41076 Nc 12 Highway

Description

Commercial / Mixed-Use Investment Opportunity in the Heart of Avon Located directly on NC Highway 12 in Avon, this unique mixed-use property offers an exceptional opportunity for investors seeking both commercial and residential income on Hatteras Island. The property features five income-producing units across two separate buildings, providing multiple revenue streams in a highly visible and desirable location. The front building offers prime Highway 12 storefront exposure and is currently leased with a 5-year commercial lease in place, providing immediate and stable income for the next owner. The building also includes a 1-bedroom, 1-bath apartment that is currently rented, creating additional income potential or offering a live/work opportunity. Behind the commercial building sits a triplex consisting of three 2-bedroom, 1-bath residential units, each offering comfortable living spaces for long-term tenants, employee housing, or seasonal rentals. All three units are currently rented on monthly leases, providing established income for the property. The three improvements were constructed in different years. With high visibility along NC Highway 12, proximity to Avon’s restaurants, shops, and beach access, and multiple rental possibilities, this property presents a rare mixed-use investment opportunity on Hatteras Island.