastal charm pairedwith a unique oceanfront investment component. Originally constructed in 1932 and listed on the National Register of Historic Places, the inn isone of the last remaining examples of the classic ''Old Nags Head style'' beach hotels that once defined the Outer Banks. The shingle-stylestructure features expansive wraparound verandas designed to capture ocean breezes and provide inviting spaces for guests to relax andgather. The property includes 26 uniquely appointed guest rooms, many offering kitchenettes, sitting areas, whirlpool tubs, or private porches.Amenities include a seasonal outdoor pool, landscaped grounds, welcoming common areas, and convenient beach access nearby. The inn haslong been a favorite destination for weddings, reunions, and coastal getaways, with strong repeat clientele and year-round tourism demand.Included in the offering are oceanfront parcels totaling approximately 210 feet of direct Atlantic Ocean frontage, presenting a rare and valuableopportunity for future development, expansion, or preservation of premier beachfront property. Oceanfront land in this location is exceptionallylimited, making this component a significant investment asset. With nearly a century of history, strong brand recognition, and the added value ofsubstantial oceanfront holdings, the First Colony Inn represents a turnkey hospitality investment combined with a prime coastal real estateopportunity in one of North Carolina's most sought-after beach destinations.
Discover the charm of "Life on a Sandbar" at Jockey's Ridge Crossing, an OBX institution for over two decades, consistently ranked as a #1 attraction on Trip Advisor. This prime location has excellent foot traffic and visibility. This business offers a unique opportunity for a new owner, boasting a diverse range of offerings, "Life on a Sandbar" features both retail and wholesale components. The retail segment showcases distinctive, hands-on items such as hair wraps, henna tattoos, and sand art, complemented by a selection of traditional jewelry and t-shirts. The business has become synonymous with the OBX experience; generations of visitors keep coming back. Owners, who have decided to retire, are offering a smooth transition for the new owner. Their commitment includes assistance during the initial season to facilitate training and ensure a seamless continuation of operations. The business has already securing inventory for the 2025 season. At the point of sale, a comprehensive inventory assessment will be conducted, with the associated costs added to the buyer's closing expense as a separate bill of sale. Qualified Buyers can review the past 5 years P&L after signing a NDA...you will be impressed with the numbers.
Courtesy: Ocean Pearl Realty, LLC
252-619-2564
Restaurant Available for Lease!! Ready for you NOW! Opportunity and Potential awaits with this prime location!! It has been a known and established business for almost 20 years! Keep it the same business model or change it to your style! This restaurant space is ready for you to make your own! This restaurant has indoor and outdoor seating, a huge kitchen, and tons of storage! Also included in the lease is a Studio Apartment! Don't worry about housing, it is right upstairs! At the back of the restaurant there is a massive walk-in refrigerator & freezer. The kitchen is outfitted with a gigantic CaptiveAire Hood. Several pieces equipment are available for your use, 80 quart mixer, oven, fryer, and more! Envision your new business and make it a reality for the Summer of 2026! Square footage listed is for restaurant and living quarters combined. Lease is $5,999 per month. Call for more details!!
Nags Head is located in North Carolina. Nags Head, North Carolina has a population of 3,096. Nags Head is less family-centric than the surrounding county with 10.39% of the households containing married families with children. The county average for households married with children is 24.89%.
The median household income in Nags Head, North Carolina is $74,256. 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 Nags Head is 55.6 years.
The average high temperature in July is 87.4 degrees, with an average low temperature in January of 33.7 degrees. The average rainfall is approximately 48.8 inches per year, with 0.8 inches of snow per year.
