$370,000
$384,900
3.9%For more information regarding the value of a property, please contact us for a free consultation.
7467 Caratoke Highway #Lot 1 Jarvisburg, NC 27947
1 Acres Lot
Key Details
Sold Price $370,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 120937
Sold Date 06/30/23
Year Built 1981
Annual Tax Amount $1,105
Tax Year 2022
Lot Size 1.000 Acres
Acres 1.0
Property Sub-Type Office
Property Description
Rare Opportunity! ... Brick 3000 Square Foot Office Building on CARATOKE HIGHWAY IN JARVISBURG ... just North of the Tabacco Barn *** "HIGH TRAFFIC COUNT LOCATION" *** ZONED GENERAL BUSINESS (GB) - Many Possible Uses under the GB Zoning * NOTE: Seller "may" consider Seller Financing Terms with 20% Down *** There was an existing Business in this Facility known as Seashell Point Academy (a daycare business) - which is now no longer an active business operation, but the Entity itself is still viable and has Value * Per Seller, a significant value is its NC State accredited "4 Star" Rating - this is a rating system that dictates mainly how much a daycare operator can charge clients for their children's care. A new Daycare business in the State of NC has to start out with a "1 Star" Rating which means that the daycare operator is limited to the lowest amount that can be charged a client for their child's care, and the system then slowly progresses up to the higher rating levels based on time/performance. The Owner/Operator of the Seashell Point Academy is agreeable to sell the Business Entity (to include All Personal Property onsite) to a new Buyer of the Building - that would be a separate negotiation / contract which can be initiated through the Listing Agent. The Owner/Operator of the Seashell Point Academy is agreeable to work out terms to assist a new owner with a business transition - the time period of which is negotiable ... This would allow a new Business Owner to start out with the "4 Star" rating which will significantly benefit the cash flow for a new Owner *** What is being offered for sale within this offering is the real property (Building and Land) *** Building contains 5 large rooms with each containing a bathroom facility * Main Exterior Entry Features Handicap Ramp with wide hallway to include center Reception Area, Handicap Bathroom, and separate Owner/Operator Office Space *** Building has Brick Exterior and has a large fenced area *** A Daycare Facility would be an easy quick fit as the building with its interior design i swell-suited for this Use *** And the Buyer of the Real Property Building & Land also has the opportunity to buy the Business Entity and step into a new Business that has a very short term Start up process *** NOTE: The GB COMMERCIAL ZONING ALLOWS FOR A MULTITUDE OF OTHER USES ... This building/property would be suitable for such as: Church, Kennel, Legal / Real Estate / Professional Office, Restaurant, HVAC Company, Pest Control Company ... the list of possible USES are Listed in the Currituck County Website and the list of USES are extensive under the Zoning Classification *** NOTE: It is the Buyer's responsibility to determine if their intended USE (other than the current permitted Use) will require a New Currituck County USE Permit and possibly remodel expense to make the building suitable for the intended Use and to meet any County required aspects of the Building / Property to be brought to code for that intended USE *** Existing Building is connected to County Water and per Seller there is an old Well Point on site that may or may not be viable *** NOTE: The Real Property included is sold in as-is condition *** NOTE: IF A BUYER wants to continue with a daycare business in the premises ... the prior owner Daycare Business Entity and all Personal property onsite can be purchased Separately from the Real Property *** NOTE: Seller "may" consider Seller Financing Terms with 20% Down *** Lots of Possibilities! ... Come See!
Location
State NC
County Currituck
Area Jarvisburg To Poplar Br.
Zoning GB
Interior
Heating Electric, Heat Pump
Cooling Heat Pump
Flooring Vinyl
Exterior
Parking Features 1-25 Spaces, Parking Lot, Unpaved
Waterfront Description None
Roof Type Asphalt/Fiber Shingle
Building
Lot Description Level
Foundation Masonry
Lot Size Range 152 x 259 x 213 x 268
Sewer Private Septic
Others
Acceptable Financing Conventional
Listing Terms Conventional
Financing Cash,Commercial,Owner Finance 1st
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Bought with Caroline Basnight • Village Realty Holdings, LLC - NH