New

$3,975,000

8 hours ago

6475 N Croatan Hwy, Southern Shores, NC

Name: 6475 N Croatan Hwy, For Sale in Southern Shores - eXp Realty
Brand: Coldwell Banker Seaside Realty - KDH
SKU: 131652
Price: 3975000 USD

0 Bed

0 Bath

MLS® 131652

Key Facts
Description
Map

Key Facts

Type Office

Levels Commercial Sale

Size -

Garage No

HOA Fees

Taxes $10,119

Days Active 0

Approx. Age 2005

MLS® Number 131652

Property Address: 6475 N Croatan Hwy, Southern Shores, NC, 27949-4384

Average square foot calculated using Size range provided by listing agent.

Description

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 full 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.

MLS® Number131652

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry Level

Exposure

Exterior

GarageNo

Approx. Age2005

Stories

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

Heat

A/C

Heating Fuel

Extras

Similar Listings

Price History

-End Date

Not Sold YetSold Price

For Sale

Jan 29, 2026List Date

$3,975,000List Price

Commute

Commute

Starting Address

Destination Address

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